US Commodities Regulator CFTC Issues Smart Contracts Primer, Outlines Benefits and Risks

The U.S. Commodity Futures Trading Commission (CFTC)’s fintech innovation hub LabCFTC has issued a Primer on Smart Contracts, according to an official announcement Nov. 27. The primer is LabCFTC’s second fintech-educational publication, the first being its October 2017 primer on…

Singapore: Regulator Plans to Smooth Over Banking Ties With Crypto Businesses

The head of Singapore’s financial regulator and de facto central bank said he wants to “bring together” banks and crypto businesses after complaints about banking support, Bloomberg reports Wednesday, Oct. 10. Speaking in an interview, Monetary Authority of Singapore (MAS)…

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…

Japanese Regulator Grants SBI Ripple Asia a Payments License for Blockchain-based App

Financial services company SBI Holdings announced it had secured a license from Japanese regulators for its joint money transfer operation with Ripple in a statement Wednesday, September 26. SBI Ripple Asia, a venture under development with Ripple since 2017, now…