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Regulators latch on to 'regtech,' blockchain for compliance data processing

By Tsering Namgyal ( November 29, 2017, 06:24 GMT | Insight) -- Regulators are increasingly turning to financial technology to help them better process and manage the masses of data they receive from finance sector businesses, experts say. Blockchain-based platforms can provide regulators with a window through which they can observe transactions in real time and achieve the goal of market supervision without having to process millions of pieces of information, which also avoids the replication of requests for data from regulators.Regulators are increasingly turning to financial technology to help them better process and manage the masses of data they receive from finance-sector businesses, experts say....

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