Best content in Fintech Daily Digest

Peer-to-peer groups battle to survive more hostile market - 0 views

www.ft.com/...6a-8880-11e9-97ea-05ac2431f453

P2P Fintech

shared by John Kiff on 09 Jun 19 - No Cached

John Kiff on 09 Jun 19

Britain's peer-to-peer lenders are hoping this week's intervention by the Financial Conduct Authority will help to restore the sector's damaged reputation by weeding out potentially dozens of weaker competitors.

<div class="cArrow"> </div><div class="cContentInner">Britain's peer-to-peer lenders are hoping this week's intervention by the Financial Conduct Authority will help to restore the sector's damaged reputation by weeding out potentially dozens of weaker competitors.</div>

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Subscribe to read | Financial Times - 0 views

www.ft.com/...36-86ad-11e9-a028-86cea8523dc2

P2P

shared by John Kiff on 09 Jun 19 - No Cached

John Kiff on 09 Jun 19

UK retail investors will face limits on how much money they can put into P2P platforms under new Financial Conduct Authority rules that experts predicted would trigger the closure of more lenders.

<div class="cArrow"> </div><div class="cContentInner">UK retail investors will face limits on how much money they can put into P2P platforms under new Financial Conduct Authority rules that experts predicted would trigger the closure of more lenders.</div>

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More Details Emerge on Team Behind Facebook's Secretive Blockchain - 0 views

www.coindesk.com/facebooks-secretive-blockchain

Fintech Facebook Stablecoins CryptoAssets AltCoins

shared by John Kiff on 09 Jun 19 - No Cached

John Kiff on 09 Jun 19

More names are being linked to Facebook's secretive cryptocurrency project, MIT's Christian Catalini as the project's chief economist.

<div class="cArrow"> </div><div class="cContentInner">More names are being linked to Facebook's secretive cryptocurrency project, MIT's Christian Catalini as the project's chief economist.</div>

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Did the Introduction of Bitcoin Futures Crash the Bitcoin Market at the End of 2017? - 0 views

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

Fintech CryptoAssets Bitcoin Futures

shared by John Kiff on 09 Jun 19 -

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John Kiff on 09 Jun 19

Since Bitcoin's largest price decline and the launch of the Bitcoin futures market coincided in December 2017, there have been heated discussions about whether the launch of the futures market crashed the Bitcoin market. This paper empirically shows that this is not so.

<div class="cArrow"> </div><div class="cContentInner">Since Bitcoin's largest price decline and the launch of the Bitcoin futures market coincided in December 2017, there have been heated discussions about whether the launch of the futures market crashed the Bitcoin market. This paper empirically shows that this is not so. </div>

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Blockchain in retail banking: Making the connection - 0 views

www.mckinsey.com/...-banking-making-the-connection

Fintech CryptoAssets AltCoins CBDC Stablecoins

shared by John Kiff on 09 Jun 19 -

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John Kiff on 09 Jun 19

There needs to be a more seamless transition between fiat and digital assets, so that customers do not risk losses as they switch back and forth. One solution would be for central banks to issue a crypto fiat, which would support product manufacturing. It would also enable real-time peer-to-peer payments and potentially cross-border interbank clearing and settlement.

<div class="cArrow"> </div><div class="cContentInner">There needs to be a more seamless transition between fiat and digital assets, so that customers do not risk losses as they switch back and forth. One solution would be for central banks to issue a crypto fiat, which would support product manufacturing. It would also enable real-time peer-to-peer payments and potentially cross-border interbank clearing and settlement.</div>

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The Bitcoin Cash fiasco: a reorg or a 51 percent attack? - 0 views

bravenewcoin.com/...a-reorg-or-a-51-percent-attack

Fintech CryptoAssets Bitcoin AltCoins

shared by John Kiff on 08 Jun 19 - No Cached

John Kiff on 08 Jun 19

On May 15, 2019, Bitcoin Cash (BCH) implemented a system upgrade designed to support a number of scaling solutions. Shortly after the fork, there appeared to be a power struggle between miners looking to recuperate lost BCH, which became spendable after the upgrade. This has led to new debates over the centralization, security, and immutability of the BCH network.

<div class="cArrow"> </div><div class="cContentInner">On May 15, 2019, Bitcoin Cash (BCH) implemented a system upgrade designed to support a number of scaling solutions. Shortly after the fork, there appeared to be a power struggle between miners looking to recuperate lost BCH, which became spendable after the upgrade. This has led to new debates over the centralization, security, and immutability of the BCH network.</div>

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Ernst & Young rolls out 'Nightfall' to enable private transactions on Ethereum - 0 views

bravenewcoin.com/...enable-private-transactions-on

Blockchain Fintech

shared by John Kiff on 08 Jun 19 - No Cached

John Kiff on 08 Jun 19

Ernst & Young has released a zero-knowledge proof private transaction protocol for the Ethereum blockchain, called Nightfall.

<div class="cArrow"> </div><div class="cContentInner">Ernst & Young has released a zero-knowledge proof private transaction protocol for the Ethereum blockchain, called Nightfall. </div>

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The Riksbank is procuring suppliers to develop proposals for an e-krona - 0 views

www.riksbank.se/...velop-proposals-for-an-e-krona

CryptoAssets CBDC Fintech

shared by John Kiff on 03 Jun 19 -

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John Kiff on 03 Jun 19

The Riksbank has started the work of developing solutions for a possible future e-krona and is now procuring a supplier for support in this work. The procurement process will run over the summer and autumn of 2019, after which development work will start together with the procured supplier. In 2020, a technical platform for e-krona payments, as well as a small number of different forms of means of payment for the e-krona, will be developed and tested.

<div class="cArrow"> </div><div class="cContentInner">The Riksbank has started the work of developing solutions for a possible future e-krona and is now procuring a supplier for support in this work. The procurement process will run over the summer and autumn of 2019, after which development work will start together with the procured supplier. In 2020, a technical platform for e-krona payments, as well as a small number of different forms of means of payment for the e-krona, will be developed and tested.</div>

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Facebook's 'GlobalCoin' Crypto Will Be Tied to Multiple Currencies: Exec - 0 views

www.coindesk.com/ed-to-multiple-currencies-exec

Fintech Stablecoins AltCoins CryptoAssets

shared by John Kiff on 07 Jun 19 - No Cached

John Kiff on 07 Jun 19

Facebook's Laura McCracken confirmed that the planned stablecoin will not be tied to any single fiat currency, but will instead be linked to a basket of currencies in order to prevent volatility.

<div class="cArrow"> </div><div class="cContentInner">Facebook's Laura McCracken confirmed that the planned stablecoin will not be tied to any single fiat currency, but will instead be linked to a basket of currencies in order to prevent volatility.</div>

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National Bank of Ukraine continues to focus on CBDC - 0 views

www.centralbanking.com/...ine-continues-to-focus-on-cbdc

CBDC CryptoAssets Fintech AltCoins

shared by John Kiff on 07 Jun 19 - No Cached

John Kiff on 07 Jun 19

The National Bank of Ukraine has released a report on issuing its own central bank digital currency, based on a pilot scheme for the 'e-hryvnia' which was completed in February.

<div class="cArrow"> </div><div class="cContentInner">The National Bank of Ukraine has released a report on issuing its own central bank digital currency, based on a pilot scheme for the 'e-hryvnia' which was completed in February.</div>

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SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval - 0 views

cointelegraph.com/...ed-before-bitcoin-etf-approval

Bitcoin CryptoAssets Fintech Regulation ETFs

shared by John Kiff on 07 Jun 19 - No Cached

John Kiff on 07 Jun 19

US SEC Chair Clayton said that the SEC needs to feel comfortable with crypto custody and ensure no market manipulation can take place before approving a crypto exchange-traded fund.

<div class="cArrow"> </div><div class="cContentInner">US SEC Chair Clayton said that the SEC needs to feel comfortable with crypto custody and ensure no market manipulation can take place before approving a crypto exchange-traded fund. </div>

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