23. October 2021
General purpose blockchains like Ethereum are more than Bitcoin as a single purpose Blockchain. The underlying network with its literally unlimited use cases generates higher value to the real world ... and longer term that will also be reflected in the valuation of the coin, despite, price correlation between BTC and ETH is still high, currently. In this article on MoreThanDigital, I will highlight the similarities and differences between the two networks and what Ethereum’s additional...
18. September 2021
Switzerland offers excellent framework conditions and ecosystems in the blockchain and crypto sector, deserves international recognition as a hub and avant-garde (see more in a previous article). One would think that everything is in place to attract crypto companies, especially startups, if it weren't for the fact that blockchain founders simply can't find banks within the country's borders to open a business account, on which every company ultimately depends. Focal point of the problem lies...
11. September 2021
Crypto Nation Switzerland has outstanding starting conditions for crypto and digital asset ventures, not only for fintechs, neo or non-banks. Traditional banks are also increasingly venturing into the new terrain. On the one hand, the blockchain and crypto ecosystem that has been developed around Crypto Valley for years provides the necessary basis. More essential, especially for traditional banks, is the clear set of rules created by the DLT Act, which provides a legally and regulatory...
28. August 2021
Cardano Foundation partners with Coinfirm to facilitate full #compliance of its native cryptocurrency #ADA with the #FATF and related locally derived Anti Money Laundering (#AML) and Combatting Financing of Terrorism (#CFT) laws around the world The Cardano Foundation emphasizes its ambition to "set the direction for DECENTRALIZED economic empowerment, working with regulators in different jurisdictions to shape blockchain legislation and commercial standards, and empowering the Cardano...
22. August 2021
Regulators are desperately trying to tame the "monster" Cefi and incumbent financial industry created itself back in 2008 - We remember Financial Crisis > Bitcoin > Ethereum > Smartcontracts > Defi > DAO > ... After CFTC s Dan Berkovitz, SEC's Hester Pierce and others before, this time it is SEC Chair Gensler to call for Defi supervision, concretely Defi-platforms to register with the SEC. But how is it that a completely decentralized financial architecture, operating via...
08. August 2021
The London hard fork after years of work is now a reality. This milestone introduces essential features to the ecosystem, particularly: - Burning a portion of #Ether / #ETH, instead of producing them to pay the miners and - at times - even causing deflationary effects - Expanding block-size providing better fee transparency and execution reliability to the users But probably the most significant achievement from a platform perspective is the simple fact that the London hard fork just worked...
02. August 2021
At the same time that China has launched its intense crackdown on #cryptocurrencies, in the U.S., Corporate America appears to be welcoming crypto, and liberal regulatory approaches seem to be on the rise. #cryptoregulation in the two biggest economies of the world appear more and more to be a proxy for the struggle between two social and political systems for trade supremacy: There, China's autocratic system striving for complete control, significantly steered by the PBOC (People's Bank of...
11. July 2021
In this article of cointelegraph, the various reasons for regulators to mobilize against #Binance are explained, Binance the biggest #cryptoexchange worldwide and barely regulated / authorized. The reasons in a nutshell: - Binance mostly not regulated licenced by local authorities from a #AML or investor protection perspective - Binance having issued a defective own crypto financial product, the Binance Leveraged Token (BLVT) and regulators feel deemed to protect themselves of charges not to...
20. June 2021
In letzter Zeit lassen sich vermehrt Beispiele beobachten, in denen sich traditionelle Banken mit Krypto-Angeboten positionieren, und entsprechend exponieren. Sie tun dies obwohl sie über schlechtere Startbedingungen wie der Schweizer Bankenplatz verfügt.
Was ist los mit unserem traditionellem Swiss Banking?
Dieser Artikel ist ein Plädoyer für einen starken und soliden Schweizer Bankenplatz und zeigt auf, wo Opportunitäten liegen und weshalb nun Handeln angezeigt wäre.
13. June 2021
After another turbulent week in which state officials or regulators send the crypto market downhill (the FBI hacks into a criminal's wallet and seizes bitcoins extorted through ransomware) or uphill (more calls to legalize Bitcoin and Co. follow from various Latin American states after El Salvador's Bukele wants to elevate BTC legal tender), the Basel Committee of the #BIS (Bank for international Settlement) steps up to formulate capital requirements towards #banks for #cryptoassets. That is...