China central bank vows stronger fintech regulations
By FintechNews staff
-Advancements in artificial intelligence (AI), cloud computing, big data, blockchain and e-commerce have come at the cost of personal data protection, as financial institutions adopt fintech, said the Chinese...
India announces bill to ban cryptocurrencies
By FintechNews staff
-The government is set to introduce a bill to ban private cryptocurrencies and create a framework for an official digital currency to...
US regulators order banks to report cyber-attacks within 36 hours
By FintechNews staff
-Federal agencies approve cyber-attack rules for US banking system.
-The Office of the Comptroller of the Currency (OCC), Board, and the FDIC have...
Open Banking: 518 TTPs are aproapproved to provide services across the EU and UK...
By FintechNews staff
Summary:
-Research from Q3 of 2021 revealed that 21 new TPPs were approved to provide services across the EU and UK between 1st...
China files three times as many blockchain related patents than USA
By FintechNews Staff
Summary:
-A new data report shows there were about 55,000 blockchain-related patents applications filed between the beginning of 2015 to June 2021.
-China so...
China’s fintech innovation boosts real economy
The 2021 Annual Conference of Financial Street Forum, which concluded in Beijing on Friday, highlighted the importance of fintech innovation to serving the high-quality...
Cryptocurrency poses risks, opportunities for US public finance
A limited number of US public finance issuers are encouraging cryptocurrency (crypto) ventures and exploring the use of crypto as a form of exchange...
As the almost-billion-dollar esports betting industry expands, companies are seeing green beyond early-stage challenges
The COVID-19 pandemic has jump-started a period of growth for the esports betting industry, and companies in the space are working to address the...
Regulation doesn’t pose ‘existential threat to crypto’: Blockchain Association head
Regulators around the world have been cracking down on cryptocurrency trading, and exchange operators have been retrenching.
Binance said on Monday that users in Singapore won’t...
What crypto investors need to know about DeFi
Decentralized finance is an umbrella term for a host of activities that cut the middleman out of traditional financial services like banking. It encompasses loans,...
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As decentralized finance (DeFi) continues to gain traction, promising a new frontier in financial services,...