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

All of It Dark, All of It P2P: After the Binance Hack, Bitcoin Doesn't Cut It - 0 views

www.coindesk.com/nce-hack-bitcoin-doesnt-cut-it

Bitcoin Fintech CryptoAssets

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John Kiff on 10 May 19

Binance this time decided not to make the deal with miners. And as time goes on, the attack becomes harder. But all it took was a private phone call. The majority hashpower lies under control of a handful of men. They can collude and reverse the chain.

<div class="cArrow"> </div><div class="cContentInner">Binance this time decided not to make the deal with miners. And as time goes on, the attack becomes harder. But all it took was a private phone call. The majority hashpower lies under control of a handful of men. They can collude and reverse the chain.</div>

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Fintech Can Cut Costs of Remittances to Latin America - 0 views

blogs.imf.org/...f-remittances-to-latin-america

Fintech CrossBorder

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John Kiff on 09 May 19

For Latin Americans living abroad sending money back home via traditional banking methods and money transfer operators can be a complicated and costly ordeal. More cost-effective approaches rely on using fintech, like mobile banking, according to a recent IMF working paper.

<div class="cArrow"> </div><div class="cContentInner">For Latin Americans living abroad sending money back home via traditional banking methods and money transfer operators can be a complicated and costly ordeal. More cost-effective approaches rely on using fintech, like mobile banking, according to a recent IMF working paper. </div>

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SEC Commissioner Fears 'Heel-Dragging' Will Stifle Crypto Innovation - 0 views

www.coindesk.com/-will-stifle-crypto-innovation

Fintech CryptoAssets Regulation

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John Kiff on 09 May 19

US SEC Commissioner Hester Peirce is worried that the regulator is moving too slowly for the crypto ecosystem. Rather than being heavyhanded in enforcing the rules as she once feared, the agency has instead been too sluggish to clarify or update them.

<div class="cArrow"> </div><div class="cContentInner">US SEC Commissioner Hester Peirce is worried that the regulator is moving too slowly for the crypto ecosystem. Rather than being heavyhanded in enforcing the rules as she once feared, the agency has instead been too sluggish to clarify or update them.</div>

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Belarussian Exchange to Offer Tokenized Government Bonds - 0 views

cointelegraph.com/...fer-tokenized-government-bonds

Fintech CryptoAssets Bitcoin Ethereum Tokenization

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John Kiff on 09 May 19

The global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds. Users can now use fiat money, bitcoin and ether to invest in and trade Belarussian government bonds.

<div class="cArrow"> </div><div class="cContentInner">The global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds. Users can now use fiat money, bitcoin and ether to invest in and trade Belarussian government bonds. </div>

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JPMorgan Has Quietly Rebooted the Blockchain Tech Behind Its JPM Coin - 0 views

www.coindesk.com/chain-tech-behind-its-jpm-coin

CryptoAssets Blockchain JPMCoin AltCoins Stablecoins Fintech

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John Kiff on 09 May 19

The JPM Coin team replaced Constellation, Quorum's privacy layer written in the Haskell computer language, with Tessera, which has a similar design, but is built in Java to make it easier for businesses to use and deploy.

<div class="cArrow"> </div><div class="cContentInner">The JPM Coin team replaced Constellation, Quorum's privacy layer written in the Haskell computer language, with Tessera, which has a similar design, but is built in Java to make it easier for businesses to use and deploy.</div>

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Ant Financial, Tencent, and Xiaomi Are Among HK's New 4 Virtual Banking Licensees - 0 views

fintechnews.hk/...ium-insight-ping-an-oneconnect

Fintech

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John Kiff on 09 May 19

The Hong Kong Monetary Authority issued virtual banking rights to 4 more companies: Ant SME Services (Hong Kong) , Infinium, Insight Fintech HK, and Ping An OneConnect.

<div class="cArrow"> </div><div class="cContentInner">The Hong Kong Monetary Authority issued virtual banking rights to 4 more companies: Ant SME Services (Hong Kong) , Infinium, Insight Fintech HK, and Ping An OneConnect.</div>

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Major Crypto Traders Meet to Establish Industry Blacklist, Standards - 0 views

cointelegraph.com/...h-industry-blacklist-standards

CryptoAssets Fintech AMLCFT

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John Kiff on 09 May 19

A group of traders from 35 digital assets firms are proposing to create a shared blacklist for parties who renege on trades and engage in dubious activities.

<div class="cArrow"> </div><div class="cContentInner">A group of traders from 35 digital assets firms are proposing to create a shared blacklist for parties who renege on trades and engage in dubious activities.</div>

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SocGen Introduces Crypto to $2 Trillion Market for Covered Bonds - 0 views

www.bloomberg.com/...llion-market-for-covered-bonds

Fintech Tokenization Blockchain

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John Kiff on 09 May 19

Last month a unit of Societe Generale sold EUR 100M of mortgage-backed covered bonds in the form of digital tokens with the French bank as the only buyer. The idea was to test how the technology behind can be used to cut costs and speed settlement for the securities.

<div class="cArrow"> </div><div class="cContentInner">Last month a unit of Societe Generale sold EUR 100M of mortgage-backed covered bonds in the form of digital tokens with the French bank as the only buyer. The idea was to test how the technology behind can be used to cut costs and speed settlement for the securities.</div>

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China's ubiquitous digital payments processor loves the blockchain - 0 views

www.technologyreview.com/...processor-loves-the-blockchain

CryptoAssets Fintech Tokenization Blockchain

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John Kiff on 09 May 19

Ant Financial is exploring how to issue digital assets in some form of a token on the blockchain that would represent something of value in the physical world-whether that be fiat currency or some other kind of asset.

<div class="cArrow"> </div><div class="cContentInner">Ant Financial is exploring how to issue digital assets in some form of a token on the blockchain that would represent something of value in the physical world-whether that be fiat currency or some other kind of asset.</div>

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Proptech and Real Estate Disruption - 0 views

www.fdic.gov/...piskorski.pdf

Fintech Shadow Mortgages Regulation

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John Kiff on 08 May 19

A quantitative model of mortgage lending suggests that regulation accounts for roughly 60% of shadow bank growth, while technology accounts for roughly 30%.

<div class="cArrow"> </div><div class="cContentInner">A quantitative model of mortgage lending suggests that regulation accounts for roughly 60% of shadow bank growth, while technology accounts for roughly 30%.</div>

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Fintech, regulatory arbitrage, and the rise of shadow banks - 0 views

www.sciencedirect.com/...S0304405X1830237X

Fintech Shadow Mortgages Regulation

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John Kiff on 08 May 19

Relative to other shadow banks, fintech lenders serve more creditworthy borrowers and are more active in the refinancing market. Fintech lenders charge a premium of 14-16 basis points and appear to provide convenience rather than cost savings to borrowers.

<div class="cArrow"> </div><div class="cContentInner">Relative to other shadow banks, fintech lenders serve more creditworthy borrowers and are more active in the refinancing market. Fintech lenders charge a premium of 14-16 basis points and appear to provide convenience rather than cost savings to borrowers.</div>

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