BIG Weekly Newsletter

July 20, 2023
Issue: No 193

A Message To The Reader

Welcome to the BIG weekly Newsletter!

This week read about how IOTA Foundation takes a stand for blockchain innovation in Europe, why Google Play eases restrictions on blockchain apps and how blockchain logistics association BITA merges with GBBC.

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

IOTA Foundation takes a stand for blockchain innovation in Europe
In order to safeguard blockchain innovation in Europe, IOTA has joined hands with the European Blockchain Council. Through the joint statement, IOTA and its partners are addressing the latest circulated Data Act proposal.

CRYPTONEWSFLASH

Google Play eases restrictions on blockchain apps
Blockchain-related apps launching on Google Play are required to comply with jurisdictional regulations in the regions where they’re based. If an app enables digital asset trading, is required to issue a clear disclosure.

BLOCKWORKS

Blockchain logistics association BITA merges with GBBC
The current focus is tracking a shipment throughout its journey as it moves between different logistics providers and types of transport. Future target areas include identity, customs clearance and IoT metadata.

LEDGERINSIGHTS

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

Coinbase CEO to meet Democrats on digital asset regulation
If the SEC lawsuits are successful, they could transform the crypto market by asserting the SEC’s jurisdiction over the industry which, for years, has argued that tokens do not constitute securities and should not be regulated by the commission.

ALJAZEERA

      G20 recommends regulating digital assets, Stablecoins
      The recently published global regulatory framework by the FSB, under the principle of “same activity, same risk, same regulation,” emphasizes the need for uniform regulations across various crypto activities.

      BITCOINIST

          Navigating the VAT treatment of security tokens in the EU
          Security token offerings have become an alternative to raising capital through debt or equity. This increased interest in security tokens raises questions regarding the practical aspects, including VAT consequences of transactions involving such tokens.

          INTERNATIONALTAXREVIEW

              FINANCIAL SERVICES & CENTRAL BANK DIGITAL CURRENCY (CBDC)

              Financial Stability Board, CPMI to explore tokenization, including for payments
              The central banks of Germany and Italy are concerned about the potential for fragmentation if there are various platforms on which CBDC sits.

              LEDGERINSIGHTS

              Brazilian CBDC allows government to freeze funds, developer finds
              A blockchain developer has reverse-engineered the code behind the Brazilian CBDC and discovered an unsettling feature: the government has built in the ability to freeze funds and adjust balances.

              DECRYPT

              BNY Mellon, HSBC, Siemens share lessons learned from digital securities issuances
              The European Investment Bank (EIB) is the most prolific digital bond issuer and they previously spoke about the need for more custodians that support DLT natively. Failing that the DLT platform needs to support Swift.

              LEDGERINSIGHTS

              CRYPTOCURRENCIES, DeFi and NFT

              How Chainflip is shaking up native cryptocurrency cross-chain swaps
              A thought of decentralized and chain-agnostic system that would enable native cross-chain swaps of cryptocurrency without having to resort to wrapped tokens or specialized wallets or complex smart contracts.

              INVESTING

              A new Uniswap feature aims to eliminate DeFi pain points
              Uniswap is launching UniswapX in "opt-in beta" on the Uniswap Labs interface for the main Ethereum network, with plans to expand to other chains and the Uniswap wallet. It's not clear when a final version would be available.

              COINDESK

              Open edition NFT soars as ‘For the Culture’ campaign takes over Twitter
              The creativity in the Web3 and NFT space is beyond measure. And brands are coming up with ever more unique NFT marketing strategies that can ignite a sense of belonging among the community members. OpenSea, CoinGecko, Magic Eden, NIFTY gateway, VEE Friends, Trust Wallet participated in the trend.

              BEINCRYPTO

              RECOMMENDED INDUSTRY REPORTS AND BOOKS

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

              A16ZCRYPTO

              Swiss Digital Asset Custody Report 2023
              The safekeeping of financial assets is a global strength of Switzerland’s banking industry.

              HOMEOFBLOCKCHAIN

              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

              æternity Universe Three
              September 1-2, 2023

              Token 2049 Singapore
              September 13-14, 2023

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