BIG Weekly Newsletter

April 20, 2023
Issue: No 180

A Message To The Reader

Welcome to the BIG weekly Newsletter!

This week read about how SweePay and SMART VALOR brings crypto to masses at National Railways Retailers, why BIS, Bank of England complete blockchain DVP settlement test using RTGS and how Swiss Central Bank payment vision outlining focus on DLT, tokenization and instant payments.

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
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Mauro Cappiello
Founder, Blockchain Innovation Group AG

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BLOCKCHAIN HEADLINES

SweePay and SMART VALOR brings crypto to masses at National Railways, Retailers
At the SBB ticket machines, users will receive their Bitcoin in a secure paper wallet when they buy the crypto.

FINTECHNEWS

BIS, Bank of England complete blockchain DVP settlement test using RTGS
DvP – called atomic settlement in the blockchain world – eliminates the risk that one party hands over the money or the asset, and the other party fails to deliver.

LEDGERINSIGHTS

Swiss Central Bank payment vision outlining focus on DLT, tokenization and instant payments
SNB has shared its ambition to leverage technologies and processes including tokenization and DLT to establish a secure ecosystem, geared towards a cashless payments in Switzerland.

FINTECHNEWS

FINANCIAL SERVICES & CENTRAL BANK DIGITAL CURRENCY (CBDC)

Israel will develop a CBDC if the US or Europe commit to issuing
A positive decision by the US or EU to issue a CBDC would likely encourage Israel to follow suit, as would a situation where the use of cash declined significantly.

LEDGERINSIGHTS

      Russian Central Bank considering use of cryptocurrencies in international settlements
      The use of cryptocurrencies for international settlements will be part of a broader framework experiment. Russia is working on set of regulations for cryptocurrencies.

      BEINCRYPTO

          IMF denies involvement in purported CBDC
          The International Monetary Fund is not involved with the purported CBDC named Unicoin. Unicoin does not appear to be issued by any central bank despite the DCMA’s purported involvement with governments.

          CRYPTOSLATE

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

              Marvion launches Digital Ownership Tokens for legally enforceable tokenized asset ownership
              Those tokens are designed to provide legally enforceable ownership of tokenized assets, enabling the tokenization of real-world assets.

              THETOKENIZER

              The SEC defines crypto regulation: decisions on security tokens and beyond
              According to the SEC’s view, all cryptocurrencies are security tokens and should be normatively framed as such.

              CRYPTONOMIST

              Hacken grants tokenization protocol ERC3643 a 10/10 security audit score
              ERC3643 is the leading token standard for permissioned tokens, that provides a comprehensive framework for token issuers to enforce compliance and control.

              THETOKENIZER

              CRYPTOCURRENCIES, DeFi and NFT

              Over $250 Million in liquidations as Bitcoin, Ethereum slip
              The price drop caused a liquidations across the crypto market over the past 24 hours. Bitcoin, Ethereum, Dogecoin, and XRP accounted for over 40% of the liquidated amount, with the rest of the liquidations distributed across the entire market.

              DECRYPT

              SEC inclusion of DeFi in ‘exchange’ definition attracts pushback
              The SEC believes these systems qualify because it considers most crypto assets as securities and many DeFi protocols “likely meet the current criteria” for an exchange. SEC reopened the consultation and explicitly included DeFi and asserted the existing definition to likely cover DeFi.

              LEDGERINSIGHTS

              Donald Trump got back on Instagram after 2 years and the first thing he did was sell NFTs
              Former President Donald Trump has returned to Instagram to hawk non-fungible token (NFT) trading cards of himself. Trump took to the social media platform to promote his second set of digital trading cards for $99 per piece.

              BUSINESSINSIDER

              RECOMMENDED INDUSTRY REPORTS AND BOOKS

              2023 State of Crypto Report:
              Introducing the State of Crypto Index

              A16ZCRYPTO

              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

              CONSENSUS 2023
              April 26-28, 2023

              BITCOIN 2023
              May 18-20, 2023

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