Financial Technology Innovation Security Wyoming 
CFPB Monitor
JUNE 5, 2019
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.
PYMNTS
JANUARY 7, 2019
Separately, the Securities and Exchange Board of India (SEBI) is in the midst of plans for a “sandbox” that will help boost FinTech efforts for capital markets, as reported by The Hindu. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms.
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