Latest News on FINTECH

Regulation

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.

Lucas Cacioli

Aug 14, 2020

| 3 Min Read

#BLOCKCHAIN #CENTRAL BANK #BANK OF LITHUANIA #EUROPE #CBDC #FINTECH #REGTECH #INNOVATION #REGULATION

Industry

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.

Shine Li

Aug 13, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #TECHNOLOGY #FINTECH #APOLLO FINTECH #NATIONAL CURRENCY #CENTRAL BANK DIGITAL CURRENCY #CBDC #NATIONAL PAYMENT PLATFORM #NPP #CASHLESS PLATFORM

Asia

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-powered driving licenses were made available as an option in South Korea in May.

Shine Li

Aug 13, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #SOUTH KOREA #BLOCKCHAIN DRIVING LICENSE #DRIVING #CARS #TRANSPORTATION #BTC #KOOKMIN BANK #CRYPTOCURRENCY #CRYPTO INDUSTRY #TECHNOLOGY #FINTECH

Press Release

Think Tank Releases Report on the Blockchain-Based Genetic Data Network

Think Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.

by dGen

Aug 11, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #RESEARCH #ARTICLE #EUROPE #FINTECH #2020 #NETWORK

Finance

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

Shine Li

Aug 11, 2020

| 3 Min Read

#FACEBOOK #FINTECH #TECHNOLOGY #FINANCE #COMMERCE #BUSINESS #PAYMENTS SYSTEM #FACEBOOK PAY #WHATSAPP #INSTAGRAM #MESSENGER #ZUCKERBERG

Interview

Benjamin Quinlan: New Chairman of FinTech Association of Hong Kong Shares Vision for FTAHK 2.0 and the Future of Asia's FinTech Ecosystem

The FinTech Association of Hong Kong has elected Benjamin Quinlan as Chairman to lead it through the next chapter of its mission to foster the FinTech ecosystem in Hong Kong and Asia.

Lucas Cacioli

Jul 31, 2020

| 4 Min Read

#BLOCKCHAIN #FINTECH #BENJAMIN QUINLAN #FTAHK #HONG KONG #CHAIRMAN #ASSOCIATION #ADOPTION #FUNDING #TALENT #GOVERNMENT #ECOSYSTEM

Asia

Will Hong Kong's Status as an International Digital Financial Hub be Affected by the National Security Law?

2020 has been quite a year for Hong Kong, marked by months of political unrest, the emergence of the coronavirus pandemic, and a sweeping new national security law that China imposed on the city. The national security law, unanimously passed by China’s ruling Communist Party, sets up against secession, subversion, terrorism, and collusion with foreign forces to endanger national security.

Sarah Tran

Jul 28, 2020

| 4 Min Read

#HONG KONG #FINTECH #TECHNOLOGY #FINANCIAL SERVICES #NATIONAL SECURITY LAW #CHINA

Asia

China’s Central Bank Reveals First Cohort of its FinTech Regulatory Sandbox Pilot

The Chinese central bank’s Shanghai headquarters has recently revealed the Shanghai FinTech Innovation regulatory sandbox application list. The People’s Bank of China’s (PBoC) Shanghai branch is currently soliciting opinions from the public on eight applications to be included in the FinTech innovation supervision pilot.

Sarah Tran

Jul 24, 2020

| 2 Min Read

#CHINA #PBOC #CENTRAL BANK #SHANGHAI #FINTECH #REGULATION #REGULATORY SANDBOX

Ethereum

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.

Shine Li

Jul 24, 2020

| 3 Min Read

#BLOCKCHAIN #BITCOIN #ETHEREUM #ETH #TESTNET #MAINNET #DEVNET #ALTONA #MEDALLA #GENESIS #CRYPTOCURRENCY #ECONOMY #CORONAVIRUS #FINTECH

Press Release

BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

While many institutions struggled to recover from the market downturn experienced in March, publicly-traded, blockchain-focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285 percent in Q2 2020, through well-timed investments in both bitcoin (BTC) and ether (ETH), and crossed the $1 million mark for cryptocurrency assets under management (AUM).

News Publisher

Jul 23, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #PRESS RELEASE #NEWS #BITCOIN #BTC #2020 #FINTECH

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