
Tag "digital assets"
Switzerland Sees Blossoming Digital Asset Custody Ecosystem: Study
Switzerland has established itself as a global leader in the custody of digital assets, a position the country has gained thanks to a conducive regulatory framework that’s encouraging innovation and diversity, a new report by industry trade group Home of
Read MoreIllicit Crypto Volume Reaches All-Time High Despite Markets Slump
In spite of a market downturn and a prolonged “crypto winter”, the volume of illicit cryptocurrency transactions continued to rise in 2022, reaching an all-time high of US$20.6 billion, new data released by blockchain analysis firm Chainalysis show. The sum
Read MoreSwiss Banks Unlikely to Migrate to Blockchain, DLT Systems, Says SNB Advisor
While some banks have started experimenting with blockchain and distributed ledger technology (DLT), widespread migration to these systems are unlikely to occur due to a number of roadblocks, including regulatory and compliance challenges, the high costs of the endeavor, as
Read MoreThe Top 50 Crypto VC’s in 2023
The USA is dominant in the cryptocurrency venture capital (VC) game, representing more than 71% of the total amount of capital under management from the top 50 crypto-focused VC funds, a new report by Coinstack Partners, a boutique investment bank
Read MoreSwiss Bankers Association Makes Case for Digital Swiss Franc
In Switzerland, the introduction of a digital Swiss franc could further boost the local digital asset industry, foster innovation in the domestic market and support the Swiss franc as a means of payment, the Swiss Bankers Association (SBA), the country’s
Read More8 Hot DeFi Startups in Europe to Watch in 2023
Despite slumping markets, the decentralized finance (DeFi) industry continued to grow last year, driven by sustained funding activity and increased user adoption. In 2022, DeFi users growth averaged 44% quarter-over-quarter (QoQ), according to a report by crypto fund HashKey Capital.
Read MoreEU “Tokenise Europe 2025” Initiative Aims to Boosts Asset Tokenization
A new initiative called Tokenise Europe 2025 is being spearheaded by the European Commission (EC) and the German Banking Association to tap into the potential of asset tokenization and distributed ledger technology (DLT) to strengthen the bloc’s competitiveness and build
Read MoreGovernments, International Bodies Ramp up Crypto Tax Regulations
Over the past year, governments and regulatory bodies from around the world have increased their focus on the taxation of the cryptocurrency industry, a trend that comes on the back of increasing investment, adoption and innovation in the space despite
Read MoreAdoption of Digital Assets Among Institutional Investors Increases
Despite turbulent conditions in the crypto markets, adoption of digital assets among institutional investors is increasing worldwide, driven by improved perception of the emerging asset class and investors’ attraction to the prospect of high returns, according to the Fidelity Digital
Read MoreWealth Managers Reluctant to Invest in Crypto
Wealth managers around the world are still reluctant to invest in cryptocurrency on behalf of their clients amid concerns over the lack of regulation, the lack of education as well as high volatility, a new study by American asset management
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