The European Commission and the Council of the EU have set out the EU’s position on the use of global stablecoins. As expected, whilst they accept that financial innovations can benefit the financial sector, they consider that stablecoins pose many global risks, including, but not limited to, risks to consumers and cybersecurity.
IOSCO has published a consultation on the supervision of platforms which trade crypto-assets.
According to Maksym: financial regulators who engage with technology now stand to reap the most benefits.
The new license lowers market entry barriers for fintech companies that do not conduct theselves like a traditional bank.
Panellists from the Singapore FinTech Festival share experiences in introducing groundbreaking fintech products. (Video)
Catch the first episode of FInsight, a legal and regulatory podcast for the financial services. This issue looks at the use of regulatory sandboxes around the world.