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Regtech And Suptech: Laws Are New Gold
Forecasts   |   17.05.19  |  

The application of IT in finance became possible due to fintech. Regtech and suptech are even more specialized IT areas in the area of monitoring of compliance with laws and regulations The growth of computing power of PCs, the widespread distribution of data networks, the increase in information volumes and the emergence of tools for working with it led to the emergence of information technologies (IT). The use of IT in ...

A Quick Guide For Bitcoin ATMs: How, Where, What’s Next
Guest-posts   |   14.05.19  |  

Bitcoin ATMs are some of the easiest ways to buy bitcoin. Their numbers and locations are growing as BTC starts to get accepted more around the world. Learn more about them Bitcoin ATMs are some of the easiest ways to buy bitcoin. Their numbers and locations are slowly growing as bitcoin starts to get accepted more around the world. If you don’t know what it is, it’s a kiosk that allows a person to purchase bitcoin by using cash or a debit card. There are two main kinds of bitcoin machines: bitcoin...

Avant-garde Fintech And Traditional Banks in Italy: War or Truce?
Italy   |   16.04.19  |  

... since the most flexible and dynamic banking structures preferred to cooperate. However, according to their management, the Italian Banking Association that regulates the banking market, looks at them with suspicion, stating that fintech needs strict regulation since this sphere cannot remain the “Wild West”. Alberto Dalmasso believes that the motivation for this position is that bankers view FinTech as a successful competitor who threatens 300 thousand jobs in the banking sector. The threat is ...

Christine Lagarde: “Cryptocurrencies Clearly Shake The World”
Legislation   |   11.04.19  |  

Managing Director of the International Monetary Fund warned of the need for tighter regulation of digital assets In a recent interview with CNBC , the head of the IMF, Christine Lagarde , said that distributed ledger technologies really have great value, and cryptocurrencies really have an impact on the financial sector and even ...

US House of Representatives Introduces New Version Of Token Taxonomy Act
Legislation   |   10.04.19  |  

... amending the Securities Acts of 1933 and 1934. The press release notes that the new version of the bill differs from the one that was proposed last year. It states that preemption provisions were included the Act that would supercede “heavy-handed” regulations like New York’s “onerous” BitLicense. The law also provides for the introduction of regulatory certainty for enterprises and regulators in the U.S. blockchain industry, as well as clarifying conflicting state initiatives and regulatory ...

European Commission’s INATBA Starts Its Work
Legislation   |   03.04.19  |  

Largest crypto players have joined the association, including Ripple, IOTA, Cardano, Lisk, ConsenSys, Ledger and R3, as well as other participants of the financial market International Association for Trusted Blockchain Applications (INATBA) is officially launched today, on April 3. A live broadcast from the event is available on YouTube. The association was joined by several major players in the cryptocurrency space, including Ripple, IOTA, Cardano, Lisk, ConsenSys, Ledger and R3. In addition...

A Fascinating Year Gains Momentum: Bitnewstoday Confirms!
News   |   06.03.19  |  

... business life, are wrong after all. Bitnewstoday follows the news in the blockchain and FinTech industry and feels the activity is on. It seems that the winter forced businessmen and officials to move intensively — you need to warm up somehow. Laws, regulation, Wyoming, SEC, ETF Since the beginning of the year, BNT editors paid attention twice to the American state of Wyoming. The first time was when Marc Gordon, the new governor, gave a speech during the inauguration, praised the successes of blockchain ...

Italian Government Develops Blockchain Platform To Oppose E-Commerce Giants
Blockchain   |   27.02.19  |  

The Italian authorities intend to bring the entire network trade under full control. The goal of the project is to initiate competition with e-Commerce giants — primarily Amazon, Alibaba and eBay The Italian government is developing a map of e-Commerce websites using a blockchain-based algorithm system. The new platform should become a kind of universal database for tracking trade flows, including import channels via the Internet. The idea belongs to the leaders of the yellow-green government coalition...

The Era After ICOs: How Does The Future Of STOs Look Like
Forecasts   |   26.02.19  |  

... Solution for 2019 Security Token Offerings provide a minimum level of protection to investor funds — this is mainly due to the regulatory requirements and compliance needed for such offerings to take place. Although part of the community sees such regulations as a burden on entrepreneurs, the truth is that ICOs have proven to be a colossal failure due to the lack of such regulations. When virtually any individual in the world can raise tens of millions just for a promise which has been made on ...

Wyoming’s new bill guarantees legal protection for cryptocurrency owners
Legislation   |   15.02.19  |  

Thу state became the first jurisdiction in the US to extend property rights to cryptocurrency The SF0125 bill, which passed the second and the third readings in the Senate of Wyoming, is now waiting for Governor Mark Gordon’s signing and is expected to enter into force next week. The new legislation provides residents of the state owning cryptocurrencies and tokens with the full legal protection of private property in relation to these assets. The publication of the law will probably cause a large-scale...


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