Published in Tokyo FinTech·2 days agoListed Crypto Mining CompaniesIf you would like to get exposure to crypto, and Bitcoin in particular, but are loathe to engage with centralized or decentralized crypto exchanges, you might consider investing in publicly listed mining companies through traditional stock exchanges. In the following, we have compiled a list of those companies listed on…Innovation3 min read
Published in Tokyo FinTech·Jan 21The neobank you always wanted to beIf you could choose to be one neobank, which one would you like to be? I would pick Nubank, the Brazilian FinTech that debuted on the NYSE in December. Nubank is the largest digital banking platform outside of Asia, with around 48 million customers, currently operating in its home market…Innovation4 min read
Published in Tokyo FinTech·Jan 15Tokyo FinTech Digest #8For us, the new year really only starts once we have the “Coming of Age Day” behind us, which falls on the second Monday in January. While most companies only start work on January 3, or even later, the first days of the new year are typically occupied by formal…Innovation3 min read
Published in Tokyo FinTech·Jan 13The chronicles of Mizuho’s system failuresHow badly do you need to mis-manage for your regulator to come to the following conclusion as to the root cause of your troubles? Disregard for system-related risks and expertise Disregard for the actual situation of the IT section Lack of sensitivity to the impact on customers and disregard for…Innovation4 min read
Published in Tokyo FinTech·Jan 13It’s hard to say goodbye if you won’t leaveEditor’s note: Just after publishing this article, Citi announced it has reached agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam. In April 2021, Citigroup announced a strategic decision to pursue exits from its consumer banking franchises in 13 markets…Innovation4 min read
Published in Tokyo FinTech·Jan 1The UK Open Banking debateIn the UK, a fierce discussion among FinTech startups has been triggered by Anne Boden’s — Founder and CEO of Starling Bank — comments in front of the Treasury Committee in October, where she described Open Banking “has not been a success”. The FinTech Founders group responded to this with…Innovation5 min read
Published in Tokyo FinTech·Dec 31, 2021Korea grants 29 Virtual Asset Service Providers (VASPs) approvalThe Korea Financial Intelligence Unit (KoFIU) has announced the results of the business registration review on Virtual Asset Service Providers (VASPs) on December 23. Out of 42 VASPs that have filed registrations with the authority, the KoFIU has approved 29 entities, with the decision on five entities being postponed and…Innovation2 min read
Published in Tokyo FinTech·Dec 20, 2021Blockchain Systemization of KnowledgeKostas Kryptos published a fantastic reading list on LinkedIn, with several comprehensive Systemization of Knowledge (SoK) papers, that would be valuable for anybody onboarding in this space. We have reproduced this list here with direct links to the pdf files to aid distribution to our community. SoK: Research Perspectives and…Blockchain2 min read
Published in Tokyo FinTech·Dec 18, 2021Central Bank Digital Currency LibraryThe sleepy world of Central Banks is not quite as sleepy anymore. Shaken up by a torrid pace of private sector innovation, with Facebook’s Libra (now Meta’s Diem) a popular threat in addition to the entire cryptocurrency space, as well as China aggressively pushing Digital Yuan development to ultimately challenge…Fintech5 min read
Published in Tokyo FinTech·Nov 14, 2021Made in Japan, by Japan, with JapanKen Shibusawa, the great-great-grandson of Eiichi Shibusawa (1840–1931), was guest of a webinar jointly hosted by the Japan Society and the Portland Japanese Garden to honor the 90th anniversary of the passing of the “father of Japanese capitalism. Long forgotten, even Ken discovered Eiichi Shibusawa’s leadership in the modernization of…Japan3 min read
