UK, the blockchain in the Open Banking to become mainstream

28.Sep.2018Press release Infocoin

The UK financial services have been deeply reorganized since the Competition and Markets Authority has decided to create the Open Banking on behalf of the UK Government. Every provider of products and services that intends to use the Open Banking must follow the regulations of the Financial Conduct Authority (FCA) or European equivalent body.
As Gina Clarke explains on Forbes, the British Blockchain Association (BBA) wants to extend this authorization to blockchain-based financial services to further spread this technology and make it mainstream.