The InsurTech Sandbox has a continued role in this evolution and will allow insurers to test new initiatives, gain valuable market data, and reduce their time to market at a lower cost.
Fintech Saudi is expected to launch a number of workshops, educational and awareness activities targeting university students, investors, companies and banks to introduce the initiative and its contribution to a qualitative shift in the provision of finan
The Act affects those who are interested in creating, promoting, investing in and using ICOs and digital assets as well as companies who are seeking to raise capital through initial coin offerings.
Officials are probing an alleged $660-million crypto startup fraud, but investor sentiment remains strong; the govt needs to catch up, an academic says
Ogier's Digital, Blockchain and Fintech group expects CIMA to release guidance on anti-money laundering concerns related to virtual currencies in the near future and will provide further updates accordingly.