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Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
🔐 UK’s new draft law: Crypto finally gets a dress code
🧠 FCA launches AI sandbox for live fintech testing
🎟️ What to expect from upcoming fintech events this May
Source : CryptoSlate
The UK Treasury and Chancellor Rachel Reeves just dropped a draft law to regulate crypto exchanges, dealers, and agents.
🚨 Breaking News:
The UK’s draft crypto law aims to protect consumers and boost fintech by regulating crypto firms like traditional finance.
⚡ Wire Simplified:
Crypto firms must meet standards on transparency, consumer protection, and operational resilience.
Law targets exchanges, dealers, and agents trading assets like Bitcoin and Ether.
Overseas stablecoin issuers? Exempt (for now 👀).
UK's move leans closer to the US approach than the EU’s stricter vibe.
Public consultation is now open – the crowd gets a say!
✔️ Straight to the Point:
The UK wants to clean up crypto’s messy room—protecting users while keeping fintech fun and (somewhat) wild.
🎤 Is the UK's crypto regulation a step in the right direction? |
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Source : Hogan Lovells
The UK’s Financial Conduct Authority (FCA) is dropping a live AI testing service for finance firms this September. Let’s gooo.
🚨 Breaking News:
FCA’s new sandbox will let companies test AI models in real life, safely, over 12 to 18 months.
⚡ Wire Simplified:
It’s part of FCA’s AI Lab push to stay ahead in fintech.
Firms can test AI tools in a secure, regulatory-approved space.
Solves a real pain: lack of trusted test zones for AI.
Starts this September, runs up to 18 months.
Goal? Responsible AI. No Black Mirror stuff, please.
✔️ Straight to the Point:
FCA is giving AI a playground with rules — helping fintech innovate without accidentally starting a robo-apocalypse. Smart move.
Netflix, $NFLX, has a five-year plan to raise its market cap to $1 trillion by doubling its revenue and tripling its operating income by 2030
— unusual_whales (@unusual_whales)
5:17 PM • Apr 29, 2025
Money20/20 USA 2025
Money20/20 USA is a premier event that brings together the global FinTech community to discuss the future of money, payments, and financial services. The event features industry leaders, innovators, and disruptors.
Date: October 26–28, 2025 | Location: Las Vegas, NV, USA
Fintech Talents North America 2025
Fintech Talents North America is the ultimate FinTech event for credit unions, community banks, financial institutions, and FinTechs from across North America. The event offers networking opportunities, workshops, and discussions on the latest trends in FinTech.
Date: September 2–3, 2025 | Location: New York, NY, USA
What do you think about today’s edition? |
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