Chinese City of Chengdu, a Major Financial Hub, Now Added to Nation’s Fintech Innovation Pilot Programs

July 21, 2020 @ 10:34 pm By Omar Faridi |

The People’s Bank of China (PBoC), the nation’s central bank that’s also tasked with managing monetary policy and the regulation of financial institutions in mainland China, has reportedly added Chengdu, the capital of the Sichuan province, to its list of approved regions for conducting Fintech… Read More

Read more in: Asia, Fintech | Tagged chengdu, china, fintech adoption, regulatory sandbox, sichuan

Florida Governor Ron DeSantis Signs HB 1391, the State Now Welcomes Fintech Firms via its Regulatory Sandbox Program

July 5, 2020 @ 1:35 pm By Omar Faridi |

Ron DeSantis, the 46th Governor of the US state of Florida, noted on July 2, 2020, that with the signing of HB 1391, Florida now welcomes Fintech firms that aim to “disrupt the status quo and gives them an opportunity to provide new types of… Read More

Israel Is Reportedly Preparing to Finally Roll Out its Fintech Regulatory Sandbox Program, which is Part of Proposals in New Arrangements Law

July 1, 2020 @ 12:02 pm By Omar Faridi |

Israel is reportedly getting ready to launch a Fintech regulatory sandbox, in order to make it easier for local financial technology startups to test out new products and services. The Arrangements Law that the nation’s Treasury will be presenting to the cabinet will include rules… Read More

Securities and Exchange Board of India Launches Regulatory Sandbox for Fintech Firms

February 17, 2020 @ 10:36 pm By Omar Faridi |

India’s financial technology sector is expanding rapidly, which has led to SEBI, the nation’s financial market regulator, to launch a regulatory sandbox. The sandbox program will assist local Fintech firms with testing out new products and services with a small group of users before introducing… Read More

Fintech: The Reserve Bank of India Posts Framework for Regulatory Sandbox

August 20, 2019 @ 8:51 am By JD Alois |

The Reserve Bank of India (RBI) has published the final “Enabling Framework for Regulatory Sandbox,” as it joins a growing legion of government entities seeking to facilitate Fintech innovation in a compliant manner. The draft Framework for the Regulatory Sandbox (RS) was published in April… Read More

TokenMarket Receives Approval From FCA to Run Security Token Offering in Regulatory Sandbox

June 10, 2019 @ 3:48 pm By Samantha Hurst |

TokenMarket, a UK-based global investment platform, announced on Monday it has received approval from the FCA to run its Security Token Offering (STO) in the regulatory sandbox. According to TokenMarket, the offering is being conducted under existing UK crowdfunding rules, allow for up to €8 million… Read More