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BIG Weekly Newsletter

February 16, 2023
Issue: No 171

A Message To The Reader

Welcome to the BIG weekly Newsletter and to our brand new look! We are delighted to announce the launch of our brand new website.

Our new website provides our visitors a digital platform to access the world of blockchain:
- enabling your business to stay competitive and efficient
- ensuring you are regulatory compliant
- trusted by 20+ companies all over the world

We hope you will find our new website engaging, fresh and insightful.

This week read about how Siemens issues €60m digital bond on public blockchain, why SEC lawsuit against Paxos over BUSD baffles crypto community and how Shopify launches comprehensive Blockchain Suite for merchants.

Remember to listen to our Partner Podcasts - THE SWISS ROAD TO CRYPTO with Didier Borel.

We offer a free consultation with access to the blockchain insights. Book your free consultation with us
here.

Mauro Cappiello
Founder, Blockchain Innovation Group AG

BIG SERVICES

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BLOCKCHAIN HEADLINES

Siemens issues €60m digital bond on public blockchain
Siemens is the latest corporate to venture into digital securities, issuing a €60 million one year bond on the Polygon public blockchain. The legislation supports both centralized ledgers and distributed blockchains.

LEDGERINSIGHTS

SEC lawsuit against Paxos over BUSD baffles crypto community
Members of the community argued that people buying stablecoin were not expecting it to go up in value. Crypto community members laid down various theories on the allegations that BUSD is an unregistered security.

COINTELEGRAPH

Shopify launches comprehensive Blockchain Suite for merchants
Shopify has launched its new blockchain suite of products for merchants. This will improve user experience on web3-based stores hosted on Shopify. Merchants can utilize token gating and leverage new features on the expanded wallet ecosystem.

BITCOINIST

REGULATED DIGITAL ASSETS (STO, TRADING, CUSTODY, COMPLIANCE)

Tokenise Europe 2025 initiative launched by EU, German banking association
Tokenization will drive many opportunities in the emerging metaverse, and Europe is home to several major sports companies. Adidas can benefit for income from digital footwear.

LEDGERINSIGHTS

      Will the SEC convince a court Ii’s right to label these tokens as securities?
      Lawyers have challenged a consequential move from SEC to build a list of crypto tokens it considers unregistered securities. Now the regulator will have to defend the assertion in federal court that the nine tokens tied to the case should be considered securities.

      COINDESK

          Credit Suisse, Deutsche Bank in Taurus digital assets $65m funding
          Taurus platform supports tokenized securities and digital currencies, providing custody, asset tokenization, and a FINMA-regulated marketplace for tokenized securities, TD-X.

          LEDGERINSIGHTS

              FINANCIAL SERVICES & CENTRAL BANK DIGITAL CURRENCY (CBDC)

              UAE confirms plans for domestic and cross border CBDC
              Central Bank of the UAE unveiled a plan for nine initiatives as part of its Financial Infrastructure Transformation program. A CBDC for both domestic and cross border use was one of three initiatives earmarked as part of the first stage.

              LEDGERINSIGHTS

              Indonesia’s central bank unveils wholesale CBDC consultation process
              Indonesia’s central banking regulator Bank Indonesia has announced the start of a consultation process for its CBDC initiative known as Project Garuda.

              COINGEEK

              Britcoin CBDC touted as replacement to cash by Bank of England
              The UK plans to impose a cap of between £10,000 to £20,000 for initial digital wallet holdings as it pushes forward with plans to introduce CBDC.

              CRYPTOSLATE

              CRYPTOCURRENCIES, DeFi and NFT

              The role of cryptocurrency in advancing financial inclusion
              Cryptocurrency may provide a solution to this issue by advancing financial inclusion. Cryptocurrencies can be stored and transferred digitally and do not require physical banking infrastructure.

              COINTELEGRAPH

              Bernstein says regulatory backlash will lead to more DeFi and offshore crypto
              Regulatory overreach will lead to further movement towards decentralized finance apps, built directly on-chain. The main question is whether staking itself is a security, or was it specific to the way in which Kraken offered and marketed the program.

              COINDESK

              Navigating the NFT space and the future of tokenized assets
              From artwork and music to videos and traditional assets, NFTs are a growing space that is capturing the attention of Gen Z investors. There are now many NFT trading platforms available for buying, selling, and trading NFTs.

              FINTECHMAGAZINE

              RECOMMENDED INDUSTRY REPORTS AND BOOKS

              A New Intellectual Framework - Connecting the Invisible Dots
              This paper aims to set out some relevant ideas for the creation and establishment of a successful Financial DIGITAL MARKET INFRASTRUCTURE provider.

              SDX

              Swiss Digital Asset Market Report 2022
              The report helps better understand the thriving digital asset space by assembling the most important facts and figures.

              HOMEOFBLOCKCHIAN

              PODCAST SERIES

              THE SWISS ROAD TO CRYPTO PODCAST

              In this podcast Didier Borel discovers people in Switzerland playing an active role in crypto and tech. He talks to entrepreneurs, tech innovators and disruptors shaping the future in this country. Switzerland has always played a key role in banking and has recognized the need to foster innovation.
              2976666-1600875405933-1de4771ae30e6

              UNCHAINED PODCAST

              Laura Shin is a crypto/blockchain journalist and host of the Unchained and Unconfirmed podcasts. 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!
              Unchained podcast

              UPCOMING EVENTS

              27 feb.2023
              BLOCKCHAIN ECONOMY LONDON SUMMIT
              February 27-28, 2023



              5th BLOCKCHAIN INTERNATIONAL SCIENTIFIC CONFERENCE ISC
              March 18, 2023


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