Chinese financial authorities have banned financial institutions and payment companies from offering services related to cryptocurrencies and warned investors against speculative crypto trading. Instead, they are developing a central bank digital currency (CBDC). Chinese financial officials announced that the country would crack down on financial institutions that operate cryptocurrency businesses or offer related services. The decision follows […]
Some crypto exchanges have enabled their users to trade traditional stocks through tokenized products. Now Binance, the world’s largest crypto exchange, is venturing into the world of tokenized stock trading. Is the new financial world merging with the old one? One of the major advantages of tokenized stocks is that traders can buy fractions of […]
Without a doubt, Decentralized Finance (DeFi) was a strong driver of crypto markets in 2020. Bitcoin (BTC) did rise over 300% and Ethereum (ETH) over 480%, but some of the DeFi tokens outperformed those gains with monumental price increases. Many of today’s DeFi-related coins did not exist at the beginning of the year as the scene […]
Sygnum has successfully tokenized its shares, becoming the world’s first bank to issue its shares on a distributed ledger. Tokenization of its own shares lays the foundation for their future public offering, which includes a potential dual listing in partnership with SIX Digital Exchange (SDX). In a world’s first for a bank, Sygnum today announced the successful […]
A blockchain based fantasy soccer game has won over another famous European club. The German record-holder FC Bayern Munich has entered into a partnership with the company, and enters the world of blockchain soccer cards.
Contactless payments are increasingly being used even for small amounts. For this reason the European Central Bank is considering the introduction of a central bank digital currency (CBDC). A comprehensive report on the possibilities of the digital Euro appeared on Friday. The European Central Bank is continuing its work on the digital Euro. Internal tests […]
Up to now, assets such as land, art, wine, etc. have been limited either to geographical boundaries or accredited investors. Through ” tokenization “, assets can be made available to a wider audience. A practical example. Asset tokenisation enables the use of smart contracts to automate processes such as settlement, compliance, distribution, reporting, etc. Global […]
Uniswap, currently the largest decentralized exchange, launched its “UNI” token last week. They celebrated this by granting 400 tokens to each user – nearly 3’000 US dollars for a short period of time. We explain the latest events concerning Uniswap and its competitor, SushiSwap. Decentralized Exchanges (DEX), together with the DeFi space, have recently experienced an incredible […]
The Zug-based crypto and blockchain investment company CV VC announced that it is investing in the new Finka Token. The security token gives investors access to a cattle farm in Bolivia as an asset class. CV VC has signed an agreement to invest in the Finka Token as part of a newly introduced Digital Assets category, in addition […]
