6 Months Ago

People often are frustrated at the speed of developments in the Digital Asset sector with a thirst for more clarity from tax offices, governments and regulators.

However, the market has and continues to mature relatively quickly as ICOs are giving rise to STOs and exchanges and custody services are being created.

There are now an incredible 178 Crypto exchanges globally, so start looking out for consolidation and mergers of exchanges. Asia now dominates Crypto trading while Bitcoin volumes continue to rise despite the fall in its price. This review of Digital Assets from Anton who has a PHD in Blockchain from Berkeley in the USA is worth a read.


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Digital Asset
ICOs
STOs
https://blockchainatberkeley.blog/the-evolution...f4c5de176c
It was rumoured last October that Russia’s former head of energy Igor Yusufov, now at Energia was looking at launching an Oil backed token. 

This continues the trend of businesses and countries issuing Digital Assets as a way around US sanctions and lessen their reliance on US Petro-Dollars. We have in the last few months seen the Russians, the Iranian’s PayMon, the Venezuelan Petro, and even the more US friendly Saudi/UAE all citing one of the reasons for launching their own Digital Asset is to reduce their dependency on the US$.

If this trend gathers momentum it could impact on the US$ as the world reserve currency, but meanwhile governments and global corporations are becoming more actively involved in  Blockchain enabled Digital Assets.

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Cryptocurrency
Digital Asset
https://bitcoinist.com/russia-oil-cryptocurrency-law/
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, cryptocurrencies might be considered another type of asset in terms of Russian legislation, he 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 move out of Russia to more Crypto friendly jurisdictions.

An alternative view is that Russia will soon announce its own Digital Asset as more and more governments realize that a Cryptocurrency creates a digital footprint so enabling governments to be able to tackle the black economy have greater transparency and control compared to the current analog cash based structures.

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Cryptocurrency
Digital Asset
https://news.bitcoin.com/russias-minister-of-ju...fined-yet/

7 Months Ago



One of the bigger asset classes is property yet it is largely been the preserve of wealth sophisticated investors or institutions. It historically has suffered from a lack of liquidity, some argue transparency and little innovation until now. Having a Digital Asset-backed by property and then being able to trade 24/7 attracting smaller investors on a global basis potentially could increase liquidity substantially.

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Property Development
Security Token
Digital Asset
https://thefintechtimes.com/property-market-tokenisation/