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

BlockFi and the Mystery of Finance - Zane Pocock - 0 views

zanepocock.com/ystery-of-finance-e8a3a8ae90ee

CryptoAssets Custody Collateral Blog

shared by John Kiff on 01 Apr 19 -

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John Kiff on 01 Apr 19

"In the last couple of weeks there has been an explosion of conversation about BlockFi centered around their new Crypto Interest Account product, which differs from their Crypto Backed Loans product."

<div class="cArrow"> </div><div class="cContentInner">"In the last couple of weeks there has been an explosion of conversation about BlockFi centered around their new Crypto Interest Account product, which differs from their Crypto Backed Loans product."</div>

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BBVA loan links interest rate to digital milestones - 0 views

www.ft.com/...fa-5270-11e9-9c76-bf4a0ce37d49

Blog Fintech

shared by John Kiff on 01 Apr 19 - No Cached

John Kiff on 01 Apr 19

The first "D-Loan", as BBVA has dubbed the product, has been signed by Singapore-based Olam International, one of the world's leading food traders. The interest rate on the $350m revolving credit facility, provided by a consortium of seven banks led by BBVA, will decline if Olam hits a set of 32 digital targets.

<div class="cArrow"> </div><div class="cContentInner">The first "D-Loan", as BBVA has dubbed the product, has been signed by Singapore-based Olam International, one of the world's leading food traders. The interest rate on the $350m revolving credit facility, provided by a consortium of seven banks led by BBVA, will decline if Olam hits a set of 32 digital targets.</div>

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The space mission to buy us vital extra hours before a solar storm strikes - MIT Techno... - 0 views

www.technologyreview.com/...s-before-a-solar-storm-strikes

CAT Fintech Blog

shared by John Kiff on 31 Mar 19 - No Cached

John Kiff on 31 Mar 19

The 1859 "Carrington Event" produced so much geomagnetic activity that sparks flew from telegraph equipment. If it happened today, it could debilitate power in urban centers, cut off GPS, and put satellite communications at risk.

<div class="cArrow"> </div><div class="cContentInner">The 1859 "Carrington Event" produced so much geomagnetic activity that sparks flew from telegraph equipment. If it happened today, it could debilitate power in urban centers, cut off GPS, and put satellite communications at risk. </div>

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These Cryptocurrency Data Sites Aim to Be More Accurate Than Coinmarketcap - Bitcoin News - 0 views

news.bitcoin.com/re-accurate-than-coinmarketcap

CryptoAssets Liquidity Blog

shared by John Kiff on 31 Mar 19 -

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Deconstructing 'Decentralization': Exploring the Core Claim of Crypto Systems by Angela... - 0 views

papers.ssrn.com/...papers.cfm

CryptoAssets Blockchain Regulation Blog

shared by John Kiff on 31 Mar 19 - No Cached

John Kiff on 31 Mar 19

The application of the term "decentralized" to blockchain systems, and making legal judgments based on it, creates a "veil of decentralization" that functions as a liability shield for developers and miners and gives them a core benefit of organizational law without accompanying obligations.

<div class="cArrow"> </div><div class="cContentInner">The application of the term "decentralized" to blockchain systems, and making legal judgments based on it, creates a "veil of decentralization" that functions as a liability shield for developers and miners and gives them a core benefit of organizational law without accompanying obligations.</div>

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Fintech in Latin America and the Caribbean: Stocktaking - 0 views

www.imf.org/...he-Caribbean-Stocktaking-46677

Fintech CBDC Blog

shared by John Kiff on 31 Mar 19 - No Cached

John Kiff on 31 Mar 19

"This paper documents the evolution of fintech in LAC. In particular, the paper focuses on financial development, fintech landscape for domestic and cross border payments and alternative financing, cybersecurity, financial integrity and stability risks, regulatory responses, and considerations for central bank digital currencies."

<div class="cArrow"> </div><div class="cContentInner">"This paper documents the evolution of fintech in LAC. In particular, the paper focuses on financial development, fintech landscape for domestic and cross border payments and alternative financing, cybersecurity, financial integrity and stability risks, regulatory responses, and considerations for central bank digital currencies."</div>

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Cash Use Across Countries and the Demand for Central Bank Digital Currency - 0 views

www.imf.org/...al-Bank-Digital-Currency-46617

CryptoAssets CBDC Blog

shared by John Kiff on 31 Mar 19 - No Cached

John Kiff on 31 Mar 19

"The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card-not better. "

<div class="cArrow"> </div><div class="cContentInner">"The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card-not better. "</div>

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Understanding Central Bank Digital Currency - 0 views

www.actuaries.org.uk/...l-bank-digital-currencies-cbdc

CryptoAssets CBDC Blog

shared by John Kiff on 31 Mar 19 - No Cached

John Kiff on 31 Mar 19

Launching a CBDC entails large risks as potential economic disruption could outweigh the desired, but mostly untested benefits. However, what is right for some developed economies may not be true for developing ones, where risks and benefits are inherently different.

<div class="cArrow"> </div><div class="cContentInner">Launching a CBDC entails large risks as potential economic disruption could outweigh the desired, but mostly untested benefits. However, what is right for some developed economies may not be true for developing ones, where risks and benefits are inherently different.</div>

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How to Regulate Bitcoin? Decentralized Regulation for a Decentralized Cryptocurrency - ... - 0 views

orbilu.uni.lu/39134

CryptoAssets Regulation Blog

shared by John Kiff on 31 Mar 19 - No Cached

John Kiff on 31 Mar 19

This paper proposes a crypto-asset ecosystem regulatory approach that relies on a decentralized regulatory architecture built upon the existing regulatory infrastructure and makes use of the existing as well as the emerging middlemen in the industry.

<div class="cArrow"> </div><div class="cContentInner">This paper proposes a crypto-asset ecosystem regulatory approach that relies on a decentralized regulatory architecture built upon the existing regulatory infrastructure and makes use of the existing as well as the emerging middlemen in the industry.</div>

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New USStocks Token Lets Investors Access US Stock Market With Stablecoin Dai - 0 views

cointelegraph.com/...ock-market-with-stablecoin-dai

Blog CryptoAssets Tokenization AltCoins

shared by John Kiff on 31 Mar 19 - No Cached

John Kiff on 31 Mar 19

Decentralized financial contracts platform UMA has partnered with MakerDAO to release a token tied to the US stock market.

<div class="cArrow"> </div><div class="cContentInner">Decentralized financial contracts platform UMA has partnered with MakerDAO to release a token tied to the US stock market.</div>

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Major Private Indian Bank Partners With Ripple for Cross-Border Remittances - 0 views

cointelegraph.com/...e-for-cross-border-remittances

Ripple Fintech Blockchain Blog

shared by John Kiff on 30 Mar 19 - No Cached

John Kiff on 30 Mar 19

India's Federal Bank, a commercial private bank, has partnered with Ripple to use its network for cross-border remittances.

<div class="cArrow"> </div><div class="cContentInner">India's Federal Bank, a commercial private bank, has partnered with Ripple to use its network for cross-border remittances. </div>

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Bank runs in the digital era | FT Alphaville - 0 views

ftalphaville.ft.com/...Bank-runs-in-the-digital-era

Fintech OpenBanking Regulation Blog

shared by John Kiff on 29 Mar 19 -

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John Kiff on 29 Mar 19

Mark Zelmer's independent review into the UK's Co-operative Bank provides one of the first clear critiques of new regulations designed to stabilise the banking system, particularly the risk of bank runs and the role of open banking in the allocation of capital.

<div class="cArrow"> </div><div class="cContentInner">Mark Zelmer's independent review into the UK's Co-operative Bank provides one of the first clear critiques of new regulations designed to stabilise the banking system, particularly the risk of bank runs and the role of open banking in the allocation of capital.</div>

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RBI: WhatsApp yet to comply with data localisation norms - 0 views

timesofindia.indiatimes.com/...68622619.cms

Fintech Regulation Blog

shared by John Kiff on 29 Mar 19 - No Cached

John Kiff on 29 Mar 19

The Reserve Bank of India (RBI) has said that the popular messaging platform WhatsApp is not in compliance with the central bank's data localisation norms in India. RBI's comments come as response in an affidavit, reviewed by TOI, filed with the SC on Wednesday after the apex court made the central bank a party to a writ petition in January.

<div class="cArrow"> </div><div class="cContentInner">The Reserve Bank of India (RBI) has said that the popular messaging platform WhatsApp is not in compliance with the central bank's data localisation norms in India. RBI's comments come as response in an affidavit, reviewed by TOI, filed with the SC on Wednesday after the apex court made the central bank a party to a writ petition in January.</div>

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Japan: 13 Banks Invest in SBI's Ripple-Powered Blockchain Payment App - 0 views

cointelegraph.com/...powered-blockchain-payment-app

Blockchain Blog Ripple Fintech

shared by John Kiff on 29 Mar 19 - No Cached

John Kiff on 29 Mar 19

Blockchain payment app MoneyTap, co-developed by Ripple and Japanese financial services giant SBI Holdings, has received investments from 13 local banks, according to an SBI press release published on March 28.

<div class="cArrow"> </div><div class="cContentInner">Blockchain payment app MoneyTap, co-developed by Ripple and Japanese financial services giant SBI Holdings, has received investments from 13 local banks, according to an SBI press release published on March 28.</div>

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Hong Kong's Securities Regulator Issues Detailed Guidance for Security Token Offerings - 0 views

cointelegraph.com/...e-for-security-token-offerings

STOs Regulation Blog CryptoAssets ICOs

shared by John Kiff on 29 Mar 19 - No Cached

John Kiff on 29 Mar 19

Hong Kong's securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs).

<div class="cArrow"> </div><div class="cContentInner">Hong Kong's securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs).</div>

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Crypto Value Isn't Easy to Create With an Algorithm - Bloomberg - 0 views

www.bloomberg.com/...sy-to-create-with-an-algorithm

CryptoAssets Blog Stablecoins AltCoins

shared by John Kiff on 29 Mar 19 - No Cached

Can 'stablecoins' be stable? - Bank Underground - 0 views

bankunderground.co.uk/...can-stablecoins-be-stable

Blog Stablecoins CryptoAssets AltCoins

shared by John Kiff on 28 Mar 19 - No Cached

John Kiff on 28 Mar 19

Keeping one currency stable against another is easier said than done and algorithms that intuitively seem to work can hide devastating design flaws. Time will tell, but it seems unlikely that these algorithmic stablecoins will be replacing national currencies any time soon.

<div class="cArrow"> </div><div class="cContentInner">Keeping one currency stable against another is easier said than done and algorithms that intuitively seem to work can hide devastating design flaws. Time will tell, but it seems unlikely that these algorithmic stablecoins will be replacing national currencies any time soon.</div>

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Most Crypto Exchanges Still Don't Have Clear KYC Policies: Report - CoinDesk - 0 views

www.coindesk.com/have-clear-kyc-policies-report

Liquidity CryptoAssets AMLCFT Blog

shared by John Kiff on 28 Mar 19 - No Cached

John Kiff on 28 Mar 19

A global study of 216 exchanges found 69% of them do not have complete and transparent KYC procedures. It also found that only 26% had a "high" level of AML procedures.

<div class="cArrow"> </div><div class="cContentInner">A global study of 216 exchanges found 69% of them do not have complete and transparent KYC procedures. It also found that only 26% had a "high" level of AML procedures. </div>

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Ethereum Price Loses Luster as Bitcoin Alternative Drops - Bloomberg - 0 views

www.bloomberg.com/...-luster-as-apps-move-elsewhere

AltCoins Ethereum Blockchain Blog CryptoAssets

shared by John Kiff on 28 Mar 19 - No Cached

John Kiff on 28 Mar 19

EOS, Tron surpass Ethereum in popularity with many developers. Some startups are now issuing tokens on competing networks

<div class="cArrow"> </div><div class="cContentInner">EOS, Tron surpass Ethereum in popularity with many developers. Some startups are now issuing tokens on competing networks</div>

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Corda Blockchain Trade Finance Platform Marco Polo Sees First Transactions - 0 views

cointelegraph.com/...o-polo-sees-first-transactions

Corda R3 Fintech Blockchain Blog

shared by John Kiff on 28 Mar 19 - No Cached

John Kiff on 28 Mar 19

Blockchain consortium R3's trade finance platform Marco Polo has completed its first real transactions. Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a trade between Germany and China, involving two German firms.

<div class="cArrow"> </div><div class="cContentInner"> Blockchain consortium R3's trade finance platform Marco Polo has completed its first real transactions. Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a trade between Germany and China, involving two German firms.</div>

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