Carlo R.W. De Meijer Owner and Economist at MIFSA
On June 30, new strict rules for stablecoin issuers went into effect across the European Union under the bloc’s Market in Crypto Asset (MiCA) regulation. This impending regulation represents a major change in the regulatory framework for stablecoins within Europe. In this blog we will go into more detail what this new regulation entails in terms
24 July 2024 /regulation /crypto Blockchain Observations
On May 23, the US Securities and Exchange Commission (SEC) approved eight spot Ethereum or Ether ETF applications. These applications to be listed on US exchanges Nasdaq, CBOE and NYSE, may pave the way for the products to begin trading later this year after getting the green light. This announcement marks a pivotal moment in the cryptocurrency m...
24 June 2024
While it has been widely reported that – despite its disruptive character - the majority of banks think that innovations such as blockchain technology will positively impact their business and are exploring how they can use blockchain to their advantage, it is still largely a grey area for many corporate treasurers. But given the various chall
21 May 2024
On 4 April, Ripple announced its plan to launch its own stablecoin, next to XRP, pegged 1:1 to the US dollar later this year. This is envisioned as a key development for Ripple, aiming to bridge the gap between traditional finance and decentralised finance. This announcement was well received by both the crypto world and the traditional financial...
18 May 2024 /crypto Blockchain Observations
Blockchain has longtime been looked at as a disruptive technology for the traditional financial (TradFi) industry. But that idea is fundamentally changing. TradFi institutions are increasingly realizing the importance of distributed ledger technology and blockchain’s opportunities. They are more and more prepared to use this innovative technology f...
14 April 2024 /crypto Blockchain Observations
Spot bitcoin Exchange Traded Funds (ETFs) have been launched in the US on 10 January. We are now two months later. They have attracted an unexpected high number of investors, breaking records in terms of inflows and trading volumes. With the Bitcoin reaching a record high of $69.000 early March. The introduction of spot Bitcoin ETFs and the bullis...
07 March 2024 /crypto Blockchain Observations
The European Banking Authority (EBA) recently came with updated Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) guidelines. These are extended to encompass all crypto-asset services providers (CASPs and are aimed to prevent the abuse of fund and crypto-asset transfers for money laundering and terrorist financing purposes. To addr...
29 January 2024 /crypto Blockchain Observations
Since its introduction back in 2017, digital-asset tokenization has not yet taken off in a meaningful way, limited to just stable coins and NFTs. This is however fundamentally changing. Tokenization, the process of transforming real world assets (RWA) into digital tokens on a blockchain network, is gaining momentum and has attracted considerable in...
31 December 2023 /crypto Blockchain Observations
Since I started writing blogs on blockchain it has become a tradition for me to dedicate my yearly last blog on describing the key trends we may expect for the next year. And I am sure, 2024 will be a great year for this technology from various aspects. As we step into the new year, we are at the point of some exciting developments that are set to...
27 November 2023 /crypto Blockchain Observations
Blockchain technology has gained significant attention in recent years. This due to its decentralised nature and potential applications across various industries. But there are still a number of issues that are limiting its uptake by various industries esp. the financial sector. By far the most widely recognised problematic issue is that of intero...
30 October 2023 /crypto Blockchain Observations
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