Tag "regulation"
Spain’s Digital Nomad Visa Aims to Attract Remote Workers, Tech Entrepreneurs
Last year, the Spanish government approved a draft law aimed at encouraging the development of a thriving startup ecosystem. Better known as the Startups Law, the legislation seeks to make Spain one of the most attractive destinations for investment, talent,
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Foreign Fintech Companies Flock to Peru
Peru’s fintech industry is expected to get a boost this year, driven by favorable regulatory developments and rising demand for more accessible and inclusive financial services. Javier Salinas, director of Emprende UP, the center for entrepreneurship and innovation of the
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Open Finance, Green Fintech Among Swiss Federal Council’s Top Areas of Focus for Coming Years
Switzerland’s Federal Council has set out 12 key fintech trends and technologies it will be putting a focus on for the coming years as part of the government’s ambition to establish the country as a top business location for digital
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Peru Fintech Industry Grew 16% This Year; COVID-19 Accelerates Digital Adoption
Peru’s fintech industry has been growing consistently these past years, surging to 171 fintech companies operating locally, as of September 2021. The figure represents a 16% from 2020, and an annual average growth rate of 20% over the last seven
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A Look Into Switzerland’s Distributed Ledger Technology Act
This year, the Distributed Ledger Technology (DLT) bill entered into full force in Switzerland, opening up new opportunities and business models by providing legal clarity in areas including ledger-based securities and digital securities exchanges. The new legal framework entered into
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Europe Paved the Way for Open Banking but Held Back by Adoption Discrepancies
Europe is often considered a pioneer in the widespread introduction of open banking, but despite groundbreaking regulations like PSD2, significant differences and discrepancies exist between countries of the continent, a new research by German open banking platform Ndgit found. In
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EU’s Shareholder Rights Directive II, a Catalyst for Change in the Securities Industry
September 10, 2020 marked the deadline for member states of the European Economic Area (EEA) to implement new measures required by the Shareholder Rights Directive II (SRD II). SRD II, which came into force on June 09, 2017, amends the
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How to Get a Swiss Fintech License, Swiss SME Banking Heats Up
Switzerland’s fintech license appears to have attracted a horde of cryptocurrency startups looking to leverage the relaxed regime to provide certain bank-like services which would have otherwise required a full banking license, Michael Brüggler, managing expert at Fintech Werkstatt, told
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Switzerland and Estonia Among Europe’s Most Advanced Blockchain Ecosystems
In Europe, Switzerland, Estonia, Malta and Cyprus have the most advanced and mature blockchain ecosystems with well-developed startup scenes and high levels of regulatory maturity, a paper by the EU Blockchain Observatory and Forum says. More specifically, the European Commission
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EU Consumers Uncomfortable Sharing their Data, Finds New Open Banking Survey
European consumers still have reservations about open banking offerings despite the entry into force of the Revised Payment Services Directive (PSD2) and efforts from governments to promote fintech and open banking, according to a new survey by PwC’s Strategy&. The
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