Chris Skinner

JUNE 2, 2016

So I just attended a really interesting two day meeting that covered all things blockchain, regulations, innovation and more. I’ll blog about the bits I can in the next few days, and thought I’d start with an overview of the Financial Conduct Authority’s (FCA) Regulatory Sandbox and Project Innovate.

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Insights on Business

JANUARY 25, 2019

It is that time of year when we do an annual review of the blogs our readers viewed the most on our Insights on Banking blog. Looking at the top five blog entries of 2018, we see that using technology to meet the ever-increasing scale and rate of regulatory change is top of mind for financial service organizations.

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Chris Skinner

JULY 24, 2018

Building on yesterday’s discussions of regulating, I got copied on a letter that’s doing the rounds from Sam Woods, Deputy Governor of the PRA (the Prudential Regulatory Authority). It lays out the official position and expectations of the regulator when financial insitutions are dealing with crypto-assets.

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CFPB Monitor

MAY 3, 2022

On April 28, 2022 the New York Department of Financial Services (“NYDFS”) issued its Guidance on Use of Blockchain Analytics , a document directed to all virtual currency business entities that either have a NYDFS Bitlicense or are chartered as a limited purpose trust company under the New York Banking Law.

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PYMNTS

JUNE 19, 2019

Libra may have dominated the news so far this week — and, of course, the new cryptocurrency announced by Facebook is underpinned by blockchain. To that end, the MediLedger project debuted a new pilot program this week, billed as a cross-industry initiative that eyes using blockchain for drug supply chains.

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PYMNTS

APRIL 14, 2019

The International Monetary Fund ( IMF ) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.”. In addition, Learning Coin’s app will serve as a “hub for knowledge” where blogs, research, videos and presentations can be stored.

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Chris Skinner

SEPTEMBER 18, 2017

As part of the blockchain conference, I chaired a session with some central bankers talking about their views on distributed ledger technologies. These central banks have run trials and are thinking about it, but none of them are particularly big on blockchain right now.

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Perficient

MARCH 3, 2023

In our first blog in this series, Blockchain: The Secret Sauce to Supply Chain Visibility , we covered why visibility is so crucial in the supply chain for all parties and gave examples of firms using distributed ledgers to help improve customer service, reduce inventory costs, provide proactive status updates, and help mitigate risk.

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PYMNTS

MARCH 14, 2018

.” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. This balance of optimism and realism is taking over the blockchain space as of late. But the segment also warned to temper the hype with healthy skepticism.

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Chris Skinner

JANUARY 31, 2017

A bigger question must also be: how can a regulatory check that a bank is compliant with their regulatory changes, if their regulations change every 12 minutes are run to 1,000’s of pages? The answer is they can’t, but they don’t … The post The Semantic Regulator (#RegTech Rules) appeared first on Chris Skinner's blog.

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PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government isn’t the only jurisdiction going hot and cold on blockchain.

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PYMNTS

APRIL 20, 2020

Two law researchers say regulators should take the cryptomarket into serious consideration, according to an Oxford Law blog post. An NDRC subsidiary has been moving on a new blockchain service network that would give firms access to the necessary tools to create applications based on the blockchain.

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PYMNTS

MARCH 21, 2018

The blockchain hype is real — just ask Long Blockchain — but governments are taking a modest, more realistic approach to the technology. In this week’s Blockchain Tracker , PYMNTS examines the latest government initiatives in the U.S. around blockchain, including the latest from the Federal Trade Commission (FTC) and Congress.

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Chris Skinner

APRIL 28, 2020

Having announced their idea to create a global currency last summer, and then see it ripped to pieces by regulators, they’re back. appeared first on Chris Skinner's blog. Yes, it’s Libra 2.0. What’s … The post Is Facebook’s Libra the next Paypal?

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Chris Skinner

FEBRUARY 24, 2017

I wrote a blog the other day for The Next Web. Then FinTech has also gained subcategories like Lending, Analytics, Digital Identity, Cybersecurity, SME Finance, Financial Inclusion, Payments, Roboadvice, Blockchain Distributed Ledgers, Neobanking and more. I thought it was ok, and it has gained a lot of traction socially.

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PYMNTS

DECEMBER 11, 2020

London challenger bank Revolut has rolled out four new cryptocurrencies — EOS, OMG Network, Tezos and 0x — for users in the Europe Economic Area (EEA), the company said in a blog post on Thursday (Dec. Blockchain-based EOS enables the development, hosting and execution of decentralized applications (dApps).

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FICO

MAY 25, 2023

Home Blog Feed test AI Development Can’t Be Paused—But It Can Be Regulated Since Generative AI is here to stay, ChatGPT’s base grew by 9,900% in 60 days, with 1.8 But it is possible to mitigate further wrongs by regulating artificial intelligence, and I believe effective proposed regulation should start from organizations using AI.

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Abrigo

JULY 22, 2022

Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. The future of traditional bank involvement and regulations. You might also like this whitepaper, "Understanding Cryptocurrency." DOWNLOAD WHITEPAPER. What's next.

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Chris Skinner

JUNE 19, 2019

I’ve blogged a few times about Facebook planning to launch a currency … Will Facebook become the world’s central bank? … and the fact that most regulators won’t like it. If Facebook launch a cryptocurrency, will US government shut it down?

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PYMNTS

JANUARY 5, 2020

Regulators are moving forward with a criminal case against Meenavalii. . The fate of cryptocurrency in the next decade was pondered by Brian Armstrong , CEO and co-founder of Coinbase, in his Medium blog on Friday (Jan. He also said that in the coming decade there will just be one blockchain, but it will be private and scalable. “By

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Chris Skinner

JULY 11, 2019

A lot of discussion at the United Nations, where I’ve been all week (blogging about that next week), has raised the question of Libra, the Facebook digital currency.

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Chris Skinner

OCTOBER 6, 2019

As I expected, regulators hate it and are asking lots of questions about it. … The post Facebook has forced the world’s banks to innovate appeared first on Chris Skinner's blog. It’s been interesting to watch the development of Facebook’s Libra project. Most seem to want to ban it.

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Chris Skinner

JUNE 5, 2016

Our main stories of this week includes … Regulations, Innovations, Sandboxes and #RegTech So I just attended a really interesting two day meeting that covered all things blockchain, regulations, innovation and more.

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Chris Skinner

NOVEMBER 8, 2017

Regulator could open banking to tech giants Revolut is applying for a European banking license to become a true bank State Bank of India Launches Blockchain Technology-Based Know … The post Things worth reading: 9th November 2017 appeared first on Chris Skinner's blog. Facebook Financial?

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PYMNTS

DECEMBER 11, 2020

London challenger bank Revolut has rolled out four new crypto tokens — EOS, OMG Network, Tezos and 0x — for users in the Europe Economic Area (EEA), the company said in a blog post on Thursday (Dec. Blockchain-based EOS enables the development, hosting and execution of decentralized applications (dApps).

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PYMNTS

FEBRUARY 15, 2019

He said he regretted calling bitcoin a fraud, and that the blockchain was a genuinely interesting technology with potential. However Dimon feels about bitcoin these days, JPMC apparently isn’t feeling quite as dimly about the future of blockchain and crypto as its CEO once did. Yesterday (Feb. 14), it became the first major U.S.

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PYMNTS

NOVEMBER 19, 2019

We want to thank our community and all businesses so far who have trusted Cashaa to solve their banking problems,” said Janina Lowisz, co-founder and VP of marketing, in a blog post. regulated partner entities. Founded in 2014, Peersafe provides infrastructure for blockchain-based platforms across China, including the government.

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Chris Skinner

JUNE 18, 2018

The Bank for International Settlements (BIS), the guys who are responsible for Basel regulations and act as the global central bank to all the central banks, caught global headlines yesterday by saying that bitcoin will break the internet.

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Chris Skinner

MAY 22, 2016

Things we’re reading today include … Peer-to-peer lenders will never challenge the banks, says Deloitte It’s not over yet for the cheque Brexit can only damage UK’s financial hub Brexit can only damage UK’s financial hub ‘Blockchain could be transformative’ US bank branches defy transactions slump MP urges City regulator to impose (..)

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NCR

NOVEMBER 11, 2016

If recent forecasts from the World Economic Forum (WEF) are to be believed, blockchain – the technology behind bitcoin – is set to become “the beating heart of the financial system” But some in the industry might not be entirely clear about what blockchain even is, let alone the impact it could have on how banks do business.

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PYMNTS

AUGUST 3, 2020

’ ongoing development of a faster payments ecosystem has created space for digital assets and blockchain to play an increasingly important role in the landscape. “Being the world’s reserve currency, naturally regulators are going to take more time. In a conversation with PYMNTS, Long discussed how the U.S.’

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PYMNTS

AUGUST 20, 2019

Binance has announced plans to launch its blockchain project, Venus, to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. would be sent to our internal logs,” the company wrote in a blog post. Coinbase said it has fixed the bug.

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Chris Skinner

AUGUST 25, 2016

Things we’re reading today include … U.S. Things we’re reading today include … U.S.

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Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. And there are many others, spanning functions from KYC and data protection to anti-fraud and regulator solutions.

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Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. And there are many others, spanning functions from KYC and data protection to anti-fraud and regulator solutions.

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PYMNTS

OCTOBER 10, 2019

To reiterate, Alipay closely monitors over-the-counter transactions to identify irregular behavior, and ensure compliance with relevant regulations. account, and select the tier of verification required to achieve your desired withdrawal limits,” the company wrote in a blog post.

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Chris Skinner

MAY 26, 2017

They tell me that you can’t regulate the internet, and therefore you can’t regulate bitcoin. I beg to disagree as plenty of what’s on the internet is regulated, whether we like it or not. Hence, a good reason to buy some Ether, the digital currency that powers the Ethereum blockchain.

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