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US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

DHS Science and Technology Directorate (S&T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.

The Rise of the Anon: Protecting Innovation

The Rise of the Anon: Protecting Innovation

Anonymity is increasingly offering protection to innovators as well as their ideas.

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

The U.S Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.

Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe

Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe

Bank of Lithuania, Lietuvos Bankas, has proposed uniform regulations throughout the European Union in response to the European Commission’s consultations for the development of the digitalization of financial services in Europe.

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Burundi has banned Bitcoin and every other form of digital trading from its soil because it can no longer offer protection to persons with problems related to it.

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!

Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution

Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution

We arranged an interview with Maha El Dimachki, Head of Payments of the FCA during Singapore FinTech Festival, which El Dimachki shares with us the contribution of the FCA for UK as the thriving FinTech hub, opportunities and threats of e-money firms from the current digital disruption.

Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation

Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation

After assuming the helm of Japan’s Financial Services Agency mandated with overseeing the monetary sector in July, Ryozo Himino has voiced his reservation of promoting cryptocurrency trading.

SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation

SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation

Hester Peirce, Commissioner of the Securities and Exchange Commission has continued her push for regulatory clarity on crypto and blockchain projects to encourage innovation in the US capital markets.

United States Financial Regulators Sign Onto the Global Financial Innovation Network

United States Financial Regulators Sign Onto the Global Financial Innovation Network

In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).

Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance

Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance

Republican Senator Cynthia Lummis is now bullish on Bitcoin, promises to educate her colleagues in Congress on Bitcoin, Financial innovation

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