PYMNTS

JANUARY 7, 2019

The volatility of cryptos — and the emergence of any number of blockchain and tokenization projects through the last year — has invited fresh regulatory scrutiny of digital currencies. In Ireland, reported CryptoGlobe , the Irish cabinet has approved legislation that will bring more regulation to the sector. Banks are well capitalized.

Regulation 151

Regulation cryptocurrency National Capital 151

PYMNTS

AUGUST 23, 2020

Once the approval is finalized, the license will allow it to work in dealing in securities and as an automated trading service (ATS), regulated under Hong Kong's Securities and Futures Commission (SFC). SEC filings show that the fund has a total of $300 million in assets overall now.

blockchain 151

blockchain San Francisco cryptocurrency Bitcoin 151

PYMNTS

DECEMBER 24, 2019

And for blockchain, a few warning signs have been flashing that all may not be as rosy as some observers may have hoped, had wanted. This is not to say that blockchain is doomed. Exhibit A, of course, would be Long Island Iced Tea, which back in 2017 said it would change its name to Long Blockchain Corp., billion.

blockchain 139

blockchain Course Bitcoin Examples 139

PYMNTS

AUGUST 17, 2017

The Securities and Exchange Commission is getting into the bitcoin market, saying it will regulate the popular digital currency and other cryptocurrencies. According to a report in Seeking Alpha , the SEC said the cryptocurrencies are subject to federal securities laws.

Bitcoin 147

Bitcoin Regulation cryptocurrency blockchain 147

PYMNTS

AUGUST 25, 2016

The World Federation of Exchanges (WFE) said there needs to be clarity over blockchain regulations before adoption can become more widespread. This shows we are firmly moving towards a world where the technology could become applicable to global capital markets.

blockchain 100

blockchain Regulation Survey Technology 100

PYMNTS

AUGUST 27, 2020

In other news, LVC Corporation , which operates LINE, is announcing the launch of two new products: LINE Blockchain Developers, a developer platform for blockchain services; and the BITMAX Wallet, for managing digital assets, a press release stated. Other sites, including cryptowikipedia.ru Cointelegraph reported.

Bitcoin 153

Bitcoin blockchain cryptocurrency Cards 153

Insights on Business

JUNE 19, 2017

According to a report from Santander, blockchain technology is poised to save banks $20 billion dollars a year in infrastructure costs by 2022. Pete Cherecwith, Northern Trust president of Corporate and Institutional Services, avoided viewing blockchain as impressive technology to put to use somewhere.

blockchain 181

blockchain Capital Management Security 181

PYMNTS

DECEMBER 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. Currently,” Citi explained in its announcement, “banks have to set aside capital as they wait for collateral to be settled.

blockchain 135

blockchain Cyber Security Groups Regulation 135

PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. securities bar.”. SEC Chairman Jay Clayton spoke Monday (Jan.

blockchain 133

blockchain Fort Worth Bitcoin Regulation 133

PYMNTS

AUGUST 25, 2017

The Securities Exchange Commission (SEC) announced Thursday (Aug. 24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. The move on the part of the SEC comes as the government agency has already signaled it would regulate the cryptocurrency market. 7 of this year.

Bitcoin 104

Bitcoin Capital cryptocurrency Security 104

PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . ” TaxBit will use the funding to speed up customer growth, and make its products better. ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

MARCH 12, 2020

Digital currencies, for their part, are seen as a property type and an asset when it comes to capital gains tax. In other news, the Autorité des Marchés Financiers (AMF) is mulling a regulatory sandbox for security tokens, Cointelegraph reported. That person will reportedly have to pay a fine exceeding $192,000.)

Security 130

Security Bitcoin Taxes United States 130

PYMNTS

OCTOBER 29, 2019

You have nothing to lose but your blockchains. News came this week that, as reported via CoinDesk, in China there’s a new app, tied to blockchain, that lets Communist party members attest their party loyalty. Now, blockchain is not bitcoin. Workers of the world, unite. Marx makes his mark, then, in the digital age. million.

blockchain 117

blockchain Bitcoin United States Course 117

PYMNTS

OCTOBER 25, 2019

The Commodity Futures Trading Commission ( CFTC ), Federal Deposit Insurance Corporation ( FDIC ), Office of the Comptroller of the Currency ( OCC ), and the Securities and Exchange Commission ( SEC ) have announced that they are joining the Global Financial Innovation Network ( GFIN ). Colorado’s bill does have support from some lawmakers.

Colorado 102

Colorado Regulation Innovation Wyoming 102

PYMNTS

JUNE 20, 2018

The skeptics are flocking out of the shadows to warn investors and innovators that blockchain may not be the catch-all solution and market-changing disruptor it promises to be. The latest vocal proponent of blockchain for the enterprise is Sergio Ermotti, CEO of UBS Group. “You need also to be able to price it correctly.”

blockchain 116

blockchain Innovation Security Report 116

PYMNTS

JANUARY 10, 2018

Just like the volatility of bitcoin, the world of blockchain is no stable place. In this week’s Blockchain Tracker , PYMNTS looks at the ups, downs and incoming regulatory efforts surrounding DLT. In this week’s Blockchain Tracker , PYMNTS looks at the ups, downs and incoming regulatory efforts surrounding DLT. Blockchain Ups.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101

PYMNTS

NOVEMBER 11, 2019

Tencent has announced that it will launch a blockchain-based virtual bank. The company’s blockchain chief Yige Cai revealed last week that the Hong Kong Securities and Futures Commission (SFC) has approved a new license, and that the company is setting up a team to support the platform.

blockchain 109

blockchain Bitcoin Capital Taxes 109

PYMNTS

NOVEMBER 14, 2017

The European Securities and Markets Authority (ESMA) warned investors about the risks of initial coin offerings (ICOs) in a statement on Monday (Nov. Where ICOs qualify as financial instruments, it is likely that firms involved in ICOs conduct regulated investment activities” and, as a result, “need to comply with the relevant legislation.”.

Regulation 100

Regulation Bitcoin cryptocurrency blockchain 100

PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said. Broader Doubts Emerge.

blockchain 124

blockchain Bitcoin cryptocurrency New York 124

PYMNTS

JUNE 20, 2019

One thing he wants to do right away is to enhance the coordination between financial regulators in the country. “To ” He noted that projects with distributed ledger technology (DLT) could unlock “billions of pounds in capital and liquidity.”. separates from the European Union. To remain a dominant player we in the U.K.

Regulation 116

Regulation social media cryptocurrency Capital 116

PYMNTS

JANUARY 5, 2017

As more banks, industries, companies and even retail brands take on and use blockchain technology in their business, there are the enhanced and innate elements of efficiency and security. “A But blockchain has also become a tracking mechanism, more so a cost-cutting measure for a variety of reasons. billion for a typical lender.

blockchain 115

blockchain Samsung Industry Security 115

PYMNTS

AUGUST 8, 2019

A detective superintendent said per the report, “When victims attempted to withdraw their capital, they could not.”. On another note, EZ365 unveiled a plan to roll out an ecosystem based on the blockchain that brings together a crypto casino, digital asset exchange, blockchain educational portal and eSports betting, VentureBeat reported.

blockchain 108

blockchain Bitcoin cryptocurrency Report 108

PYMNTS

FEBRUARY 19, 2019

The new regulations state that these futures exchanges and clearing houses need to have paid-up capital of at least 1.5 trillion Indonesian rupiahs ($106 million USD), as well as have a closing capital balance of at least 1.2 A home for many startup companies, Berlin boasts around 170 firms that currently look at blockchain.

Bitcoin 164

Bitcoin blockchain cryptocurrency Capital 164

CB Insights

DECEMBER 17, 2020

Primary markets represent the first stage of the capital markets cycle, where securities are created and issued for the first time, such as during an IPO, when issuing equity, or when raising money through bonds. But issuing securities can be a daunting process. More platforms to trade DLT-based securities are emerging.

blockchain 76

blockchain Security Marketing Bitcoin 76

PYMNTS

FEBRUARY 26, 2019

It was designed to settle transactions with clients of its wholesale payments operation, mainly for international and securities transactions related to blockchain. The bank said it supported crypto as long as it was properly regulated. “We The bank became the first to create its own cryptocurrency earlier this month.

cryptocurrency 175

cryptocurrency blockchain Bitcoin Payments 175

Abrigo

JULY 27, 2023

Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. Of course, banks and credit unions are highly regulated industries, and this is increasing. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. Of course, banks and credit unions are highly regulated industries, and this is increasing. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

MARCH 25, 2016

It may have been a big week for alternative lending in the consumer finance space, but in B2B payments, blockchain and eCommerce startups snagged the biggest share of venture capital. Blockchain. But that doesn’t mean blockchain is free from its notoriety. 30 million , to be exact.

blockchain 100

blockchain Capital Data Analytics 100

PYMNTS

OCTOBER 14, 2018

Other cryptocurrencies had an even worse week: Ether, the second-largest cryptocurrency by market capitalization, dropped 12 percent, while the third largest, XRP, is down 18 percent in seven days. In other news, Microsoft revealed that it will utilize blockchain to develop two products to give consumers more control over their personal data.

Bitcoin 156

Bitcoin North Dakota blockchain Data 156

PYMNTS

NOVEMBER 23, 2016

While more banks and businesses are delving into and even getting comfortable with the idea of blockchain, some businesses are removing themselves from it. This week Goldman Sachs opted out of renewing its membership to the R3CEV blockchain consortium. Another bank’s blockchain commitment that seems not firm is Germany’s central bank.

blockchain 100

blockchain Conference Austin Trends 100

Bussman Advisory

OCTOBER 7, 2023

This decline was exacerbated when UK regulators denied its request to modify capital requirements calculations for its residential mortgages. This integration offers users real-time card location via Bluetooth Low Energy technology, enhancing security and aiding in locating misplaced cards.

Metro 52

Metro blockchain Cards Samsung 52

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.

National 215

National blockchain Montana Lending 215

Insights on Business

OCTOBER 20, 2016

In March of 2016, I testified on the revolutionary nature of blockchains before the U.S. Since that time, blockchains have continued garnering interest across multiple industries from banking to health care, and have been explored for quite a few additional use cases. And let’s not forget blockchain’s nature as a disruptive technology.

blockchain 70

blockchain Las Vegas Study Marketing 70

PYMNTS

AUGUST 29, 2019

The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management as a first step into financial services, co-founders Mathias Imbach and Gerald Goh said, according to Deal Street Asia. “In

Bitcoin 101

Bitcoin North Carolina blockchain San Francisco 101

PYMNTS

SEPTEMBER 2, 2019

Venture capital firm Andreessen Horowitz is attempting to fight back against Washington’s tougher stance on cryptocurrencies. Christopher Giancarlo, who was chairman of the Commodity Futures Trading Commission at the time of the conference (he stepped down in July), warned that regulation of crypto won’t be pushed aside.

Conference 139

Conference San Francisco cryptocurrency Regulation 139

CB Insights

MAY 8, 2018

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. THE FUTURE OF BLOCKCHAIN TECH. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology.

blockchain 75

blockchain Trends Technology cryptocurrency 75