Regulation News
The UK's Department for Science, Innovation, and Technology has proposed a revised version of the Data Protection and Digital Innovation Bill.
Swedbank can now assess the financial impact from the investigation by the U.S. Treasury's Office for Foreign Assets Control (OFAC) regarding the bank´s historical shortcomings. OFAC's investigation relates to the transactions that the bank has notified the authority about. Swedbank therefore makes a provision of 40 million SEK.
I'm here today to discuss what we have learned from the recent turmoil in the crypto sector and what role supervision and regulation should play in helping banks manage their engagement with the sector and the innovative technologies that support it.
Silvergate Bank has gone into liquidation, raising further concerns about rising volatility in the crypto sector.
Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.
The work from the Cyber Security Innovation (CSI) Centre looks into regulatory blind spots of decentralised finance (DeFi)
