Fintech Regulators — Look South Where Mexico Shows How To Do It
#Mexico is the second country, after the UK FCA, to introduce regulation to support #fintech firms, including sandboxes which state #regulators in the U.S. deride.
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South Korea’s Crackdown on Cryptocurrency Influences Drop in Bitcoin Price
#South Korea today said it would allow regulators to close virtual currency exchanges as well as ban all anonymous digital currency accounts as part of one of the many measures it has outlined to crack down on digital trading. The announcement likely contributed to the #price of the best known #cryptocurrency, #bitcoin (BTC) to #drop […]
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South Korea Bans All ICOs
Following in China’s footsteps, #South #Korea has banned all #ICOs. In an announcement released today, South Korea’s Financial Service Commission stated that tighter control over cryptocurrencies is necessary, as ICOs are increasing the risk of financial scams. It also announced that businesses issuing ICOs will face “stern penalties.” Exactly what these “stern penalties” will entail […]
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South America’s Biggest Stock Exchange Joins R3 Blockchain Consortium
The #biggest name in Latin #America’s securities #exchange trade is gearing up to explore #blockchain.
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South African Central Bank ‘Open’ to Blockchain and Cryptocurrency
#South Africa’s #central #bank is “#open” to cryptocurrencies and #blockchain, according to new statements from its governor.
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Blockchain Trials Accelerate as South America Sees Ethereum Uptake
#Ethereum-focused startup ConsenSys is making inroads bringing the #blockchain to #South #America.
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Wine Box Miners to Whatsapp: How South Africa’s Banks Are Going DIY to Test Ethereum’s Blockchain
A team of six #South African #banks is now conducting experiments with #ethereum’s #blockchain, a process that was bootstrapped by #Whatsapp.
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South African Bank Joins R3 Blockchain Consortium
One of #South Africa’s largest #banks has joined the global #blockchain #consortium led by R3CEV.
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