The Payments Association

JANUARY 13, 2025

Under the Bill, PSPs will be required to review their obligations under this evolving legal framework to confirm their ability to deliver on redemption guarantees. This could lead to disputes over ownership, custody, and liability in cases where the legal framework is yet to be fully tested.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fintech Review

SEPTEMBER 17, 2024

Decentralised Autonomous Organisations (DAOs) are transforming the governance structures within the blockchain and cryptocurrency spaces. Fintech Review looks into their function, their role in fostering innovation, and the significant challenges they face, particularly in terms of legal recognition, security, and scalability.

Governance 105

Governance Government Innovation Legal 105

The Fintech Times

JUNE 6, 2024

The platform now invites further international participation and private sector proposals for value-added solutions. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing. In 2022, a pilot involving real-value transactions demonstrated the platform’s capabilities.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

Fintech Review

JULY 22, 2024

The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair and angels Alice Ann Schwartz & Anna Yuan. Currently, Etherfuse issues assets on the Solana and Stellar blockchains, with plans to expand to additional chains in the future.

Stablecoins 52

Stablecoins Legal Framework Issuers Blockchain 52

CoinRemitter

JUNE 30, 2024

Despite being built on the blockchain , many don’t know how DAOs function or their potential impact on different industries. Decentralized Autonomous Organizations Decentralized Autonomous Organizations are an organizational structure that operates autonomously through smart contracts on the blockchain. Let’s understand what DAOs are.

Governance 40

Governance Government Blockchain Money Laundering 40

PYMNTS

NOVEMBER 4, 2016

One economist described the scheme: “Real money is used to buy virtual currency, and as virtual currencies gain value, commissions and bonuses are received by users who call in other investors to participate.”. The 500-page, $5,000 applications are an attempt to offer an unequivocal legal framework for businesses to exchange in bitcoin.

Bitcoin 76

Bitcoin Digital Currency Law Enforcement Legal Framework 76

PYMNTS

JANUARY 15, 2021

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). But those same payments mechanisms must be in compliance with various regulatory and legal frameworks.

Stablecoins 101

Stablecoins OCC Regulations Office of the Comptroller of the Currency 101