|
|
|
|
|
BIG Weekly Newsletter
|
|
|
|
A Message To The Reader
|
|
|
Welcome to the BIG weekly Newsletter!
|
This week read about how Crypto Finance secures four Germany BaFin licence ahead of MICA, why Sui Foundation launches Blockchain Academy with UAE university and how ChainGPT introduces AI-Powered crypto trading platform.
|
Remember to listen to Unchained podcast with Laura Shin, where she dives into the week’s hottest news story, and then gives a rundown of the biggest headlines in the weekly news recap on Fridays.
|
We offer a free consultation with access to the blockchain insights. Book your free consultation with us here.
|
|
|
|
|
|
|
BIG EXPERTISE
|
|
|
Harness the power of blockchain with a trusted partner. BIG is transforming financial futures through strategic, compliant, and operational excellence.
|
- Proven Expertise: Architected and executed strategies for multiple global entities, seamlessly integrating digital assets and pioneering tokenization.
- Swiss Localization: Successfully onboarded several firms in Switzerland, optimizing their governance and fundraising capacities.
- Strategic Guidance: Elevated numerous projects to success with effective board and corporate structures.
- Tailored Solutions: Designed and deployed tailored products for several industry leaders, ensuring alignment with individual functional needs
- Seamless Integration: Managed end-to-end integrations for numerous service providers, ensuring smooth transitions to live operations.
- Project Mastery: Transformed numerous project concepts into operational successes, consistently meeting and exceeding client expectations.
- Regulatory Partnerships: Forged strong ties with legal specialists, SROs, and FINMA, setting the gold standard in regulatory navigation.
- Compliance Leadership: Rolled out internationally recognized compliance tools and frameworks, guiding best practices in the sector.
- Crypto Assurance: Pioneered innovative methods for cryptocurrency ownership verification, securing assets for multiple global entities.
- Operational Excellence: Spearheaded operational setups for several renowned industry leaders, championing peak performance.
- Cybersecurity Vanguard: Protected clients from numerous potential cyber threats, establishing a reputation for unmatched security.
- Infrastructure Prowess: Revolutionized IT for several firms with state-of-the-art setups and blockchain optimizations.
|
|
|
|
|
|
|
Crypto Finance secures four Germany BaFin licence ahead of MICA
Crypto Finance AG has achieved a significant milestone by obtaining four licenses from BaFin. The licenses, acquired for its subsidiary Crypto Finance , encompass regulated digital asset trading, settlement, and custody services in Germany.
|
|
|
|
|
|
|
Sui Foundation launches Blockchain Academy with UAE university
|
|
The establishment of the blockchain academy aligns with the emirate of Sharjah’s goal of becoming a hub for blockchain research and education. As blockchain technology attains more mainstream adoption, students show knowledge of technology.
|
|
|
|
|
|
|
ChainGPT introduces AI-Powered crypto trading platform
|
|
ChainGPT has unveiled a platform that brings AI-powered auto-trading to the world of cryptocurrencies. The launch of GT Protocol is made possible through a partnership with ChainGPT Pad, a launchpad and incubator supporting promising Web3 startups.
|
|
|
|
|
|
|
|
|
REGULATED DIGITAL ASSETS (STO, TRADING, CUSTODY, COMPLIANCE)
|
|
|
|
|
|
Digital asset startups adopt loyalty programs to engage users
|
|
Token airdrops, which involved distributing cryptocurrency tokens to users, were popular for digital asset startups. However, many airdrops failed to retain users, and regulatory scrutiny over token distribution has increased.
|
|
|
|
|
|
|
Obligate and Archax forge partnership to redefine digital asset management
|
|
As part of the collaboration, Obligate clients gain seamless on-ramp access from fiat into digital assets, leveraging Archax’s UK-regulated digital asset custody services.
|
|
|
|
|
|
|
ODX’s START, Japan’s market for security tokens to expand beyond real estate
|
|
The securities firms involved with the first tokens were SBI Securities and Daiwa Securities. Nomura Securities and SMBC Nikko Securities are expected to join the platform this year. Others have also approached the trading platform.
|
|
|
|
|
|
|
|
|
FINANCIAL SERVICES & CENTRAL BANK DIGITAL CURRENCY (CBDC)
|
|
|
|
|
|
Lugano’s second digital bond to be settled using CBDC
|
|
It follows a year after Lugano’s first CHF 100 million digital bond issuance. In both cases, the bond can be held in the SDX digital central securities depository (CSD) and the SIS conventional one.
|
|
|
|
|
|
|
India to look at offline solutions to aid CBDC adoption in rural areas
|
|
Several offline solutions, including proximity and non-proximity-based solutions, will be evaluated in hilly, rural and urban environments to achieve this aim.
|
|
|
|
|
|
|
Philippines may launch wholesale CBDC within two years
|
|
The central bank would instead use the technology that underpins the Philippine Payment and Settlement System (PhilPaSSplus), the country’s real time gross settlement payment system.
|
|
|
|
|
|
|
|
|
CRYPTOCURRENCIES, DeFi and NFT
|
|
|
|
|
|
‘Cryptofinance’ might be replacing ‘Cryptocurrency,’ but Bitcoin is still unreliable
|
|
U.S. regulators approved bitcoin exchange-traded funds, and at least one player in the marketplace has even begun to phase out its “cryptocurrency” moniker for the more presumably respectable “cryptofinance” name.
|
|
|
|
|
|
|
DeFi compliance in 2024, and new SEC rules set to be challenged
|
|
The new SEC rules had criticism from DeFi ecosystem and pro-crypto politicians. Since the rules were first proposed, the crypto community has protested, citing a lack of clarity on the definition of crypto securities.
|
|
|
|
|
|
New Ethereum token DN404 rivals ERC-404 in fractional NFTs
Advanced technology synchronizes ERC-20 token transactions with NFT states in an ERC-721 contract, automating NFT creation or deletion based on token balances through direct minting and burning.
|
|
|
|
|
|
|
|
|
|
RECOMMENDED INDUSTRY REPORTS AND BOOKS
|
|
|
|
|
|
2023 State of Crypto Report:
|
|
Introducing the State of Crypto Index
|
|
|
|
|
|
|
Swiss Digital Asset Custody Report 2023
|
|
The safekeeping of financial assets is a global strength of Switzerland’s banking industry.
|
|
|
|
|
|
|
|
|
|
|
|
|
Laura Shin is a crypto/blockchain journalist and host of the Unchained podcast. As a former senior editor of Forbes, she was the first mainstream reporter to cover crypto assets full-time. She gives an overview to all experts and novices alike on the use cases making a real impact, and their vision for the future of this innovative technology!
|
|
|
|
|
|
|
|
|
|
|
The World WEB3 Conference
|
|
|
|
|
|
Got a question?
Or perhaps a suggestion? We'd love your feedback.
Contact Rali Hill
- content provider of this Newsletter.
|
|
|
|
|
|
|
|
