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

Smart weaponry aids bank fight against money laundering - 0 views

www.risk.net/...fight-against-money-laundering

AMLCFT Regulation Fintech

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John Kiff on 10 Apr 19

Two-thirds of banks are thought to be deploying machine learning in their AML efforts, or are close to doing so. US regulators have given tacit approval to the use of technological innovation to combat AML, giving banks more freedom to experiment

<div class="cArrow"> </div><div class="cContentInner">Two-thirds of banks are thought to be deploying machine learning in their AML efforts, or are close to doing so. US regulators have given tacit approval to the use of technological innovation to combat AML, giving banks more freedom to experiment</div>

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Review of BIS Survey on Central Bank Digital Currency - 0 views

mitcryptocurrencyresearch.substack.com/...is-cryptocurrency-research-350

Fintech CryptoAssets AltCoins CBDC

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John Kiff on 09 Apr 19

"The Bank for International Settlements (BIS) recently released a survey on central bank digital currency (CBDC). This review is in two sections, the first discusses the BIS survey and the second analyses the issues facing central banks as their work on CBDC progresses."

<div class="cArrow"> </div><div class="cContentInner">"The Bank for International Settlements (BIS) recently released a survey on central bank digital currency (CBDC). This review is in two sections, the first discusses the BIS survey and the second analyses the issues facing central banks as their work on CBDC progresses."</div>

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Smart Derivatives Contracts: the ISDA Master Agreement and the automation of payments a... - 0 views

arxiv.org/1904.01461

Fintech Plumbing Derivatives

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John Kiff on 09 Apr 19

This paper investigates the extent to which terms of, and workflow around, the provisions of ISDA Master Agreements can be automated via smart contracts.

<div class="cArrow"> </div><div class="cContentInner">This paper investigates the extent to which terms of, and workflow around, the provisions of ISDA Master Agreements can be automated via smart contracts.</div>

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World's Fifth Largest Bank MUFG to Put Stablecoin to Practical Use in 2019 - 0 views

cointelegraph.com/...ecoin-to-practical-use-in-2019

Fintech CryptoAssets Stablecoins AltCoins

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John Kiff on 09 Apr 19

Japanese bank holding and financial services company Mitsubishi UFJ Financial Group is set to put its digital currency MUFG Coin into practical use later this year.

<div class="cArrow"> </div><div class="cContentInner">Japanese bank holding and financial services company Mitsubishi UFJ Financial Group is set to put its digital currency MUFG Coin into practical use later this year.</div>

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Bibox Exchange to Launch Leveraged BCH Perpetual Contracts - 0 views

news.bitcoin.com/eraged-bch-perpetual-contracts

AltCoins CryptoAssets Leverage Fintech

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John Kiff on 09 Apr 19

Estonia-based Bibox exchange is to launch bitcoin cash (BCH) and litecoin (LTC) perpetual trading contracts on April 12, with leverage of up to 50x. Priced in tether (USDT) the cryptocurrency derivatives are targeted at both institutional and retail investors.

<div class="cArrow"> </div><div class="cContentInner">Estonia-based Bibox exchange is to launch bitcoin cash (BCH) and litecoin (LTC) perpetual trading contracts on April 12, with leverage of up to 50x. Priced in tether (USDT) the cryptocurrency derivatives are targeted at both institutional and retail investors.</div>

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Institutional Bitcoin Trading Volumes See Fourth Month of Growth, Diar Reports - 0 views

cointelegraph.com/...h-month-of-growth-diar-reports

Bitcoin CryptoAssets Futures Fintech

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John Kiff on 09 Apr 19

Trading of institutional Bitcoin investment products have seen growth for the fourth month running, and are rising against US-based crypto exchanges as a percentage of total trading volume.

<div class="cArrow"> </div><div class="cContentInner">Trading of institutional Bitcoin investment products have seen growth for the fourth month running, and are rising against US-based crypto exchanges as a percentage of total trading volume.</div>

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China's Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead - 0 views

www.ccn.com/n-could-snap-crypto-rally-dead

Fintech CryptoAssets Bitcoin

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John Kiff on 09 Apr 19

A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect.

<div class="cArrow"> </div><div class="cContentInner">A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect.</div>

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How Many Stablecoins Are There? - 0 views

www.cementdao.com/...how-many-stablecoins-are-there

FinTech CryptoAssets AltCoins Stablecoins

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John Kiff on 08 Apr 19

With 147 projects announced throughout the year, 2018 was dubbed the year of stablecoins. This year, the rate of stablecoin announcements has stabilized , with 19 diverse projects announced throughout the first quarter of 2019.

<div class="cArrow"> </div><div class="cContentInner">With 147 projects announced throughout the year, 2018 was dubbed the year of stablecoins. This year, the rate of stablecoin announcements has stabilized , with 19 diverse projects announced throughout the first quarter of 2019.</div>

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Meet the Universal Euro - Universal Protocol - 0 views

medium.com/...he-universal-euro-a066097dc41d

FinTech CryptoAssets Ethereum Stablecoins

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John Kiff on 08 Apr 19

UPEUR is a stablecoin pegged at a 1:1 ratio with the Euro. Once a Universal Euro has been minted, a record of this transaction is recorded on the Ethereum blockchain. It will be Euro-pegged, and available directly on Uphold and other participating exchanges.

<div class="cArrow"> </div><div class="cContentInner">UPEUR is a stablecoin pegged at a 1:1 ratio with the Euro. Once a Universal Euro has been minted, a record of this transaction is recorded on the Ethereum blockchain. It will be Euro-pegged, and available directly on Uphold and other participating exchanges.</div>

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Kinesis Currencies Now Sharia Law Compliant - 0 views

medium.com/...ria-law-compliant-a2cb4e4d5bb0

CryptoAssets AltCoins Stablecoins IslamicFinance

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John Kiff on 08 Apr 19

"This review has resulted in Kinesis being awarded a Sharia-compliant certificate for the Kinesis Velocity Token (KVT), Kinesis currencies (KAU and KAG), the Kinesis Blockchain Network (KBN) and the Kinesis Currency Exchange (KCX)."

<div class="cArrow"> </div><div class="cContentInner">"This review has resulted in Kinesis being awarded a Sharia-compliant certificate for the Kinesis Velocity Token (KVT), Kinesis currencies (KAU and KAG), the Kinesis Blockchain Network (KBN) and the Kinesis Currency Exchange (KCX)."</div>

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World Economic Forum: Three things you need to know about securing a blockchain - 0 views

www.weforum.org/...nd-about-securing-a-blockchain

FinTech Blockchain CyberRisk

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John Kiff on 08 Apr 19

Blockchain technologies are revolutionary in many ways, but the simple fact that blockchain is different need not require a wholly new security paradigm.

<div class="cArrow"> </div><div class="cContentInner">Blockchain technologies are revolutionary in many ways, but the simple fact that blockchain is different need not require a wholly new security paradigm.</div>

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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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