01950nam a22003017c 4500 00004629 ES-MaONT 20230303102632.0 180702s2018 xxu||||fr|||| 00| 0 eng d M-10678-2012 2254-3880 . CDO Spain in the digital era funcas May 2018 159 p. texto (visual) isbdcontent electrónico isbdmedia recurso en línea rdacarrier The advent of new technologies, such as blockchain, has created a set of potential opportunities, still not fully tapped, in financial markets. At the same time, technological innovation in financial services (FinTech) has led to the emergence of numerous initiatives that, on a small scale, offer flexible online solutions, personalized and immediate service, and cost reductions. FinTech players already occupy a relevant space in the financial digitization process. However, the speed of financial innovation far exceeds the regulatory response, which poses the challenge of making innovative solutions compatible with the existence of adequate safeguards and guarantees. In this context, the May issue of SEFO, Spanish and International Economic & Financial Outlook, focuses on recent developments in the digitalization of financial markets and their potential implications for Spain. First, we assess the evolution and dimensions of the crypto assets economy. Next, we explore a relatively novel concept that allows for controlled development of financial innovation – the regulatory ‘sandbox’. Economía digital 2223 crypto assets market FinTech Fundación de las Cajas de Ahorros‏ FUNCAS 1181 Vol. 7, No. 3_May 2018 Funcas SEFO http://www.sefofuncas.com/pdf/Sefo_7-3.pdf 0 Acceso al documento udc REV 4629 4629 0 0 udc 0 3 1 01 01 online 2018-07-02 0 1000020175027 2018-07-02 00:00:00 2018-07-02 REV pdf