Swiss Fintech License Allows Blockchain, Crypto Firms to Accept $100 Mln in Public Funds

The Swiss Financial Market Supervisory Authority (FINMA) has released guidelines for their new “FinTech” license, according to a FINMA official press release released Dec. 3 The Swiss financial regulator revealed that license pursuants, which can be blockchain-related and crypto-related firms,…

Ten Blockchain, Fintech Firms Launch Association to Make ‘Code of Conduct’ for Crypto

Ten financial and tech firms have established an Association for Digital Asset Markets (ADAM) to create a “code of conduct” for the cryptocurrency sector. The launch was announced in a press release published Nov. 27. Among ADAM’s founding members are…

EU Financial Regulator Budgets Over 1 Mln Euro for FinTech and Crypto Supervision

The European Securities and Markets Authority (ESMA) has budgeted over 1 million euro for monitoring fintech and crypto assets, according to a document published Oct. 4. Founded in 2011 in Paris, the ESMA has an objective to develop a uniform…

Fintech Investor Ribbit Capital Sets $420 Million Goal for Its Latest Fund

U.S.-based venture capital firm Ribbit Capital, the portfolio of which includes notable cryptocurrency and blockchain projects, is aiming to raise $420 million for its latest fund, according to an SEC filing dated September 12. The fund will reportedly be the…

Unconfirmed: UAE Preparing to Adopt Formal ICO, Fintech Regulations, Local Media Report

The United Arab Emirates (UAE) has approved a draft of regulations governing Initial Coin Offerings (ICO), local media outlet WAM reported Sunday, September 9 citing government sources. The reported move comes in addition to lawmakers in the country adopting plans…

Hong Kong Extends Migrant Policy to Facilitate DLT and FinTech Professionals

A new Hong Kong government initiative seeks to attract professionals in Distributed Ledger Technology (DLT) by simplifying the immigration policy, according to a press release published August 28. On Thursday, the government of Hong Kong published its first Talent List…