
FinTech Adoption Sees 72% Increase from Coronavirus
Coronavirus – the cause of COVID-19 – has already made dramatic impacts on our working and personal lives. More specifically, a growing percentage of individuals are being forced to work from home, even in industries where this initially seemed unlikely. While many are either celebrating or lamenting this change, there’s no denying that this massive workplace shift has led many to adopt new technology platforms. Now, the situation has greatly accelerated FinTech adoption — by an astounding 72%.
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SEC Chief Jay Clayton: We Are “Not Looking to Expand Securities Laws.”
The SEC continues to avoid discussions on possibly updating its securities laws. The current laws on-the-books go back some 85 years and many claim they have become outdated in today’s digital world.
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SEC Commissioner Peirce Proposes Three-Year Grace Period for Token Sales
On February 6th, 2020, U.S. SEC Commissioner Hester Peirce revealed a significant proposal at the 4th International Blockchain Congress in Chicago. She wants to give cryptocurrency projects a three-year grace period to develop a network and grow a decentralized infrastructure prior to being subject to U.S. securities laws.
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