Here’s a round up of the main headlines for tokenization and digital assets for the week ending January 31:
Stablecoins & digital currency
- African stablecoin payment startup Cedar Money raises $9.9m
- Thailand to issue stablecoin backed by Thai gov bonds. Launch stablecoin sandbox in Phuket
- Circle launches encrypted messages for receipts
- AllUnity opinion article on stablecoins
- Fintechs Cred, MobiKwik join digital rupee pilot
- The latest on the digital ruble
- Crypto.com to delist Tether, other non compliant MiCAR coins on Jan 31 according to various outlets
- ECB comments on Trump executive order and stablecoins
- DAI, Sky stablecoins are controversial under MiCA regulations. Implications for Tether?
Tokenization & DLT
- Northern Trust instant carbon credit creation
- Secure Asset Transfer Protocol (SATP) blockchain interoperability yellow paper (research)
- Credix partners Nors Volvo Brazilian Truck dealer for B2B credit
- ABN Amro trials 21x platform for tokenized securities trading, settlement
- Securitize launches tokenized Apollo fund on 6 public chains
- Robinhood CEO opinion piece on tokenized securities
- BlackRock’s Larry Fink on Tokenization
- Vitalik discussion on L1 and L2 blockchains and the challenges of fragmentation
- Archax to bring government bonds and equities on chain
- Texture Capital joins Canton Network
- London Bullion Market Association launches Gold Bullion Integrity database powered by DLT
- Draftkings, NFLPA settle lawsuit over NFT deal that DraftKings shuttered. NFLPA wanted payment
- Humanity Protocol for decentralized identity (WorldCoin competitor) raises funding at $1.1 bn valuation
- From niche to norm: Euroclear, EIB, HSBC explore tokenization progress, hurdles in Banque de France panel discussion
- Fujitsu launches blockchain based logistics, transport platform
- KPMG India collaborates with The Hashgraph Group to use Hedera public DLT
Policy and government
- Fed Chair Powell says ok for banks to provide crypto services
- Scottish Enterprise funds university collaboration for DLT, digital trust center of excellence.
- UK bank regulator PRA quizzes banks on crypto-asset holdings (from December)
- Emirates regulator SCA publishes draft regulations for tokenized commodities
- IMF on tokenization and financial market inefficiencies
- Bank of England Q&A on Digital Securities Sandbox
- Lagarde says no to EU Bitcoin reserves as Czech National Bank votes
- Czech central bank proposes $7bn bitcoin reserve
- State of Utah plans to keep Bitcoin as part of its Treasury reserves
- Texas plans to build Bitcoin reserve
- Brazil’s BEE4 gets a CSD license for tokenized private securities incl equity, debentures, commercial paper. Also awaiting an over the counter trading license. Was part of regulatory sandbox
- Acting CFTC chair proposes roundtables on various topics including digital assets
- American Bankers Association applauds the SEC rescinding SAB 121
- DOJ fines KUCoin $300m for operating an unlicensed money transmitter service and flouting AML rules
- Banque de France speech on move to T+1 plus wCBDC and the future of tokenization
- Congress reviews crypto choke point
- Musk explores blockchain for DOGE
- ESMA publishes factsheest on staking, lending and DeFi based on larger report last week
- Deutsche Börse owned Crypto Finance and Bitpanda land BaFin MICAR licenses
test2
Image Copyright: Luciano Mortula | Dreamstime.com