Regulatory Developments


CCP SUPERVISORY COMMITTEE CHAIR DELIVERS KEYNOTE SPEECH AT THE SECOND EACH CCP RISK MANAGEMENT SUMMIT Thursday 21 October 2021 14:32 The Chair of ESMA’s CCP Supervisory Committee, Klaus Löber, today delivered a keynote speech on the role of CCPs in supporting the safety and efficiency of global financial markets.   The second online EACH CCP Risk Management Summit … Read more


ESAs invite stakeholders’ input on PRIIPs review

ESAs invite stakeholders’ input on PRIIPs review Thursday 21 October 2021 11:59 The European Supervisory Authorities (ESAs) have opened today a call for evidence regarding the PRIIPs (Packaged retail and insurance-based investment products) Regulation. The input provided will feed into the ESAs’ technical advice to the European Commission on a review of the key information … Read more


Joint call for evidence on the European Commission mandate regarding the PRIIPs Regulation

Thursday 21 October 2021 11:59 The European Supervisory Authorities (ESAs) are consulting on a call for evidence regarding the PRIIPs (Packaged retail and insurance-based investment… Documents:  jc_2021_61_priips_call_for_evidence.pdf Closing date:  16/12/2021


Call for evidence on the European Commission mandate regarding the PRIIPs Regulation

Thursday 21 October 2021 11:59


Chopra delivers first words to CFPB staff, financial regulators

On the same day Rohit Chopra was sworn in as the director of the Consumer Financial Protection Bureau, he wrote a letter to his staff, the board of governors of the Federal Reserve System, board of directors of the Federal Deposit Insurance Corp., and members of the Financial Stability Oversight Council. In his letter, Chopra … Read more


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Cybersecurity, Data and AML/Sanctions

Connected Car Weekly: Verizon, Nissan Team on Road Safety Solutions; Tesla Rolls Out Insurance

This week provided at least three fresh examples of what can be done with the reams of data being generated by connected vehicles, including a new pairing between Verizon and Nissan North America’s Research and Advanced Engineering team. Under the agreement, the two companies have completed a research proof-of-concept demonstrating how sensor data from a vehicle and surrounding infrastructure can be processed through Verizon’s wireless network and communicated … Read more


What banks want most from young fintechs

The 44 large bank and insurance company partners of the Fintech Innovation Lab are inviting startups whose technology can help them manage cybersecurity threats as well as handle climate change metrics and other growing needs to join the lab’s next cohort. Read the full article at: The post What banks want most from young … Read more


Barclays streamlines compliance with Clausematch

Barclays has rolled out automated policy management and compliance technology from regtech Clausematch to 90,000 employees around the world.


Animoca Brands doubles valuation to $2.2B with new $65M funding round

Animoca has raised $65 million in its latest funding round, with more than 43.8 million of newly issued shares to be distributed to investors at a price of $1.51 per share. NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. … Read more


Australian Senate Committee Makes 12 Recommendations for Crypto Regulation

An Australian Senate Select Committee has submitted its final report on a year-long review of the country’s approach to crypto and blockchain regulation, seeking to guide, for the first time, a clear framework for the domestic digital assets sector. The committee on “Australia as a Technology and Financial Centre,” which submitted its initial report in … Read more


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JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher

Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish outlook for bitcoin into year-end.” … Read more


Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars

The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies. Thai Prime Minister Warns About Crypto Investing Ratchada Thanadirek, deputy spokeswoman for the … Read more


The NFT Magazine Project Plans to Drop a Periodical in the Form of an NFT on Ethereum

On November 2, a non-fungible token (NFT) magazine is coming to the Ethereum blockchain called “The NFT Magazine” — a periodical publication containing articles and illustrations in the form of an NFT. The project, promoted by Advtech IT Solutions, has partnered with members of the Zilliqa, Algorand, and Bitcoin Cash blockchain communities, alongside Art Rights, … Read more


Qoins Wants to Help You Pay Debt and it is Raising Growth Capital on Republic

Qoins, a Fintech that aims to help to you save money and pay debt faster, is raising growth capital on Republic. According to the offering page, Qoins is seeking up to $1.07 million in a CrowdSAFE with a valuation cap of $12 million. As it stands today, investors have committed to over $123,000 with plenty … Read more


Proshares’ Bitcoin ETF sees $1B in first day volume, BTC price hits new high, and Coinbase partners with NBA and WNBA: Hodler’s Digest, Oct. 17-23

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin officially hits new all-time high above $65K Bitcoin (BTC) … Read more


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Banking, Finance and Investment

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more


Podcast 321: Michele Alt of Klaros Group

Until recently virtually no fintech companies were interested in a bank charter. It was just back in 2016 that SoFi ran a Superbowl ad with the “Don’t Bank. SoFi” tagline. Now, they are looking to become a bank. Square and LendingClub have joined SoFi as approved banks (via different routes) and there are many applications … Read more


Plaid targets payments: Look out traditional credit

Thursday, Plaid launched what they called a “payment partner ecosystem,” a network of companies that will be using a Plaid-enabled “pay with bank” option at checkout. It is the open banking giant’s first move into the payments space, less than a year after the Justice Department killed the Visa/Plaid merger.  Instead of joining a major … Read more


With Ad Revenue at Stake, Facebook Has a User Numbers Problem

Facebook is figuring out what to do about users making multiple accounts on the social media giant’s platform, according to internal documents seen by The Wall Street Journal (WSJ) Thursday (Oct. 21). A presentation from the spring showed how the social media giant measures its audience, with a focus on the instances of users having … Read more


#TechFT: How safe are digital assets?

Since the first digital currencies were devised after the financial crisis, $2.3tn has been invested in them. But how do they, and other assets transacted on blockchain technology, actually work? And what risks do they pose? Read our explainers


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