From bankcards, digital cash to totalitarian digital currency? Alternative perspective on bankcard fraud

A bankcard is a payment instrument, you use it to exercise your purchasing power. But is a card the best instrument to use in a world of online fraud, hacking, malware and the rest....

First

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Regulation vs. Innovation in the Internet of Value

  Sometimes regulation is the necessary impetus to unleash the growth of groundbreaking innovations. It took an Act of Parliament to authorise the build of a train line from Liverpool to Manchester, the first modern...

Easier to set up a Bank than a Virtual Currency Exchange? Impact of EBA’s...

On 11 August 2016, the EBA wrote an Opinion on the application of 4AMLD to VC exchanges and wallets. The EBA mentions that VC exchanges and wallets operating in multiple countries in the EU “may...

Digital Asset Credit Union

The best regulated businesses should have the lightest infrastructure. The beautiful thing about bitcoin is that you are decentralising security to the rest of the network and that is something to be harnessed. My favourite idea...

Bitcoin is the first digital commodity per se. Nothing compares.

I genuinely believe that the biggest value of bitcoin is that it is a commodity with intrinsic value that is electronically transferrable. It takes all the benefits of gold, silver other precious metals in...

ID Cash – the best of cash and none of its risks

As the world becomes cashless what will happen to the notes? Apparently De La Rue (the world’s largest producer of cash) is cutting its production lines in half. The reason for the cut back...

Solve ‘de-risking’ by the Bank of England opening accounts for fintech startups

Solve ‘de-risking’ by the Bank of England opening accounts for fintech startups Source: DIACLE

IMTC

 IMTC panel in Miami. Great to see the mix of real world remittance meet the blockchain and its promise of cheaper/more efficient remittances. Source: DIACLE

Digital tokens – a regulatory perspective

Terminology Loosely we are using the word ‘tokens’ to provide a neutral definition for this technology. The key distinction from a regulatory point of view is whether the token is a digital currency which will...