6 Years Ago

https://blockchainatberkeley.blog/the-evolution-of-the-digital-asset-market-in-2018-9af4c5de176c

There are now an incredible 178 Crypto exchanges globally I suspect we will start seeing a  consolidation of exchanges. Asia now dominating crypto volumes in terms of the trades being carried out  and Bitcoin volumes continue to rise despite collapse in the price.
Russia sees no need to legally define Cryptos-  Minister of Justice of Russia, Alexander Konovalov, has affirmed that he does not see the need to legally define cryptocurrencies just yet. According to him, cryptocurrency might be considered another type of asset in terms of Russian legislation, again urged legislators to avoid defining it at the current stage. The lack of clarity does not help the wider use of Digital Assets but Russia’s stance is understandable as if they start imposing too many restrictions and regulations this nascent industry will simply more out of Russia to more Crypto friendly jurisdictions. An alternative view is that Russia...


READ MORE


Latest Comments

IBM’s Blockchain, AI and cloud skills wins contracts with $700m Santander, Hyundai and ICBC in Argentina– Dramatic examples of the cash that is being invested into digitising the finance sector. Santander is going to spend $700m with IBM to help it build "the most advanced IT architecture of the financial sector". IBM sometimes called Big Blue, has been active in the financial recently winning a $540m outsourcing deal with Nordea Bank "bringing new efficiencies in their digital transformation" and last year it revealed it had secured a massive 10year outsourcing agreement with Lloyds bank, resulting in 1,500 staff and contractors being transferred...


READ MORE

JPMorgan launched Cryptocurrency – How ironic Jamie Dimon, the CEO of JP Morgan has been one of the most vocal and critical of Cryptocurrencies yet his bank have announced that they are to launch their OWN Crypto currency the JPMCoin. It will be a cryptocurrency pegged to the US$ i.e. a stable coin with each JPM coin backed by one US$ and help their customers to cut transaction costs on international payments and for securities payments and improve the efficiency of their clients treasury departments so hopefully enabling them to make better returns on the capital that they have in...


READ MORE


Latest Comments

6 Years Ago Barry James Said:
Thanks Jonny. It would be hilarious if it were not so tragic.
Blockchain in the asset management industry –  There are many projects being implemented using Blockchain technology. The creation of a new asset class allowing tokens, backed by equities, bonds, property ,FX, commodities etc in a digital fashion potentially to be traded 24/7 is going to enable asset managers to offer new types of funds. To date the focus has been more about how the technology is being used to reduce the onboarding costs of KYC and AML .Firms like Coinfirm , Blockpass can help with individuals and if you are when dealing with corporates that require real time ongoing KYC monitoring the...


READ MORE

Weekly review of what is happening in the Blockchain and Digital asset Sectors - Digital Bytes  Weekending 8th February 2019
 
HSBC Whistleblower Herve Falciani to Launch Cryptocurrency That Will Be Embraced by Regulators – Falciani is one of banking’s most wanted  Whistle blowers having been convicted for giving  details of  over $120Billion of assets held by 30,000 accounts, at HSBC’s Swiss private bank. Allegedly he was responsible to revealing a whole series of tax evasion, money laundering and other unsavoury financial schemes. He is now meant to be working on an “ethical crypto token”, dubbed “Tabu,” that would be fully traceable and thwart illicit dealings and tax evasion.
How Ironic Blockchain...


READ MORE

Jonny is editor of #DigitalBytes a weekly analysis of the Blockchain and Digital Asset sectors, a regular speaker having lectured at a number of business schools and universities in UK Europe and Russia. Has over 30 years of experience running a variety of businesses much of it running a regulated Asset Management company. A regular contributor for All Parliamentary Party Group committees in Westminster and often chairs debates and panels at conferences UK and overseas.
  • NED
    Business schools
    Chairing panels
Joined 7th February 2019