Contents contributed and discussions participated by John Kiff - Fintech Daily Digest

Kenya's financial inclusion rate passes 80% - 0 views

www.centralbanking.com/...ncial-inclusion-rate-passes-80

FinTech Inclusion

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John Kiff on 08 Apr 19

In Kenya, formal financial inclusion has risen to 83% from 27% in 2006, while complete exclusion has narrowed to 11% from 41%. Also, the disparities in financial access between rich and poor, men and women, and rural and urban areas also declined remarkably.

<div class="cArrow"> </div><div class="cContentInner">In Kenya, formal financial inclusion has risen to 83% from 27% in 2006, while complete exclusion has narrowed to 11% from 41%. Also, the disparities in financial access between rich and poor, men and women, and rural and urban areas also declined remarkably.</div>

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Western Union Integrates With Crypto Wallet to Expand Philippines Remittances - 0 views

www.coindesk.com/expand-philippines-remittances

FinTech Blockchain

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John Kiff on 08 Apr 19

Western Union has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to more easily receive cash remittances. While Western Union has previously teased possible relationships with Ripple and Coinbase, neither came to fruition.

<div class="cArrow"> </div><div class="cContentInner">Western Union has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to more easily receive cash remittances. While Western Union has previously teased possible relationships with Ripple and Coinbase, neither came to fruition.</div>

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Inwara 2019 Q1 ICO/STO Report - 0 views

www.inwara.com/...q1-2019-report

FinTech CryptoAssets ICOs STOs

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John Kiff on 08 Apr 19

According to InWara's quarterly crypto space report the number of ICOs declined by nearly 60% dramatically during Q1 2019, but the number of STOs increased by 130%.

<div class="cArrow"> </div><div class="cContentInner">According to InWara's quarterly crypto space report the number of ICOs declined by nearly 60% dramatically during Q1 2019, but the number of STOs increased by 130%. </div>

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Ripple Building: First Fiat--InterLedger Protocol (ILP) Connector Launched - 0 views

ethereumworldnews.com/rotocol-ilp-connector-launched

FinTech CryptoAssets Blockchain AltCoins Ripple

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John Kiff on 08 Apr 19

"The Ripple development team has launched the first fiat InterLedger Protocol (ILP) connector, and it is expected to be a big step towards interoperability with traditional financial systems and gain massive adoption."

<div class="cArrow"> </div><div class="cContentInner">"The Ripple development team has launched the first fiat InterLedger Protocol (ILP) connector, and it is expected to be a big step towards interoperability with traditional financial systems and gain massive adoption."</div>

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Real-time-payments monopoly puts financial system at risk - 0 views

www.americanbanker.com/...-puts-financial-system-at-risk

FinTech Plumbing CBDC

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John Kiff on 08 Apr 19

"The Federal Reserve Board is considering a decision about the future of digital banking that goes well beyond the narrow question of whether now is the time to transition to immediate payments. The board will decide whether the Federal Reserve will continue to play an operation role in digital payments."

<div class="cArrow"> </div><div class="cContentInner">"The Federal Reserve Board is considering a decision about the future of digital banking that goes well beyond the narrow question of whether now is the time to transition to immediate payments. The board will decide whether the Federal Reserve will continue to play an operation role in digital payments."</div>

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Cryptocurrency and Other Digital Assets for Asset Managers - 0 views

alerts.davispolk.com/...-assets-for-asset-managers.pdf

FinTech CryptoAssets Regulation

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John Kiff on 08 Apr 19

Law firm Davis Polk discusses the current US regulatory framework applicable to cryptocurrency and other digital asset investment funds offered to US investors.

<div class="cArrow"> </div><div class="cContentInner">Law firm Davis Polk discusses the current US regulatory framework applicable to cryptocurrency and other digital asset investment funds offered to US investors.</div>

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BigTech and the changing structure of financial intermediation - 0 views

www.bis.org/work779.htm

FinTech Bigtech

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John Kiff on 08 Apr 19

Differences in the development of FinTech credit reflect differences in income and financial market structure. The higher a country's income and the less competitive its banking system, the larger the FinTech credit volume.

<div class="cArrow"> </div><div class="cContentInner">Differences in the development of FinTech credit reflect differences in income and financial market structure. The higher a country's income and the less competitive its banking system, the larger the FinTech credit volume.</div>

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Tunisian central bank explores digital dinar - 0 views

www.asiatimes.com/...lockchain-for-cashless-economy

FinTech CryptoAssets CBDC

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John Kiff on 08 Apr 19

Tunisia is looking to be a pioneer in implementing blockchain as the country's central bank explores the use of the technology for a national digital dinar.

<div class="cArrow"> </div><div class="cContentInner">Tunisia is looking to be a pioneer in implementing blockchain as the country's central bank explores the use of the technology for a national digital dinar.</div>

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A Fight Over Specialized Chips Threatens an Ethereum Split - 0 views

www.wired.com/...chips-threatens-ethereum-split

FinTech CryptoAssets AltCoins Ethereum

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New report evaluates stablecoin contenders and the sector's likely evolution - 0 views

bravenewcoin.com/...tenders-and-the-sectors-likely

FinTech CryptoAssets AltCoins Stablecoins

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John Kiff on 08 Apr 19

A new report from Techemy Capital identifies winning and losing business models, explores underwriting options beyond "cash in the bank" and predicts the likely stablecoin market evolution through to 2022.

<div class="cArrow"> </div><div class="cContentInner">A new report from Techemy Capital identifies winning and losing business models, explores underwriting options beyond "cash in the bank" and predicts the likely stablecoin market evolution through to 2022.</div>

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Chinese Bitcoin Investors Are Happily Paying a Markup For Tethers - 0 views

bitcoinist.com/tcoin-investors-tether-markeup

FinTech CryptoAssets AltCoins Stablecoins Tether

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John Kiff on 08 Apr 19

The Tether (USDT) premium is going up because after the PBoC ICO/exchange ban, the most convenient way to buy cryptos in China, is to buy stable coins like USDT first using OTC, and then trade it into any cryptos on exchanges.

<div class="cArrow"> </div><div class="cContentInner">The Tether (USDT) premium is going up because after the PBoC ICO/exchange ban, the most convenient way to buy cryptos in China, is to buy stable coins like USDT first using OTC, and then trade it into any cryptos on exchanges. </div>

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Bitcoin Cash Spikes 12%: Is the Anticipated "Altcoin Season" Imminent? - 0 views

www.ccn.com/ipated-altcoin-season-imminent

FinTech CryptoAssets Bitcoin AltCoins

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John Kiff on 07 Apr 19

Bitcoin is said to have increased in value by a large margin in the last seven days primarily due to the liquidation of around half a billion dollars worth of short contracts on exchanges like BitMEX.

<div class="cArrow"> </div><div class="cContentInner">Bitcoin is said to have increased in value by a large margin in the last seven days primarily due to the liquidation of around half a billion dollars worth of short contracts on exchanges like BitMEX.</div>

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Returns on Crypto Assets: The Hidden Message - 0 views

www.coindesk.com/ypto-assets-the-hidden-message

FinTech CryptoAssets Collateral

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John Kiff on 07 Apr 19

The past couple of weeks have seen a flurry of headlines proclaiming a relatively new type of crypto asset return: income, not from trading or realizing profits, but from just holding the cryptocurrencies and tokens.

<div class="cArrow"> </div><div class="cContentInner">The past couple of weeks have seen a flurry of headlines proclaiming a relatively new type of crypto asset return: income, not from trading or realizing profits, but from just holding the cryptocurrencies and tokens.</div>

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What's Behind Bitcoin's Mysterious Surge - 0 views

www.barrons.com/...s-mysterious-surge-51554217074

FinTech CryptoAssets Bitcoin Futures

shared by John Kiff on 06 Apr 19 -

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John Kiff on 06 Apr 19

VanEck's Gabor Gurbacs said the big crypto price jump on April 1 was related to a short squeeze following a big CME bitcoin futures expiry the previous Friday.

<div class="cArrow"> </div><div class="cContentInner">VanEck's Gabor Gurbacs said the big crypto price jump on April 1 was related to a short squeeze following a big CME bitcoin futures expiry the previous Friday.</div>

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People Are 'Waking Up' - 40% Drop in Dormant Wallets Fueling Bitcoin Rally - 0 views

bitcoinist.com/-rally-40-drop-dormant-wallets

FinTech CryptoAssets Bitcoin AltCoins

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John Kiff on 06 Apr 19

The latest surge in Bitcoin price may have been caused by increased activity across the board as the number of active wallets has risen by as much as 40-60 percent, according to the latest data and industry analysts.

<div class="cArrow"> </div><div class="cContentInner">The latest surge in Bitcoin price may have been caused by increased activity across the board as the number of active wallets has risen by as much as 40-60 percent, according to the latest data and industry analysts.</div>

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A Balanced Approach to Fintech Regulation and Innovation-at Home and Abroad - 0 views

www.imf.org/...tech-regulation-and-innovation

FinTech Regulation

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John Kiff on 06 Apr 19

IMF's DMD David Lipton: Countries facing the challenge of Fintech have legitimate concerns about competition, about the market power of technology giants, and the cyber-risks and social disruptions that may accompany rapid technological change. Many countries worry about how data is collected and used; and how IT firms are taxed. We need to ensure that our actions enable us all together to maximize the benefits of Fintech for the benefit of all our citizens.

<div class="cArrow"> </div><div class="cContentInner">IMF's DMD David Lipton: Countries facing the challenge of Fintech have legitimate concerns about competition, about the market power of technology giants, and the cyber-risks and social disruptions that may accompany rapid technological change. Many countries worry about how data is collected and used; and how IT firms are taxed. We need to ensure that our actions enable us all together to maximize the benefits of Fintech for the benefit of all our citizens.</div>

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Fed preps draft white paper on cyber risk - Risk.net - 0 views

www.risk.net/...raft-white-paper-on-cyber-risk

CyberRisk Blog

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John Kiff on 05 Apr 19

"The US Federal Reserve has launched a project to find a common way of classifying and modelling cyber risk, amid continued fears over banks' collective readiness to meet the existential threat it poses to the financial system."

<div class="cArrow"> </div><div class="cContentInner">"The US Federal Reserve has launched a project to find a common way of classifying and modelling cyber risk, amid continued fears over banks' collective readiness to meet the existential threat it poses to the financial system."</div>

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MAS uses machine learning to spot market manipulation - Central Banking - 0 views

www.centralbanking.com/...ng-to-spot-market-manipulation

MachineLearning Regulation Blog

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John Kiff on 05 Apr 19

"The Monetary Authority of Singapore has started using an advanced data science tool named Apollo to help enforcement officers detect misconduct in financial markets, the central bank said in its inaugural enforcement report."

<div class="cArrow"> </div><div class="cContentInner">"The Monetary Authority of Singapore has started using an advanced data science tool named Apollo to help enforcement officers detect misconduct in financial markets, the central bank said in its inaugural enforcement report."</div>

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FSB publishes directory of crypto-assets regulators - Financial Stability Board - 0 views

www.fsb.org/...ry-of-crypto-assets-regulators

CryptoAssets Regulation Blog

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John Kiff on 05 Apr 19

"The Financial Stability Board (FSB) published today a Crypto-assets regulators directory. The purpose of the directory is to provide information on the relevant regulators and other authorities in FSB jurisdictions and international bodies who are dealing with crypto-asset issues, and the aspects covered by them."

<div class="cArrow"> </div><div class="cContentInner">"The Financial Stability Board (FSB) published today a Crypto-assets regulators directory. The purpose of the directory is to provide information on the relevant regulators and other authorities in FSB jurisdictions and international bodies who are dealing with crypto-asset issues, and the aspects covered by them."</div>

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Send money internationally for free via Coinbase - 0 views

www.coinbase.com/international

CryptoAssets Blog Liquidity CrossBorder

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John Kiff on 05 Apr 19

Coinbase customers can now transfer funds to any user with a Coinbase account around the world using XRP and USDCoin with no fee. The development enables users to send and receive money instantly, as well as convert them into local currency.

<div class="cArrow"> </div><div class="cContentInner">Coinbase customers can now transfer funds to any user with a Coinbase account around the world using XRP and USDCoin with no fee. The development enables users to send and receive money instantly, as well as convert them into local currency.</div>

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