Best content in Fintech Daily Digest

Privacy risks dash funds' alternative data dreams - 0 views

www.risk.net/...-funds-alternative-data-dreams

Data BigData Fintech

shared by John Kiff on 15 Apr 19 - No Cached

John Kiff on 15 Apr 19

Alternative data could be a rich source of alpha, but most asset managers are handling it more like high grade explosives due to the risk of privacy violations.

<div class="cArrow"> </div><div class="cContentInner">Alternative data could be a rich source of alpha, but most asset managers are handling it more like high grade explosives due to the risk of privacy violations.</div>

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What Happened When The DEA Demanded Passwords From LastPass - 0 views

www.forbes.com/...manded-passwords-from-lastpass

Fintech CyberRisk

shared by John Kiff on 14 Apr 19 -

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John Kiff on 14 Apr 19

The US Drug Enforcement Administration demanded a suspected drug dealer's passwords from LastPass (an encrypted vault for storing passwords). LastPass told them to take a hike although it did hand over IP addresses used by the suspect and information about the account's creation and usage.

<div class="cArrow"> </div><div class="cContentInner">The US Drug Enforcement Administration demanded a suspected drug dealer's passwords from LastPass (an encrypted vault for storing passwords). LastPass told them to take a hike although it did hand over IP addresses used by the suspect and information about the account's creation and usage.</div>

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Cambodia's National Bank Working on Blockchain-Based Payment System Renewal - 0 views

www.hyperledger.org/...ies-zilya-yagafarova-soramitsu

Fintech Blockchain CryptoAssets CBDC

shared by John Kiff on 14 Apr 19 -

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John Kiff on 14 Apr 19

The National Bank of Cambodia's Project Bakong is a Hyperledger Iroha-based payment system renewal project. A pilot with dozens of banks will soon be launched. The ultimate target is to provide instant payments via a mobile app.

<div class="cArrow"> </div><div class="cContentInner">The National Bank of Cambodia's Project Bakong is a Hyperledger Iroha-based payment system renewal project. A pilot with dozens of banks will soon be launched. The ultimate target is to provide instant payments via a mobile app.</div>

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IMF and World Bank explore crypto merits with blockchain project - 0 views

www.ft.com/...46-5d5a-11e9-939a-341f5ada9d40

Fintech CryptoAssets Blockchain

shared by John Kiff on 13 Apr 19 -

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John Kiff on 13 Apr 19

The Learning Coin project is a distributed ledger technology teaching tool for IMF and World Bank staff. LCs are quasi-crypto-assets issued on a private blockchain accessible only to IMF and WB staff. LCs are earned by completing learning assignments.

<div class="cArrow"> </div><div class="cContentInner">The Learning Coin project is a distributed ledger technology teaching tool for IMF and World Bank staff. LCs are quasi-crypto-assets issued on a private blockchain accessible only to IMF and WB staff. LCs are earned by completing learning assignments. </div>

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Central Banks and the Future of Money | C.D. Howe Institute - 0 views

www.cdhowe.org/...central-banks-and-future-money

Fintech CBDC

shared by John Kiff on 12 Apr 19 - No Cached

John Kiff on 12 Apr 19

Central banks around the world are now giving serious consideration to the pros and cons of making central bank digital currencies available to the general public, says a new study from the C.D. Howe Institute.

<div class="cArrow"> </div><div class="cContentInner">Central banks around the world are now giving serious consideration to the pros and cons of making central bank digital currencies available to the general public, says a new study from the C.D. Howe Institute.</div>

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Swiss Government Proposes DLT-Uncertificated Rights with Securities Nature - 0 views

www.mll-legal.com/...s-dlt-uncertificated-rights-wi

Fintech Blockchain Regulation

shared by John Kiff on 12 Apr 19 -

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John Kiff on 12 Apr 19

The Swiss Federal Council has initiated a public consultation on the adaptation of specific federal law provisions to developments in DLT and blockchain, after publishing a very comprehensive report on DLT and blockchain in last December. http://www.mll-legal.com/news-events/news/details/crypto-nation-switzerland-moves-forward-fast-swiss-government-proposes-dlt-uncertificated-rights-wi/

<div class="cArrow"> </div><div class="cContentInner">The Swiss Federal Council has initiated a public consultation on the adaptation of specific federal law provisions to developments in DLT and blockchain, after publishing a very comprehensive report on DLT and blockchain in last December. <a href="http://www.mll-legal.com/news-events/news/details/crypto-nation-switzerland-moves-forward-fast-swiss-government-proposes-dlt-uncertificated-rights-wi/" rel="nofollow" target="_blank">http://www.mll-legal.com/news-events/news/details/crypto-nation-switzerland-moves-forward-fast-swiss-government-proposes-dlt-uncertificated-rights-wi/</a></div>

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'Onerous' FATF Recommendations Harmful for Crypto Transparency: Chainalysis - CoinDesk - 0 views

www.coindesk.com/armful-for-crypto-transparency

AMLCFT CryptoAssets

shared by John Kiff on 12 Apr 19 - No Cached

John Kiff on 12 Apr 19

Chainalysis says It's unrealistic and bad to expect crypto exchanges to send KYC information to recipient platforms with every transaction, in response to a draft FATF recommendation.

<div class="cArrow"> </div><div class="cContentInner">Chainalysis says It's unrealistic and bad to expect crypto exchanges to send KYC information to recipient platforms with every transaction, in response to a draft FATF recommendation. </div>

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Privacy 'poisoning' poses threat to companies using blockchain - 0 views

www.rollcall.com/...-to-companies-using-blockchain

Fintech Blockchain CyberRisk

shared by John Kiff on 11 Apr 19 -

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John Kiff on 11 Apr 19

A "privacy "poisoning" the cyber attack involves loading private data, such as names, addresses and credit card numbers, or illegal material, such as child pornography, into a blockchain, therefore putting the network in conflict with local laws, making the affected chain and its data useless.

<div class="cArrow"> </div><div class="cContentInner">A "privacy "poisoning" the cyber attack involves loading private data, such as names, addresses and credit card numbers, or illegal material, such as child pornography, into a blockchain, therefore putting the network in conflict with local laws, making the affected chain and its data useless.</div>

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Spend crypto instantly with Coinbase Card - 0 views

blog.coinbase.com/ith-coinbase-card-4c840e59a8d8

Liquidity CryptoAssets Fintech

shared by John Kiff on 11 Apr 19 - No Cached

John Kiff on 11 Apr 19

Cryptocurrency exchange Coinbase has launched a Visa debit card allowing customers in the U.K. and EU to spend their cryptocurrencies directly from their Coinbase accounts.

<div class="cArrow"> </div><div class="cContentInner">Cryptocurrency exchange Coinbase has launched a Visa debit card allowing customers in the U.K. and EU to spend their cryptocurrencies directly from their Coinbase accounts.</div>

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Philippines Now Has 10 Approved Cryptocurrency Exchanges - 0 views

bitcoinschannel.com/roved-cryptocurrency-exchanges

Fintech CryptoAssets Liquidity Regulation

shared by John Kiff on 10 Apr 19 -

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John Kiff on 10 Apr 19

The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far.

<div class="cArrow"> </div><div class="cContentInner">The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far.</div>

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Mauritius Issues Regulatory Guidance on Security Token Offerings - 0 views

www.coindesk.com/ce-on-security-token-offerings

Fintech CryptoAssets STOs Regulation

shared by John Kiff on 10 Apr 19 -

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John Kiff on 10 Apr 19

"The Mauritius Financial Services Commission (FSC) has clarified the rules applying to projects launching security token offerings (STOs). In guidance published Monday, the FSC said that security tokens are classed as securities as defined in the country's Securities Act 2005, but in digital form."

<div class="cArrow"> </div><div class="cContentInner">"The Mauritius Financial Services Commission (FSC) has clarified the rules applying to projects launching security token offerings (STOs). In guidance published Monday, the FSC said that security tokens are classed as securities as defined in the country's Securities Act 2005, but in digital form."</div>

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Data laws for the digital age - 0 views

www.payments.ca/...data-laws-digital-age

Regulation Data Fintech

shared by John Kiff on 10 Apr 19 - No Cached

John Kiff on 10 Apr 19

In an increasingly information-driven world, legal frameworks governing the sharing and use of data in payment services - and awareness of their unintended consequences - are of critical importance. This article explores the dynamics between modernized privacy laws in the European Union (namely, GDPR) and open banking initiatives (namely, PSD2).

<div class="cArrow"> </div><div class="cContentInner">In an increasingly information-driven world, legal frameworks governing the sharing and use of data in payment services - and awareness of their unintended consequences - are of critical importance. This article explores the dynamics between modernized privacy laws in the European Union (namely, GDPR) and open banking initiatives (namely, PSD2).</div>

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Blockchain Firm Digital Asset and ISDA Eye Smart Contract Use in Derivatives Trading - 0 views

cointelegraph.com/...act-use-in-derivatives-trading

SmartContracts Plumbing Derivatives Blockchain Fintech

shared by John Kiff on 10 Apr 19 - No Cached

John Kiff on 10 Apr 19

Digital Asset is collaborating with ISDA to develop a new tool that can support the use of smart contracts for derivatives trading. The collaboration focuses on creating interoperable technical solutions that advance standardization to allow for greater automation of derivatives trade management.

<div class="cArrow"> </div><div class="cContentInner">Digital Asset is collaborating with ISDA to develop a new tool that can support the use of smart contracts for derivatives trading. The collaboration focuses on creating interoperable technical solutions that advance standardization to allow for greater automation of derivatives trade management.</div>

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Smart weaponry aids bank fight against money laundering - 0 views

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

AMLCFT Regulation Fintech

shared by John Kiff on 10 Apr 19 - No Cached

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

shared by John Kiff on 09 Apr 19 -

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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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