Tag "regulation"

27 Non-Bank Organizations Licensed To Provide Payment Services In Vietnam: The Complete List

In December 2014, the State Bank of Vietnam (SBV) issued the Circular No. 39/2014/TT-NHNN which sets a series of rules banks and non-bank organizations in Vietnam must follow in order to be permitted to offer intermediary payment services such as

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The State of ICO Regulation Around The World: An Update

Initial coin offerings (ICOs) have been all the rage these past years raising an estimated US$4 billion globally. An increasing number of startups, in the blockchain space and beyond, are opting for the novel fundraising method instead of traditional venture

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The State of ICOs Around The World

We all know what China thinks of ICOs and Cryptocurrency – the country pretty much banned it all, outright. To catch up, read What the heck is happening with China, ICOs and Cryptocurrencies? While some say it’s reasonable and necessary,  it

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Experts, Regulators Warn Of Risks Associated With ICOs, Token Sales

Initial coin offerings (ICOs) have become a popular way for tech startups to raise funding and a lucrative investment opportunity for investors. Yet, regulators are warning the public about the risks associated with ICOs and cryptocurrencies, reminding investors that scams

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Bitcoin Remittances Book Highlights Growing Traction in Asia

Remittances has long been recognized as one of Bitcoin’s most obvious use cases. Sending money from one Bitcoin wallet to another is about as easy as sending an email. The impact on the 230 million migrants sending $430 billion in

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Opening Shot For International Regulation For The Fintech Industry

There is a Chinese saying that roughly translates to ‘A Tall Tree Catches The Wind’ (树大招风) and this is an adept saying for the Fintech industry. The fintech industry had grown from its nascent stage in 2005 and it is

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Vietnam To Regulate Digital Currencies / new Bitcoin ATMs

Vietnam is working on a regulatory framework for virtual properties, electronic money and virtual currencies like bitcoin amid concerns of their use in illegal activities. A report by local media outlet VNEconomy says that the government is looking to take

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MAS Unveils New Moves To Boost Fintech Sector in Singapore

The Monetary Authority of Singapore (MAS) has announced a series of moves to boost fintech development in the city-state and strengthen ties with other Asian countries. This came shortly after MAS wrapped up its inaugural Singapore Fintech Festival, during which the

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Singapore’s Crowdfunding Scene

In Asia, crowdfunding is still relatively new and in early stages of development when compared with the likes of Europe or North America. In Singapore, however, crowdfunding appears to have taken off, becoming a popular way for entrepreneurs to raise

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Industry Stakeholders Team Up To Boost Malaysia’s Fintech Sector

A new association has been formed earlier this month in Malaysia to represent the fintech scene and push the country into becoming a leading hub. This followed a set of initiatives that have been launched in Malaysia in recent months

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