Kiffmeister’s Fintech Daily Digest 03/11/2020

~ kiffmeister
  • The Silicon Valley crypto startup cLabs, focused on mobile payments and the Celo blockchain project, is following another precedent from Facebook’s Libra playbook by launching an industry association through a separate Celo Foundation.
  • The Centrale Bank van Curaçao en Sint Maarten has contracted equensWorldline SE, a subsidiary of Worldline, to introduce an instant payments system on top of their current clearing & settlement system.
  • In ‘Why Financial Regulation Keeps Falling Short’, we identify the key drivers of this fundamental mismatch between finance and financial regulation, demonstrate how this mismatch contributes to undesirable policy outcomes, and lay the conceptual foundations for understanding how the processes governing how financial regulation is made can be improved in ways that help close this gap.
Posted from Diigo. The rest of my favorite links are here.

Published by kiffmeister

The Kiffmeister is a former Senior Financial Sector Expert at the International Monetary Fund.