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🚀Unlock the Future of Private Market Investments with Frictionless Institutional Deposit Tokens on Avalanche! 🌍 Invest instantly in private markets. ✅ Simplified cash ops for Managers and GPs. 🔒 Ensured compliance with AML6 directive. 💰 Slash transaction costs - as low as 2 cents per transaction! 🌐 Seamless multi-currency transactions at the best FX rates. 🛡️ Fully attested daily for transparency. Discover more about the future of private markets in our article! 👇 #FrictionlessMarkets #DeFi #AvalancheNetwork #FinanceInnovation

2024 brings regulatory clarity for Crypto Asset Service Providers in the EU. The Markets in Crypto Assets Regulation comes into force in June (Title 3 and 4) and December (Titles 1, 2, 5, 6, 7). Licensing and proper oversight goes a long way to gain the trust of consumers, but a lot has to be done before then. The European Supervisory Authorities share guidelines and interpretation notes to clarify the letter and spirit of the law like the new crypto travel rule. 📩 Need help with applying the travel rule and MiCA? Reach out in DMs. #GlobalGroundConsulting #MiCA | #CASP ICASP | #PSP IPSP | #crypto | #travelrule

Have you heard about the transformative world of crypto? What you may not know is that the EU is revolutionizing the crypto landscape by regulating digital assets through the MiCAR initiative in 2024. By 2025, expect crypto assets to be embraced widely by traditional financial institutions, opening a new frontier in asset management. This pivotal shift marks a significant moment for digital finance, and understanding these changes is crucial for anyone looking to navigate the future of finance successfully. Dive into a live session now to uncover the implications of MiCAR and how it's set to integrate crypto assets into mainstream finance by 2025. Seize this chance to stay ahead in the rapidly evolving digital finance arena. Join us at https://lnkd.in/gXJ5ufzh #web3 #crypto #defi #tradfi #finance #regulation #mica

Decentralized Finance (DeFi): Say goodbye to traditional banking and hello to DeFi! Web3 enables financial services that are open, secure, and accessible to everyone, without intermediaries. 🚀💰 #DeFi #Crypto #Web3

DLT solutions are revolutionizing capital markets by providing greater efficiency, transparency, and innovation. Core Reason:  DLT enables the creation of a single, shared, and synchronized source of truth for all participants, reducing the need for reconciliation between different parties. Automation of processes through smart contracts can lead to faster settlement times, reducing operational delays and costs. Smart Contracts are automated protocols intended for exchanging digital currencies, which are executed upon meeting specific predetermined conditions. Smart Contracts are self-executing contracts used to exchange crypto assets when certain conditions are met. Properties of Smart Contracts:  Distribution: Assets cannot be released from the contract without validation from the entire network. Immutability: Once created, the contract cannot be altered Decentralization: No need for a 3rd party to hold the funds, lowering costs  Accuracy: Automation prevents human errors Low transaction costs: Costs minimized by automation Instantaneous settlement: Trades settled within seconds rather than days No counterparty risk: Contract only executed when pre-set conditions are met Image source: Cambridge Centre for alternative finance #islamicfintech islamicfinance #islamicbanking #dlt #smartcontracts #capitalmarkets #sukuk #securities #web3 #settlement

Delve into BlockReg Advisors' comprehensive #weekly digest, spotlighting the latest regulatory advancements and pivotal transformations within the dynamic realm of cryptocurrency. 🚀 Explore the cutting-edge developments in the crypto industry! Richard Teng, the recently appointed CEO of Binance, candidly acknowledges prior compliance lapses in his inaugural interview, stressing a forthcoming approach centered on user satisfaction and stringent compliance measures. Meanwhile, Coinbase unveils an efficient crypto payment feature through social media links, facilitating seamless microtransactions and enhancing accessibility. Furthermore, the integration between Zodia Custody and Fireblocks fortifies market connectivity, granting institutional investors heightened security in managing digital assets. Notably, J.P. Morgan's integration into Singapore's Partior blockchain network marks a milestone, revolutionizing cross-border payments and correspondent banking services with enhanced digital capabilities. For a comprehensive overview of these transformative advancements, explore our weekly wrap-up here: https://lnkd.in/dz2bZHRG #Weekly #WrapUp #BlockReg #BlockchainInnovation #DigitalAssets 🌐🔗📈

On 8 November 2023, the European Banking Authority (EBA) launched its consultation on draft rules for liquidity and capital requirements for stablecoin issuers under the EU’s Markets in Crypto Assets (MiCA) regulation. These consultations are part of the third set of MiCA policy products for which stakeholder feedback is solicited to refine the regulatory landscape. What do the proposed rules entail? 💧RTS on Liquidity Requirements of the Reserve of Assets: The EBA proposes setting minimum liquidity rates for asset reserves, ensuring availability within 1 to 5 working days, along with criteria for creditworthiness, concentration limits on deposits with credit institutions, and over-collateralization for asset referenced tokens. 💰 RTS on Highly Liquid Financial Instruments in the Reserve of Assets: The EBA proposes criteria for financial instruments to be deemed highly liquid, with minimal market, credit, and concentration risks. 📊 RTS on Liquidity Management Policies and Procedures: The EBA proposes liquidity management policies and procedures to ensure issuers establish robust policies and procedures to assess, manage, and monitor liquidity risks. The standards would mandate a resilient liquidity profile for reserve assets to fulfill any redemption demands for asset-referenced tokens. 📈 Guidelines on Liquidity Stress Testing: The EBA proposes a methodology for identifying the common reference parameters of the stress test scenarios to be included in the liquidity stress testing and situations in which the supervisor may strengthen the liquidity requirements of the relevant issuer to cover those risks based on the outcome of the liquidity stress testing. The press release containing links to the consultation papers, as well as instructions for submitting comments and registering for the public hearing, is linked in the first comment. ‼️The deadline for submitting feedback is 8 February 2024, with a public hearing set for 30 January 2024 (registration due by 23 January 2024). #MiCA #cryptoregulation #cryptocurrency #EU #compliance #crypto #europeanunion #aml #cryptocompliance #cryptotravelrule #digitalassetcompliance #VASP #stablecoins #EBA #CryptoAssets #RegulatoryDetails #LiquidityManagement #FinancialServices #DigitalAssets #TokenIssuers #StressTesting #EURegulations #Compliance #Finance #Banking #Fintech #Blockchain

Seek clarity on regulations for crypto services. Assess whether it is necessary to register under FICA and register as a financial services provider. South African regulators regard #crypto as a financial asset under the Financial Advisory and Intermediary Services (FAIS) Act. The FAIS Act requires individuals providing a financial service to hold a financial services provider (FSP) Licence and crypto asset service providers are also under the same obligation. Insights by Lerato Lamola Esq. and Analisa Ndebele. #Fintech #FinancialServices

IOSCO Finalizes Policy Recommendations for DeFi The International Organization of Securities Commissions (IOSCO) has published a final report (FR/14/2023) setting out its policy recommendations for decentralized finance (DeFi), alongside an umbrella note (OR02/2023) that explains the interoperability between the DeFi recommendations and the complementary final crypto and digital asset recommendations, which IOSCO published in November 2023. https://lnkd.in/e46AMcYV

DEFI is a game changer in the world of finance.🔥🔥🔥 Traditional finance placed me in a tight corner 2 consecutive times this month.😢 Here is why DEFI will always be my choice over traditional finance. 📌 Accessibility: DeFi is open to anyone with an internet connection, removing barriers to entry. 📌 Control: Smart contracts give users direct control over their assets, reducing counterparty risk. 📌 Efficiency: DeFi enables faster, lower-cost transactions compared to traditional finance. 📌 Transparency: Public blockchains ensure transparent and auditable transactions. 📌 Diverse Products: DeFi offers a wide range of financial products and services. 📌 Global Reach: DeFi operates without borders, fostering financial inclusion worldwide. Follow Afomachukwu Onyeokoro, lets connect. #defi #products #audit #CryptoMaya