Jonny Fry Posted

2 Years Ago |

Restoring trust in digital assets

Written by Helen Disney from The Realization Group

2022 proved tumultuous for the blockchain and digital assets industry as one destructive event after another rocked the markets. The de-pegging of the Terra/Luna stablecoin, the $612m worth of Ethereum and USDC stolen in the Ronin Bridge attack and finally, the spectacular disintegration of cryptocurrency exchange FTX and its affiliate, Alameda Research, battered the industry and shattered the trust that many had in decentralised financial services (DeFi). By December 2022, cryptocurrency market cap was down 85%, and a new ‘crypto winter’ had set in. And, just as the...

Restoring trust in digital assets

Written by Helen Disney from The Realization Group

2022 proved tumultuous for the blockchain and digital assets industry as one destructive event after another rocked the markets. The de-pegging of the Terra/Luna stablecoin, the $612m worth of Ethereum and USDC stolen in the Ronin Bridge attack and finally, the spectacular disintegration of cryptocurrency exchange FTX and its affiliate, Alameda Research, battered the industry and shattered the trust that many had in decentralised financial services (DeFi). By December 2022, cryptocurrency market cap was down 85%, and a new ‘crypto winter’ had set in. And, just as the

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Jonny Fry Posted

2 Years 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)...

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

2 Years 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...

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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