A Year Ago

Jonny Fry Posted

A Year Ago |
Treasury consultation underlines UK ambition to onshore crypto industry

Written by Roeland Van der Stappen at MWEK Solutions Ltd

 

 

Earlier this month, the UK Treasury published a long-awaited consultation paper for the UK’s upcoming crypto regulation. This is part of a push by Prime Minister, Rishi Sunak, to attract more crypto businesses and investment to the country and establish the UK as a global crypto hub. Crypto companies have long lamented that a lack of regulatory clarity has made it hard for them to do business in the UK, with only 15% of applicants having successfully met the Financial Conduct Authority’s (FCA)...


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Jonny Fry Posted

A Year Ago |
Why do we need real world assets on blockchain anyway?

By Philipp Pieper and Timo Lehes, co-founders of Swarm

 

Blockchain is an amazing technology with the potential to transform the way that assets are traded. So far, it has been used largely by deregulated actors, often via centralised exchanges. The pre-eminent use case for tokenisation at the moment is trading real world assets, but its reputation has been dragged through the mud. FTX and Celsius highlighted the perils of unregulated trading, the opacity of centralised actors and that crypto assets are too highly correlated and easy to manipulate. This rings true with...


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Jonny Fry Posted

A Year Ago |
Custody of digital assets: an inflection year in 2023?
Written by Kam Patel CEO of Custodiex

Definition of digital asset custody

According to the Alternative Investment Management Association (AIMA), the concept of digital asset custody revolves around the safekeeping of a private key. Its membership understands that as private keys are used to store, manage and transfer digital assets by the owner and help with the decryption of messages and authentication of transactions, they represent a single point of failure in the system.

 

The trilemma for financial institutions adopting custody of digital assets has always been security, speed and scalability. One of these...


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Joined 7th February 2019