Tagged: sandbox

July 27, 2023 @ 8:00 am By JD Alois  |  

Digital security platform Securitize will become the first entity to enable tokenized securities in the European Union – as well as the US. Securitize has been approved for tokenized assets under an EU pilot regime. The company holds security licenses in both the US and… Read More

March 10, 2023 @ 8:26 am By Omar Faridi  |  

Swift announced further progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value” in the API-based CBDC connector after a comprehensive review. The cooperative “published the findings of the 12-week period… Read More

July 22, 2022 @ 4:31 pm By Omar Faridi  |  

FinTech North is announcing a partnership with digital sandbox provider NayaOne, which will see the two organizations build a marketplace for Northern Fintechs “to showcase their capabilities, access datasets and test ideas.” The platform, which is set to launch this summer, will “provide an exclusive… Read More

June 27, 2022 @ 8:47 am By JD Alois  |  

Securitize, a security token issuance platform and digital security trading market, has announced its expansion into Europe. Securitize has been approved by the Spanish General Secretariat of the Treasury and International Finance to enter its experimental program or Fintech sandbox where Securitize will serve a… Read More

January 12, 2022 @ 11:05 am By Tony Zerucha  |  

ADDX, a Singapore-based firm, is making private market investing available to many wealthy investors who were previously excluded from the opportunity. There is strong demand for the service, Oi-Yee Choo ADDX chief commercial officer said. Choo brings two decades of capital raising and mergers and… Read More

September 11, 2021 @ 12:03 am By Tony Zerucha  |  

Blockchain technology firm CoreLedger this week added a pair of industry veterans to its advisory board. David Ishag is the CEO of Beaurivage Finance SA, a Swiss wealth management company providing portfolio management, investment advisory and family office services. He has more than three decades… Read More

August 15, 2020 @ 2:04 pm By Omar Faridi  |  

Barclays-backed Fintech, Crowdz, which serves as a financing marketplace that allows SMBs to sell unpaid invoices for cash, has teamed up with Edward Altman‘s latest project, Wiserfunding, a business credit score provider. As mentioned in an update shared with Crowdfund Insider: “As Silicon Valley’s Crowdz… Read More

June 19, 2020 @ 10:50 am By JD Alois  |  

A new private securities exchange, Hg Exchange, has joined the Monetary Authority of Singapore’s (MAS) Fintech Sandbox. Hg Exchange’s tenure at the Fintech Sandbox begins on June 22, 2020, and is scheduled to last until December of this year. Hg Exchange will offer 24/7 trading… Read More

May 23, 2020 @ 1:18 pm By Omar Faridi  |  

Fintech firm Credit Kudos, the “challenger credit bureau,” has teamed up with Big Four auditing firm PricewaterhouseCoopers (PwC), in order to launch a digital banking “ecosystem sandbox.” Credit Kudos is regulated by the UK’s Financial Conduct Authority (FCA). It aims to provide a different and… Read More

March 19, 2020 @ 7:47 pm By Omar Faridi  |  

The government of Hawaii has introduced a new regulatory sandbox program for cryptocurrency-focused companies. The US state announced on March 17, 2020 that it has set up a “Digital Currency Innovation Lab,” which is reportedly a two-year program that allows cryptocurrency token issuers to conduct… Read More

February 13, 2020 @ 5:57 am By Omar Faridi  |  

The Australian government passed the Treasury Laws Amendment (2018 Measures No. 2) Bill 2019 on February 10, 2020. The bill has been introduced in order to extend the overall scope and time period Fintech firms may spend on the country’s current framework. Updating the existing… Read More

July 19, 2019 @ 11:53 am By JD Alois  |  

TokenMarket, part of the UK Financial Conduct Authority Sandbox program, is scheduled to close its own security token offering (STO) this coming Monday (July 22nd). TokenMarket launched its STO in early July seeking a max amount of £2 million. As it stands today, TokenMarket has… Read More

July 14, 2019 @ 9:48 pm By Samantha Hurst  |  

State of Utah Department of Commerce announced earlier this month it is launching a regulatory sandbox specifically for fintech startups in the state. According to Francine A. Giani, Executive Director of the Utah Department of Commerce and Utah Representative Marc Roberts (R-Provo), the government service… Read More

June 28, 2019 @ 9:34 am By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has introduced a new Fintech license and a “revision” of the provisions related to their Fintech sandbox ecosystem. FINMA stated that the Swiss parliament has introduced a new licensing category for Fintech companies. Simultaneously, FINMA said the Federal… Read More

April 29, 2019 @ 7:36 am By JD Alois  |  

Nuggets, an e-commerce payments and ID platform that stores data on the blockchain, has been accepted into the UK Financial Conduct Authority (FCA) Innovation Sandbox, for the second time. This is the regulators’ fifth cohort since the Fintech sandbox launched. Nuggets will be testing its… Read More

March 5, 2019 @ 11:00 am By JD Alois  |  

A new report by the Cambridge Centre for Alternative Finance (CCAF) states that if properly regulated, Fintech can “extend the benefits of financial inclusion to millions of unbanked and underbanked people around the world.” Fintech has the potential to provide enormous benefit for the less… Read More

February 28, 2019 @ 10:12 pm By JD Alois  |  

Last September, the Consumer Financial Protection Bureau (CFPB) issued a statement on their proposed regulatory sandbox – a concept trailblazed by the UK Financial Conduct Authority (FCA) and since embraced by multiple regulators around the world. At the time of the earlier announcement, the CFPB… Read More

February 18, 2019 @ 9:16 am By JD Alois  |  

The European Bank for Reconstruction and Development (EBRD), has applied to join the Global Financial Innovation Network (GFIN) as an observer. GFIN is a global Fintech Sandbox project orchestrated by the UK. GFIN claims a good number of global regulators – each looking to facilitate… Read More

January 21, 2019 @ 11:28 am By JD Alois  |  

A joint report by the European Securities Markets Authority (ESMA), the European Banking Authority (EBA), and the European Insurance and Occupational Pensions Authority (EIOPA), addresses the topic of Fintech Sandboxes, the approach by regulators to partner with emerging Fintech firms by creating a safe place… Read More

January 21, 2019 @ 8:44 am By JD Alois  |  

Crypto Garage has accepted into the Japanese Financial Services Authority (FSA) Fintech Sandbox program. This is the first blockchain and finance project authorized by the Sandbox. The FSA announced the news in a release which was followed by a post by the parent company of… Read More