The Illinois Department of Financial and Professional Regulation has released proposed Digital Currency Regulatory Guidance (“Guidance”). It “expresses the Department’s interpretation of Illinois’ Transmitters of Money Act (“TOMA”) and its application to various activities involving digital currencies.” Read below for a more in-depth analysis of the guidance.
On November 21, 2016 through November 24, 2016, The German central bank will be collaborating with the Frankfurt School of Finance and Management, and other supervisory authorities for the Deutsche Bundesbank Conference.
Earlier today the Securities Exchange Commission hosted a Fintech Forum at its Washington, D.C. headquarters to discuss technological innovations across the financial services industry. The Impact of Recent Innovation on Trading, Settlement, and Clearance Activities panel focused on blockchain technology and its ability to transform various facets of the financial services industry.
Money 20/20, the “world’s biggest, boldest, and best event covering payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology” began on October 23, 2016 in Las Vegas, NV.
On January 17, 2017, the Department of Homeland Security (DHS) published its final rule to implement a discretionary parole authority to increase, promote, and encourage entrepreneurship, innovation, and job creation in the United States.