UK government publishes findings from the Future of Payments Review
Commissioned by the UK chancellor and launched in July this year, the report has been authored by Joe Garner.
Commissioned by the UK chancellor and launched in July this year, the report has been authored by Joe Garner.
15 fintechs including Wise, Monzo, Revolut and Klarna have penned an open letter to UK chancellor Jeremy Hunt.
The MoU aims to establish an “ongoing forum” to discuss voluntary regulatory cooperation.
The UK government is looking to bring BNPL into the regulatory sphere “in a proportionate way”.
The government will strengthen rules for crypto trading platforms and crypto lending in line with traditional finance.
The letter has been co-signed by Codat, Atom Bank, Funding Circle, Iwoca, Allica Bank, SPRK Capital and others.