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Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!

ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns

ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns

Ralph Hamers, the CEO of ING, warned that Facebook's relationships with banks will probably be cut off due to its inability to address Libra regulatory issues, especially the money-laundering fears.

Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools

Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools

IOHK CEO Charles Hoskinson recently introduced Cardano’s delegation portfolios and hardware updates for Cardano in a recent YouTube video.

Chinese Banks Clarify on Crypto Account Freezing Despite Alipay’s Crypto Ban Last Year

Chinese Banks Clarify on Crypto Account Freezing Despite Alipay’s Crypto Ban Last Year

China’s banks were rumored to be freezing client accounts that have a history associated with the buying and selling of cryptocurrencies. However, according to a recent report, Chinese banks have clarified that this is not the case, and they are not shutting down any legal fiat to crypto accounts.

BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network

BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network

The Marco Polo Network announced a new strategic partnership with the Bank of New York Mellon (BNY Mellon) to create a vast financial atmosphere that will ensure economic as well as trade growth, making BNY Mellon a member of the top network of financial institutions which leverage blockchain technology for trade finance.

Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform

Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform

Dubai’s Department of Economic Development has announced its move to a Unified Business Registry Platform (UBRP). The UBRP is hosted on the innovative Blockchain Platform as a Service (BPaaS) of Dubai Pulse which is a joint initiative of Smart Dubai and du.

LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

For diversity in the application of blockchain, LG’s IT solutions affiliate, LG CNS, and Kakao’s blockchain subsidiary, Ground X are in partnership

Russian Hacker Sentenced to 5 years of Prison for Money Laundering, Cybercrimes, and Extortion

Russian Hacker Sentenced to 5 years of Prison for Money Laundering, Cybercrimes, and Extortion

Russian Hacker Alexander Vinnik has been sentenced to 5 years imprisonment by a Parisian court. The judgment may be appealed as noted by Vinnik's lawyer.

Facebook’s Libra Developers Release Initial Roadmap

Facebook’s Libra Developers Release Initial Roadmap

The developers behind Facebook’s cryptocurrency project Libra have released their initial roadmap outlining the milestones they plan to achieve prior to the mainnet launch of the Libra blockchain.

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance, the leading cryptocurrency exchange has announced that it will launch a regulated crypto trading platform in the UK, in the coming months. Binance.UK is planning to create a trading platform to allow retail and institutional investors to sell and buy cryptocurrencies using euros and pounds.

Bitfinex and Tether's Appeal Rejected by New York Judge

Bitfinex and Tether's Appeal Rejected by New York Judge

Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.

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