When LendingClub’s founder and then CEO Renaud Laplanche testified before congress in December 2013 he was asked what the federal...
Earned wage access regulation rolls out, and it seems headed for complications. States differ in their definition of the sector.
Cryptocurrency regulation has been embedded into broader financial technology regulation or postponed in a "wait and see" approach.
Ripple CEO Brad Garlinghouse said the SEC could no longer push the crypto industry around if the invasion was to move forward.
Varo is inching closer to becoming a fully regulated digital bank; they have closed a new funding round, a $241...
Cleaver stated, “If we fail to act on fintech, we are setting ourselves up for problems down the road. Not because the fintech folks are evil…but because we are behind the curve.”; Cleaver also discussed the importance of understanding what is going on in fintech so the proper safeguards can be put in place; he proposed that fintech companies should speak before the Financial Services Committee and that more meetings should be held. Source
The Federal Home Loan Banks have been around since 1932 but their mission has changed from support for affordable housing to liquidity provider for banks. This has had a profound impact on the financial system.
Brazil has established its central bank as the primary regulator of the crypto economy, potentially a first step toward broader regulation.
The DeFi regulatory landscape is experiencing a shift, and it seems, no-one is safe. Compliance is becoming ever more challenging.
