Tag: regulation
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Clear Junction joins UK Cryptoasset Business Council
Clear Junction, a leading London-based payment infrastructure provider, has announced its membership in the UK Cryptoasset Business Council. The Council, established by the trade association CryptoUK, aims to champion best practices in the cryptoasset industry and foster collaboration between businesses, regulators, and policymakers. As a member of the UK Cryptoasset Business Council, Clear Junction…
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Enfuce secures an EMI licence in the UK
Enfuce, a leading fintech company based in Finland, has recently announced that it has secured an EMI licence in the UK. This marks a significant milestone for the company as it continues to expand its presence in the European market. An EMI licence, which stands for Electronic Money Institution licence, allows companies like Enfuce to…
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BNPL regulation could contribute to consolidation: Moody’s analysts
In recent years, buy now, pay later (BNPL) services have experienced significant growth, attracting both consumers and investors alike. However, as the industry expands, so does the need for greater regulation. Moody’s analysts suggest that the impending regulatory changes in the BNPL space could potentially lead to industry consolidation. The BNPL market is characterized by…
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Apple’s payments regulation woes mount
In recent years, Apple Inc. has been facing increasing challenges related to payments regulation around the world. As the company’s digital payments services continue to gain popularity and expand globally, it finds itself entangled in various legal battles and regulatory hurdles. One of the notable issues Apple is grappling with is the strict regulatory landscape…
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Qatar Central Bank issues the Loan-Based Crowdfunding Regulation
Qatar Central Bank recently announced the implementation of the Loan-Based Crowdfunding Regulation in an effort to stimulate financial innovation while ensuring investor protection. This move comes as part of Qatar’s ongoing efforts to diversify its economy and boost the growth of small and medium-sized enterprises (SMEs). Key Highlights of the Regulation: 1. Investor Safeguards: The…