blockchain

bitcoin, blockchain, CBDC, clearing house, crypto regulation, cryptocurrencies, DLT, DTCC, Federal Reserve Bank of Philadelphia, GSR Capital, KeyTango, MPC, options, Securities and Exchange Commission, Trade Information Warehouse

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. The Block: crypto clearinghouse places trades without collecting collateral in decentralization push KeyTango,…

HQLAx completes demonstration of blockchain securities lending model, plans Nov 2019 launch

September 24, 2019

News and Notes

blockchain, HQLAx, Securities Lending

With the execution of multiple simulation transactions by several global banks including Commerzbank and ING, HQLAˣ successfully demonstrated its operating model, an innovative blockchain based solution for collateral swaps in…

Institutional crypto weekly roundup

September 23, 2019

Bank for International Settlements, Benoît Cœuré, blockchain, CPMI, Finteum, Fnality, FX, stablecoins, utility settlement coin

Fnality builds on utility settlement coin for FX trading without settlement risk Fnality and blockchain platform Finteum announced they are working together to deliver interoperability between the Finteum application, built…

Institutional crypto weekly roundup

September 19, 2019

Bank for International Settlements, BIS, blockchain, BNY Mellon, CPMI, crypto derivatives, crypto regulation, digital asset servicing, stablecoins, VanEck

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. Reuters: Germany passes blockchain strategy to fight parallel currencies Germany has passed a…

Blockchain Week: enterprise adoption is in the “age of consortia”

September 16, 2019

Blockchain

blockchain, crypto regulations, CSDs, DLT, Enterprise Ethereum Alliance, Fnality, ISITC, J.P. Morgan, topstory, UBS, utility settlement coin

When it comes to blockchain for enterprises, adoption is moving forward via consortium but is hitting a wall without regulations, said speakers at a recent Blockchain Week conference event in…

US regulators did something about crypto research fraud: where are we now?

September 2, 2019

Blockchain, Technology

blockchain, crypto regulation, cryptocurrencies, fraud, ICORating, Securities and Exchange Commission, topstory

In a move that seems to have surprised nobody, the Securities and Exchange Commission fined an ICO research firm with misleading practices. Russia-based ICORating agreed to pay almost $270k to…

Capital markets blockchain weekly roundup

August 15, 2019

Barclays, blockchain, CBDC, Coinbase, digitization, exchanges, fintech, PBOC

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. CoinDesk: Barclays ends banking relationship with crypto exchange Coinbase Barclays is no longer working…

Capital markets blockchain weekly roundup

August 6, 2019

blockchain, crypto regulation, Securities and Exchange Commission, Singapore

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. SEC’s Peirce talks about “non-exclusive safe harbor” for tokens in Singapore The Singapore University…

Capital markets blockchain weekly roundup

August 1, 2019

AWS, blockchain, CBDC, crypto assets, crypto regulation, FCA, MAS, Project Ubin, settlement, SGX

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. Crypto fund Incrementum’s report compares Libra v XRP in global currency competition Corporations like…

CAIA: quantum computing will mess up all expectations

July 16, 2019

blockchain, CAIA, Quantum Computing

Advances in quantum computing could be a disruptive development for just about every business with an IT department, writes the Chartered Alternative Investment Analyst (CAIA) Association. Among much else, quantum…

India’s YES Bank makes blockchain commercial paper issuance

July 11, 2019

News and Notes, News and Notes – Fintech

blockchain, Commercial Paper, India, YES Bank

Financial technology solutions provider MonetaGo has today announced that a commercial paper has been digitally issued in Asia for the first time using blockchain technology. MonetaGo completed this transaction through…

Capital markets blockchain weekly roundup

July 10, 2019

blockchain, data management, NIST, smart contracts

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. SEC and FINRA release joint statement on broker-dealer custody of digital asset securities Market…

Cyber report: what’s happening for security in finance

July 9, 2019

Technology

artificial intelligence, blockchain, cybersecurity, quantum security, topstory

Data is a currency experiencing exponential growth, and cyber criminals are only too aware of it as the implementation of advanced technologies across industries creates “terrifying” new attack surfaces. Moreover,…

Reuters: L&G picks Amazon for first pensions blockchain deal

June 28, 2019

AWS, blockchain, Legal & General, pensions

British insurer Legal & General has teamed up with Amazon to establish what it said is the first blockchain system for corporate pension deals. The insurer said it would use…

Fintech weekly deals and partnerships roundup

FT: Vanguard and Ant Financial team up for mutual funds adoption in China Pennsylvania-based Vanguard has just agreed an investment advisory joint venture with Ant, a subsidiary of the Chinese…

Alibaba’s CVaaS: machines advance in reading and writing code

June 23, 2019

Artificial Intelligence, Technology

AI, Alibaba, AutoML, Big Data, blockchain, Bynet Expo, cloud, computer vision, machine learning

Last week, we stopped by ICT event Bynet Expo in Tel Aviv to see what’s being said about the AI, big data and blockchain spaces. Alibaba’s “Computer Vision as a…

Brazil’s regulators to create emerging technologies sandbox

June 19, 2019

artificial intelligence, blockchain, Brazil, Regulation, sandbox

Four Brazilian financial authorities (Special Finance Secretariat of the Ministry of Economy, Central Bank of Brazil, Securities Commission and Superintendency of Private Insurance) announced the intention to implement a regulatory…

Fintech weekly deals and partnerships roundup

ECB picks SIA And Colt for Eurosystem’s payments, securities and collateral infrastructures SIA, in partnership with Colt Technology Services, was awarded a 10-year license from a tender commissioned by the…

Regtech at crossroads: are more prescriptive vendor standards coming?

June 17, 2019

Artificial Intelligence, Technology

artificial intelligence, ASIC, blockchain, FCA, ICMA, machine learning, regtech

It’s becoming apparent that technology alone isn’t the answer for regulatory compliance, so what is? We spoke with JWG Group after its annual RegTech Capital Markets Conference to find out…

Reuters: blockchain needs to reconcile with settlement finality

June 15, 2019

blockchain, Clearing, DTCC, settlement

One area that has been often cited as a natural home for blockchain has been the clearing and settlement process in equity markets. Proponents have argued that the process could…

L&G launches world’s first blockchain reinsurance platform

June 12, 2019

blockchain, insurance firms, Legal & General

Legal & General Group announced the launch of estua-re, the first pension risk transfer execution platform driven by blockchain technology. It is a single ecosystem capable of driving every stage…

Are security tokens really a flop? We look back at predictions.

June 11, 2019

Blockchain, Technology

blockchain, security tokens, STOs

A recent article from Forbes came with a reminder of year-end predictions for institutional crypto, in particular how security tokens would roll out. The article, titled “Security tokens were supposed…

FSB report considers implications of decentralized financial technologies

June 6, 2019

blockchain, decentralized, DLT, fintech, FSB, G20

The Financial Stability Board (FSB) published a report on decentralised financial technologies. This report considers the financial stability, regulatory and governance implications of the use of decentralized financial technologies such…

CFTC’s Giancarlo takes stock of blockchain and “exponential” tech

June 5, 2019

blockchain, CFTC, crypto regulation, cryptocurrencies, DLT, fintech, Giancarlo

Excerpts from remarks of CFTC chair Christopher Giancarlo at Commissione Nazionale per le Societa e la Borsa (CONSOB), Rome, Italy, June 3, 2019, “The New Futurism: 21st Century Financial Markets,…

SCMP: Ping An plans to be advanced tech provider for Hong Kong banks

June 5, 2019

artificial intelligence, bigtech, blockchain, China, Hong Kong, NLP, Ping An

Ping An OneConnect, a virtual bank licence holder and the fintech arm of Ping An Insurance, is developing a range of technology that can help manage fraud and loan default…

MC: blockchain is a “game changer” for collateral management

May 31, 2019

Accenture, blockchain, collateral management

Implementation of blockchain in collateral management, if successful, can help stakeholders reduce operational costs and increase visibility on existing collateral, write Rajeev Nair and Sandip Sinha from Accenture Advanced Technology…

Bloomberg: Bundesbank prez says blockchain settlement slow and costly

May 31, 2019

blockchain, Bundesbank, settlement

A trial project using blockchain to transfer and settle securities and cash proved more costly and less speedy than the traditional way, Germany’s central bank president said. The experiment, launched…

CoinDesk: J.P. Morgan adds anonymity features to its blockchain

May 31, 2019

blockchain, crypto assets, Ethereum, J.P. Morgan, Quorum

J.P. Morgan’s blockchain team has developed a privacy feature for Ethereum-based blockchains, obscuring not only how much money is being sent but who is sending it. The bank has built…

Fintech weekly deals and partnerships round-up

WeBank and SwissRe team up for insurance AI WeBank and SwissRe announced an MoU signing towards cooperation focusin on Federated Learning, one of the latest developments in the world of…

Calastone migrates entire global funds network to blockchain infrastructure

May 21, 2019

blockchain, Calastone, DLT, mutual funds

The technology underpinning Calastone’s network has now been migrated to a blockchain-enabled market infrastructure. The migration of Calastone’s global network of more than 1,800 customers across 41 markets is a…

ESG, blockchain, LatAm fintech on private equity agenda

May 21, 2019

blockchain, ESG, Latin America, private equity

A wide array of issues related to fintech were discussed during IFC’s 21st annual Global Private Equity Conference (GPEC) in association with EMPEA (Emerging Markets Private Equity Association). The IFC…

Fintech weekly deals and partnerships round-up

May 21, 2019

blockchain, Clearing, Commonwealth Bank of Australia, DLT, Fnality, JSE, Nasdaq, settlement tokens, UBS, utility settlement coin, World Bank

ABN AMRO, ING, OCBC and Macquarie among banks launching digital blockchain platform Together with top commodity industry players and financial institutions, ABN AMRO is exploring the options to launch Forcefield,…

Microsoft Azure develops decentralized ID system built on bitcoin

May 20, 2019

bitcoin, blockchain, ID technology, Microsoft Azure

Microsoft’s cloud computing service, Azure, announced the development of a sidetree protocol-based DID network, called ION (Identity Overlay Network) which runs atop the bitcoin blockchain based on an emerging set…

Moody’s report details how blockchain is shaking up securitizations

May 14, 2019

Blockchain, Securitization, Technology

blockchain, DLT, Moody's, securitizations, topstory

Blockchain technology and in particular the use of smart contracts will streamline the securitization process with regards to portfolio selection and performance reporting, said Moody’s in a recent report. And…

FBI: quantum enhanced blockchain – sooner than you think?

May 13, 2019

blockchain, Quantum Computing

Future quantum computers will ultimately force blockchain solutions to adopt strengthened quantum safe crypto protocols. Rationally there remains plenty of time to act, but proponents need to get their transition…

Fintech weekly deals and partnerships roundup

CoinDesk: Santander, LSEG testing Nivaura’s blockchain-based floating rate bond Capital markets startup Nivaura has developed what it’s calling “the first commercially viable floating rate bond using blockchain technology,” and the…

Malaysia exchange plans securities lending blockchain

May 7, 2019

blockchain, exchanges, Malaysia, SBL

Bursa Malaysia announced it’s starting a securities borrowing and lending Proof-of-Concept, which is a first of its kind in the ASEAN, that explores blockchain technology to develop greater transparency and…

Bursa Malaysia launches POC for securities lending on blockchain

May 6, 2019

News and Notes

blockchain, Bursa Malaysia, Securities Lending

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) embarks on a securities borrowing and lending (“SBL”) Proof-of-Concept (“POC”) – a first of its kind in the ASEAN, that explores the…

Fintech weekly deals and partnerships roundup

BNY Mellon and AcadiaSoft team up for non-cleared margin outsourcing Buy-side derivatives market participants are now able to fully outsource their entire non-cleared margin workflow, via the market’s first end-to-end…

SETL blockchain firm announces restructuring completion

May 3, 2019

blockchain, setl

SETL, the London-based institutional payment and settlement infrastructure provider using blockchain technology, announced the completion of its corporate restructuring programme. The newly-formed SETL has acquired the operating assets, the staff…

Canada and Singapore central banks tout DLT cross-border experiment success

May 3, 2019

Accenture, Bank of Canada, blockchain, Central Bank Digital Currencies, J.P. Morgan, MAS, Quorum

The Bank of Canada and the Monetary Authority of Singapore (MAS) have conducted a successful experiment on cross-border and cross-currency payments using central bank digital currencies. The Jasper-Ubin project was carried…

Micky: ASX blockchain testing starts amid criticism

May 1, 2019

ASX, blockchain, Digital Asset

Early adopters have this week begun testing the ASX’s controversial world-leading equities blockchain. The ASX is moving all of its stock records from the decades old CHESS system (Clearing House…

SocGen’s covered bond unit does first issue on Ethereum

April 25, 2019

blockchain, covered bonds, DLT, Ethereum, Societe Generale

Societe Generale SFH, the covered bond vehicle of Societe Generale, issued a €100 million covered bond as a security token on the public blockchain, Ethereum. OFH Tokens have been rated…

Korea lets a blockchain seclending platform into the sandbox – should you care?

April 23, 2019

Asia, Blockchain, Securities Lending

blockchain, Directional, Korea, Securities Lending, topstory

Last week the Korea Financial Services Commission approved nine companies for its regulatory sandbox, giving them permission to experiment with new services and products without excessive regulatory burden. One of…

Santander, J.P. Morgan among members of Ethereum standards group building “token taxonomy” initiative

April 22, 2019

News and Notes – Fintech, Uncategorized

Banco Santander, blockchain, Digital Asset, Enterprise Ethereum Alliance, J.P. Morgan, tokens

The Enterprise Ethereum Alliance (EEA) announced the formation of the blockchain-neutral Token Taxonomy Initiative (TTI), which addresses the need to universally define tokens to better understand how their use and…

FT: J.P. Morgan opens IIN blockchain platform to payments and fintechs

April 22, 2019

blockchain, fintech, Interbank Information Network, J.P. Morgan, settlement

J.P. Morgan is to widen the use of the industry’s leading blockchain technology to help smooth the banking industry’s payment system while also inviting fintechs to experiment on how to…

What was said about crypto, blockchain and trust at IMF’s spring meeting

April 16, 2019

Blockchain, Technology

Benoît Cœuré, blockchain, Central Banks, Circle, crypto regulation, cryptoassets, ECB, IMF, J.P. Morgan, Kenya

In the digital currency world, there’s a phrase: “In crypto we trust”. And while IMF chief Christine Lagarde raised an eyebrow at the statement during a panel at the IMF’s…

France’s Le Maire: blockchain a competitive freedom in monopolistic world

April 16, 2019

blockchain, Bruno Le Maire, France