Different national regulators are approaching cryptocurrencies in different ways – leading to a divergence in the uptake the latest craze in payments has had across the globe. In South America, and particularly Chile, regulators have been proactive, embracing cryptos, and the market has followed. Here we track the latest developments.
Elsewhere, fintech firms have jumped to utilise sandboxes constructed by their national regulators to test new products and services. News broke recently of a transnational sandbox, provided through an agreement by a number of progressive regulators. On PaymentEye this week, we look at the national regulators who are attempting to steer the agenda, and what it means for the payment market.
Read these stories and a lot more on PaymentEye, for the latest updates in the market.