Tag: Regulation

Invest tech, RegTech

UK’s FCA and Bank of England launch consultation for Digital Securities Sandbox

April 4, 2024

Via: FinTech Futures

The consultation seeks to propose a suitable approach to how the DSS is run, including its rules and fee structures, alongside a draft guidance document for potential applicants. The DSS aims to cultivate the use of emerging technologies, such as […]

Paytech, Wholesale

EPI aligns with EC to broaden instant payments support

March 29, 2023

Via: ThePaypers

EPI Company has expressed its support for the European Commission’s proposed legislation on instant payments, which aligns with the Commission’s Retail Payments Strategy. The proposed regulation would make instant payments available to all European citizens, including individuals and businesses/merchants, on […]

Blockchain, Crypto

Digital pound could co-exist with private stablecoins — UK central bank

February 7, 2023

Via: Cointelegraph

The United Kingdom is a step closer to launching a central bank digital currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.” The 116-page consultation paper was jointly released on Feb. […]

Invest tech, RegTech

CMA warns HSBC about inaccurate Open Banking information

January 23, 2023

Via: ThePaypers

Multinational banking group HSBC has received an official warning from UK’s Competition and Markets Authority (CMA) regarding failures in providing the correct information about the Open Banking processes. According to the UK’s Competition and Markets Authority (CMA), the bank published […]

Invest tech, Trading

Mastercard taps Paxos to launch crypto trading for banks

October 17, 2022

Via: Cointelegraph

Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers. Called “Crypto Source,” the program is designed to allow users to buy, hold and sell cryptocurrencies, complemented […]

Invest tech, RegTech

Nasdaq needs clear regulations to launch crypto exchange VP

October 5, 2022

Via: Cointelegraph

Nasdaq, the United States stock exchange, has no immediate plans to launch a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president. In an interview with Bloomberg, Cohen said that the retail […]