Skip to content

Tag: regulation

The next crusade by Falciani, the HSBC filtering: a clean cryptocurrency

One of the most wanted financial whistleblowers, the Frenchman Hervé Falciani, has chosen new unusual weapons to fight against money laundering and fraud, a cryptocurrency and the blockchain technology on which it is based. This former HSBC systems engineer managed with his leaks to activate several investigations for tax evasion…

Leave a Comment

Towards the integration of financial entities and fintech companies

The Ministry of Finance, through the Financial Regulation Unit (URF), once again took a step forward to deepen the integration of the traditional financial sector and the fintech industry (financial technology companies), allowing credit institutions, financial services companies, and capitalization companies, the acquisition of shares or quotas in Fintech companies.…

Leave a Comment

Strong regulations are coming for new technologies in Fintech

Ewald Nowotny is open to new technologies in the financial sector, but warns for strong regulation. “New technologies can support but not replace financial institutions, and it is important to remember that financial institutions guarantee stability,” said the head of the National Bank on Monday at the opening of an…

Leave a Comment

These are the reasons why China goes ahead of the West in Fintech

n China, people use apps like Alipay or WeChat from their smartphones to split accounts into restaurants, invest their salaries with a single click and pay for services. A change in financial lives “Alipay, of Ant Financial, and WeChat, of Tencent, are unique windows that allow half a billion Chinese…

Leave a Comment

Blockchain and crypto in 2019: What are the odds?

A personal talk with Cornelia Stengel. Your personal conclusion to the blockchain year 2018? As far as the legal and regulatory side is concerned, the blockchain year 2018 in Switzerland focused on the analysis and classification of new business models and activities based on distributed ledger systems. For example, the…

Leave a Comment

Cryptocurrency Regulations in Mexico. Should they be reconsidered?

According to the organization, four circulars published by the Central Bank of Mexico, following the Fintech law, “establish current and potential barriers in the financial market.” The Blockchain Mexico Association, which was formed last year, publicly presented its position against circulars 10/2018, 11/2018, 17/2018 and 18/2018 of July and December…

Leave a Comment

A look at the regulation of cryptocurrencies in Latin America

Although there is no global consensus on the regulation of cryptocurrencies, the increase in their use among a growing public is forcing governments around the world to turn their attention to the issue. This interest in the movements of the cryptocurrencies ecosystem adds up to an increasing number of regulatory…

Leave a Comment