🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Absolutely wild to criticize anyone else for spending too much time on social media.

If I wanted to get smarter on the benefits and drawbacks of digitizing bearer instruments on distributed ledgers, where would I start? Any good articles or papers on this topic?

I'd have more respect for white collar criminals if they spent their ill-gotten gains on cooler stuff. For the most part, it's all fancy cars, vacation homes, and country club memberships. Boring.

Pretty funny tweet given that offering yield on payment stablecoins is blatantly against the spirit of the GENIUS Act.

We desperately need more objective data on crypto ownership and usage. Most of the data out there is from surveys conducted by crypto companies or advocacy organizations and it is embarrassingly bad. These surveys suggest that the total number of Americans who own crypto is

This is the exact experience that every mortgage servicer should be enabling for their customers.

“Losses are part of the plan.” Klarna’s BNPL model treats new markets like a lab experiment. They hand out $200 loans in new markets on purpose, testing who pays them back). Forget FICO; they’re building their own credit models. And why would they want to share that data with

The challenge in analyzing JPMorgan Chase's proposed pricing for open banking data access is that the pricing is trying to accomplish multiple goals. I think it's worth pulling those goals apart and trying to understand the motivations behind this aggressive move from JPMC. So,

Is Chase going to be the only bank charging for API access? I put that question to Bloomberg Law's Evan Weinberger on the Fintech Takes podcast. Short answer: Unlikely. Longer answer: Just ask PNC’s CEO, who gave Chase a standing ovation on an earnings call and said they’re

Stablecoins, Tokenized Deposits and the Race to Win the Future of Money. An absolute must-listen podcast with Alex Johnson. With GENIUS Act now law, will stablecoins replace banks? Or do banks secretly have the upper hand? Link in the replies:

Why would you use a stablecoin instead of a tokenized deposit? That is THE question that everyone is wrestling with right now. I don’t know the answer, but Rob and I did our best to explore it in this episode (along with some other fun topics!)

The framing of this tweet is very smart and rather amusing. It's almost like how you'd talk to someone during an intervention. "We're worried. This isn't like you. You're hurting the people around you."

And the Court granted the CFPB’s stay the 1033 litigation, pending the CFPB’s new rule making!! Wild stuff

New podcast just dropped 🎙️ It’s called Model Citizens, and it’s a six-part miniseries I’m doing with the team at FairPlay AI. The idea behind it is pretty simple: We’re at a weird moment in financial services where AI is accelerating, regulation is … wobbly, and compliance

It was fun to get a chance to cover breaking news that was breaking literally at the same time I was writing today's newsletter.

FICO is a black box model. We’ve treated it like gospel for decades, accepting its flaws because we’re used to it. Now AI models are under the same microscope … except the industry expects even more rigor and explainability. In Ep 3 of the new miniseries Model Citizens