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Fintech
PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.

Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included
The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.

Figure Technologies Securitizes $150M of Home Equity Loans on Blockchain
The deal may serve as a showcase for DLT’s benefits to Wall Street at a time when such use cases no longer generate the same buzz as five years ago.

Software Ate the World, Here's How It Eats Finance
Real disruption in financial services means creating new plumbing for transactions, not nicer apps on top of existing rails, says CoinDesk columnist Lex Sokolin.

Longfin CEO Reaches $400,000 Settlement With SEC Over Fraud Charges
Venkata S. Meenavalli has agreed to pay $400,000 in both disgorgement and penalties related to a 2017 Regulation A+ offering the SEC deemed fraudulent.

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push
OneConnect Financial Technology, the banking and blockchain arm of China's largest insurance company, filed a prospectus with the SEC on Wednesday.

Experts Say Mexico's Regulations Raise the Bar 'Too High' for Crypto Entrepreneurs
New laws are strangling crypto startups before they can begin to trade.

Mexico Is Getting Eight New Cryptocurrency Exchanges
Fintech firm Amero-Isatek will offer cash-to-crypto exchanges in eight Mexican states

New York Finance Watchdog 'Fiercely Opposes' Sandboxes for Fintech Firms
The chief of New York's financial regulatory body said Tuesday that the agency is "fiercely opposed" to regulatory sandboxes for fintech firms

Korea Telecom Announces Blockchain For Network Security
South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.
