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Harnessing Digitalization for Sustainable Economic Development: Insights for Asia
ADB | Dec 2021 Harnessing Digitalization for Sustainable Economic Development: Insights for Asia describes digitalization’s role in raising the productive capacities of economies. It examines
People’s Bank Of China 2022-25 Fintech Agenda Has Open Banking, Supervision, Regulation
PYMTS | Jan 10, 2022 On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims
3 regulatory headwinds facing UK financial services in 2022
FT Advisor | Victoria Hickman | Jan 5, 2022 Looking ahead to 2022, the financial services regulatory agenda seems to be dominated by three topics:
5 fintechs that closed UK operations in 2021
AltFi | Oliver Smith | Dec 30, 2021 It’s been another year of ups and downs and, while funding for fintechs has undoubtedly improved, we
CBDCs 2022: China first-mover advantage | Jamaica plans Q1 rollout
Crypto Slate | Ana Grabundzija | Jan 5, 2021 China’s central bank is rushing to finalize the country’s CBDC plans and releases trial versions of
Distributed ledger technology: member states endorse agreement reached with European Parliament
EU Council | Dec 22, 2021 EU ambassadors yesterday endorsed the provisional political agreement, reached on 24 November, between the Council Presidency and the European
3 regulatory headwinds facing UK financial services in 2022
FT Advisor | Victoria Hickman | Jan 5, 2022 Looking ahead to 2022, the financial services regulatory agenda seems to be dominated by three topics: first, environmental, social and governance themes, reflecting the importance of the financial sector to the
5 fintechs that closed UK operations in 2021
AltFi | Oliver Smith | Dec 30, 2021 It’s been another year of ups and downs and, while funding for fintechs has undoubtedly improved, we still said goodbye to some familiar names in the industry. Things weren’t quite as bad
CBDCs 2022: China first-mover advantage | Jamaica plans Q1 rollout
Crypto Slate | Ana Grabundzija | Jan 5, 2021 China’s central bank is rushing to finalize the country’s CBDC plans and releases trial versions of digital yuan wallet applications on mobile phone app stores. The People’s Bank of China (POBC)
Distributed ledger technology: member states endorse agreement reached with European Parliament
EU Council | Dec 22, 2021 EU ambassadors yesterday endorsed the provisional political agreement, reached on 24 November, between the Council Presidency and the European Parliament’s negotiators on a pilot regime for market infrastructures based on distributed ledger technology (DLT).
BlockBank Acquires Cryptocurrency Exchange License in El Salvador
BlockBank | Dec 23, 2021 Blockbank is excited to announce we have officially acquired a Central Reserve Bank Bitcoin license for use in El Salvador. AIDLT ES (BlockBank), a Salvadoran incorporated company owned solely by BlockBank, is authorized to operate
Red alert: UK watchdog escalates campaign against crypto adverts
City A.M. | Lily Russell-Jones | Dec 15, 2021 The UK’s advertising watchdog has raised the alarm over crypto banning ads by Coinbase, Kraken and eToro in a series of scathing judgements. The Advertising Standards Agency (ASA) labelled crypto adverts
How open banking is a game changer for sustainability
Tink | Apr 1, 2021 Open banking is proving to be a crucial tool in the fight to reduce carbon footprint and behave more sustainably – for individuals and businesses alike. By plugging open banking tech into digital services, people
Australian government gives nod to 6 world-leading crypto reforms
Cointelegraph | Brian Quarmby | Dec 8, 2021 The Australian government is seriously considering the rollout of a central bank digital currency (CBDC) and has backed numerous forward-looking regulatory crypto proposals as part of a new “payments and crypto reform
FCA to use assertive supervision for new Consumer Duty expected to shift industry’s mindset
FCA | Release | Dec 12, 2021 New plans from the Financial Conduct Authority will ensure a higher and more consistent standard of consumer protection for users of financial services and help to stop harm before it happens. The FCA
India rolls out 5 year roadmap for National Blockchain Strategy
Ledger Insights | Dec 6, 2021 Last week, India’s Ministry of Electronics & Information Technology (MeitY) published its National Strategy on Blockchain. The five-year roadmap includes rolling out a National Blockchain Framework and a distributed Blockchain as a Service (BaaS)
Canada Partners with the European Commission to Examine Use of Digital Credentials
McMillan | Robbie Grant, Kristen Pennington | Dec 7, 2021 With an increasing number of human interactions taking place in the digital world, there is a growing need for efficient and secure digital services. To that end, Innovation, Science and
New ‘purpose-built’ $1bn UK clearing bank launches in London
City AM | Amy O’Brien | Nov 30, 2021 London gets its second new clearing bank in 250 years today, as The Bank of London launches in the city to approve and process cross-border payments. Founded by Anthony Watson, a
CMA hosts first two-day digital summit of G7 competition heads
UK Competition Markets Authority | Nov 29, 2021 The CMA is today hosting the first dedicated 2-day summit with the heads of the G7 competition authorities to discuss cooperation across digital markets. The Competition and Markets Authority (CMA) will today
Europe agrees on regulation of distributed ledger technology pilot regime
European Parliament | Nov 24, 2021 The pilot regime agreed with the Council should help the financial sector to use transformative technologies while protecting investors and financial stability. The project based on distributed ledger technology (DLT) follows the ‘sandbox’ approach,
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India rolls out 5 year roadmap for National Blockchain Strategy
Canada Partners with the European Commission to Examine Use of Digital Credentials
New ‘purpose-built’ $1bn UK clearing bank launches in London
CMA hosts first two-day digital summit of G7 competition heads
