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This startup wants to change how renters pay for deposits

This startup wants to change how renters pay for deposits For lots of people, moving apartments is hampered by difficulties in scraping together a security deposit. If you’re living paycheck-to-paycheck, this can be unbelievably hard. One insurtech startup trying to change how deposits work is Reposit, which replaces the traditional …

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UK Begins Research on Law Reform for Use of Blockchain Smart Contracts

UK Begins Research on Law Reform for Use of Blockchain Smart Contracts The U.K. Law Commission, an independent agency set up by the U.K. parliament to propose legal reform actions, is starting a research project on law reform to bring clarity in the current system for using blockchain-based smart contracts. According …

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UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox

UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox For the first time, the U.K.’s financial regulator is directly recognizing the potential of blockchain-related startups. For the latest and fourth cohort of startups for its regulatory “sandbox,” the country’s Financial Conduct Authority (FCA) has given access to 11 blockchain and …

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Bank of England Warns Finance Firms Over Crypto Risks

Bank of England Warns Finance Firms Over Crypto Risks The Bank of England’s deputy governor for prudential regulation has warned banks about exposure to cryptocurrency-related assets in a new letter. Sam Woods, chief executive of the Prudential Regulation Authority (PRA) – a financial services regulator in the U.K. – wrote …

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