Regulatory

Regulations Hurt Vietnam Digital Payments Growth

Vietnam wants to be a cashless society, according to a report in Financial Times, but bank regulations are hindering the country’s ability to do so. The problem isn’t a lack of investment in the sector, or cash flow to grow market share for companies in the field – it’s the restrictive rules on e-wallets created […]

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Cybercurrencies and the Need for Regulation

Anyone with a pulse and the money to cover legal fees can issue a cybercurrency. Once the cybercurrency is created, however, brokers are needed to sell and make a market for it. Given cybercurrencies are an unregulated market, then there are few concerns over how much commission is paid to the broker.

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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele

Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses.

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8 Regulations That Could Shape Fintech in Asia This Year – Fintech Singapore

Asia Pacific regions are somewhat disjointed when it comes to banking and fintech-related regulations, with countries like China moving towards more region-specific and refined rules, while countries like Thailand and Indonesia are still trying to introduce basic, yet important regulations to help the financial tech segment grow while keeping custo.

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Government Shutdown; Credit Card Growth Opportunity?

A government shutdown will directly impact close to 1 million workers and another 3 million dependents, according to the Washington Post. Affected payrolls are $1.4 billion a week.

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Crypto Payment Company SpectroCoin Receives Licences in Estonia

SpectroCoin, a bitcoin and cryptocurrency payment company has announced it now officially holds so-called crypto licenses for Providing services of exchanging a virtual currency against a fiat currency and Providing a virtual currency wallet service in Estonia.

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RBI Releases Guidelines for Electronic Card Payments

The Reserve Bank of India has released guidelines for what it calls the “tokenization” of debit and credit card transactions, according to reports. Tokenization will replace card details with a code, called a “token,” which will be specifically for the card, the token requestor and the device being used to pay.

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Blockchain’s Role in the Enterprise in 2019

PHOTO: Annie Spratt Blockchain was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. Blockchain has slowly gained traction in the enterprise since its emergence 10 years ago. In fact, late last year we saw digital workplaces using blockchain to share data and collaborate securely.

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New York Launches Cryptocurrency Task Force

The US state of New York has launched a cryptocurrency task force, which will study and prepare report to better regulate, define and use cryptocurrency. Recently, the New York State governor Andrew Cuomo has approved a new law, The Digital Currency Study Bill.

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Another Push for Colorado Blockchain Law Has More Than Token Support

In one of the more dramatic endings during the last legislative session, a bill aimed at putting Colorado at the forefront of blockchain policy passed by a single vote. But, moments later, it failed after some lawmakers changed their minds. The words blockchain and cryptocurrency often cause eyes to glaze and confusion to abound.

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Balancing Security & Convenience for Payment

Strong customer authentication using biometrics is now part of the day-to-day. From ‘selfie’ authentication to voice recognition, fingerprint through to iris, our bodies have a range of unique ‘modalities’ that can be measured, each with benefits and drawbacks as authentication methods.

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Online Advertisers Embrace Blockchain to Fight Fraud

IBM Corp., Toyota Corp., and a growing number of startups are using blockchains to try to crack down on online advertising fraud. The complexity of online advertising and the struggle to track ad spending has allowed fraudsters to avoid being caught, attorneys told Bloomberg Law.

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