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Tag: Politics, Legal & Regulation

CBILS and Bounce Back Loan Data Dashboard Launched by Rangewell

Rangewell, a business finance firm that assists SMEs in accessing capital, has launched a dashboards tracking the Coronavirus Business Interruption Loan Scheme (CBILS)...

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Retroactive Pay-to-Play Coming to a Venture Theater Near You

Buried in the model Series A Certificate of Incorporation of the National Venture Capital Association is the following notation: This Amended and Restated...

Japan to Ease Investment Rules to Make it Easier for Banks to Invest in Fintech Firms

Japan is reportedly planning to ease its investment rules and requirements, in order to make it more convenient for banks to invest in...

Telegram to Hand Over Official Communications, Financial Statements, and Other Info Related to its Allegedly Unlawful ICO to SEC

Encrypted messaging service provider Telegram says it will be handing over official communications, bank records and other relevant information to the US Securities...

Alleged Cryptocurrency Thief is a Suburban New York High School Senior, Terpin Sues to Get Money Back

Michael Terpin has sued 18-year old Ellis Pinsky, a high school senior living in the posh New York City suburb of Irvington...

Regtech: Blockchain Security Firm CoolBitX Presents Findings of Sygna Bridge’s Production Report to FATF Contact Group

CoolBitX, a blockchain security firm that’s developing the infrastructure needed to bridge the gap between the mainstream financial market and cryptocurrency sector, recently...

Second Round of Paycheck Protection Program Registers $185 Billion in Approvals, Average Loan Size of $74,304

The Small Business Administration (SBA) has provided some interesting data regarding the Paycheck Protection Program (PPP), part of the CARES Act; the COVID-19...

Coalition of International Blockchain Groups Agrees to Standard to Comply with FATF Travel Rule for VASPs

The Financial Action Task Force (FATF), the global anti-money laundering and terrorist financing organization, posted requirements for virtual asset service providers or VASPs...

UAE’s Authorities Request Financial Service Providers to Use Latest Fintech and Regtech to Help Follow AML Guidelines During COVID-19 Outbreak

The United Arab Emirates’ (UAE) top regulatory authorities have asked local businesses to leverage the latest Fintech solutions to counter anti-money laundering (AML)...

Chinese Authorities Continue to Recognize Bitcoin (BTC) as A Digital Asset Entitled to Protection Under the Law in Latest Court Case

The Shanghai No. 1 Intermediate People’s Court made a public announcement on May 6, 2020, about an appeal involving a Bitcoin (BTC) foreign...

CFTC Files Charges in $20 Million Digital Asset & Binary Option Scam

The Commodity Futures Trading Commission (CFTC) has filed charges against Daniel Fingerhut, Tal Valariola and Itay Barak and companies they controlled pertaining to...

Canada Postpones its Upcoming Open Banking Review Meeting Due to COVID-19 Outbreak

Canada has decided to postpone its upcoming Open Banking review due to the COVID-19 outbreak. The Canadian government-led Open Banking policy review was scheduled...

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