Category Archives: Uncategorized

xxx It is a fair question to ask whether there should be state regulation of virtual currency. From Virtual currency needs one regulator, not 50 | American Banker It is, I would imagine,  a byproduct of state regulation of banks.

The good people at BBVA Research recently published a paper on central bank digital currencies (Central Bank Digital Currencies, Gouveia et al, March 2017) in which, amongst other conclusions, the authors say that “we also consider it likely that a scenario in which CBDC is anonymous, universal and non-yield bearing will be implemented”. But whyContinue reading “Money and intelligent design”

I had the honour to chair one of my favourite fintech entrepreneurs, Mike Laven of CurrencyCloud, at this years MoneyConf in Madrid. President Trump: Replace The Dollar With Gold As The Global Currency To Make America Great Again From President Trump: Replace The Dollar With Gold As The Global Currency To Make America Great AgainContinue reading “President Trump: Replace The Dollar With Gold As The Global Currency To Make America Great Again”

xxx The OBWG’s proposals envisaged open APIs being used in a broader context than the payments market which PSD2 standards will apply to, as well as the limited scope of the CMA’s project on business and consumer current accounts. From Initiatives on open APIs in banking must be joined up, says expert xxx

As you may remember, in the UK, the Payment Systems Regulator (PSR) asked the Payment Strategy Forum (PSF) to come up with a strategy to increase competition and innovation. This strategy, published in November last year, has a number of different threads to it, but one is that of particular interest to us is theContinue reading “‘Payments architecture’ set for major modernisation in the UK”

xxx The second payment services directive (PSD2) is designed to boost competition in the name of “open banking” by forcing banks to allow third parties, such as innovative financial technology companies, to access the data of customers who authorise it… But fintech bosses said the fine print of PSD2 was being written in a wayContinue reading “Subscribe to read – Linkis.com”

xxx One of the key goals for DLT platforms is to eventually get “cash on-ledger” issued by one or more central bank.  From Layer 2 and settlement | Great Wall of Numbers xxx

xxx [Bank of Canada] argues that “well designed and managed private digital currencies could circulate widely but only with appropriate government regulation to ensure their safety, soundness, and uniformity”. From Private digital currencies need regulation to flourish – Bank of Ca… xxx

xxx The Bank of England has made “big improvements” in its ability to forecast the UK economy, the Bank’s chief economist has told MPs. Andy Haldane… acknowledged that “sizeable” economic forecasting errors had been made in the past, especially at the time of the 2008 financial crisis. From Bank of England ‘has improved’ its economicContinue reading “Bank of England ‘has improved’ its economic forecasting – BBC News”

xxx “The problem with the internet is that everyone is allowed to hide and no one knows who you are. I think if we can see everybody, if you put your reputation behind everything, and that will fix things like fake news. That will stop you from putting out false information.” From Revel co-founder’s new startup aimsContinue reading “Revel co-founder’s new startup aims to build a web of authentic identities | TechCrunch”