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Wyoming creates fintech sandbox

CFPB Monitor

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). Thus, unlike Arizona’s sandbox, a person receiving a waiver under the Sandbox Act can be exempted from Wyoming’s civil usury laws.

Wyoming 60
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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

Lending 150