Ethereum is the second largest decentralized blockchain network after Bitcoin. Since 2015, the native cryptocurrency Ether (ETH) is also being traded on various exchanges. However, this may not be so easy in the future. The U.S. Securities and Exchange Commission (SEC) wants to classify Ether as a security and has launched an aggressive campaign to do so. Last Wednesday, a disturbing headline made the rounds. The Ethereum Foundation, based in Zug, Switzerland, is under investigation by a government agency. It’s a confidential investigation with confidentiality obligations. Later, the financial magazine Fortune, citing inside sources, revealed that the SEC had launched…
Author: Editorial Office CVJ.CH
BlackRock is launching a first tokenization project on the Ethereum blockchain. In partnership with the US firm Securitize, the asset manager is tokenizing an “Institutional Digital Liquidity” fund, starting with an initial liquidity of 100 million USD coin (USDC). After launching a spot-based Bitcoin ETF, BlackRock is taking the next step in the blockchain industry while the approval for a spot Ether ETF is still pending. CEO Larry Fink sees significant potential in so-called tokenization. This involves the representation of traditional assets also known as Real-World Assets (RWAs) on the blockchain. The first approach by the institution is taking place…
The Swiss Financial Market Supervisory Authority (FINMA) is an independent regulatory authority with a legal mandate to supervise financial markets. Since 2013, the authority has advocated for technology-neutral crypto regulation. Over the years, however, criticism of FINMA has grown, accusing the authority of resting on its laurels. At its annual media conference today, FINMA published its annual report for the year 2023. As expected, the authority focuses on the takeover of Credit Suisse by UBS. FINMA devotes about four of 128 pages to crypto assets. The report discusses staking, the new reporting system for crypto assets, a critical examination of…
Despite new crypto offerings from various Swiss banks, UBS remains highly critical. Is the major bank missing out a megatrend?
What happened this week in the world of blockchain and cryptocurrencies? Current events and background reports in the weekly review.
The Swiss stock exchange SIX offers 161 crypto-based ETPs through the latest inclusion of the issuer issuance.swiss AG.
Whitelisting describes the validation of users or wallets for token sales and NFT mints. The process ensures security and increases user engagement.
Thanks to strong selling pressure from Wall Street, Bitcoin surpassed its all-time high of $70,000 USD. Is the next surge on the horizon?
Real World Assets (RWAs) are tangible or intangible assets that exist in the physical world with intrinsic value that are tokenized on the blockchain.
What happened this week around blockchain and cryptocurrencies? The most relevant local and international events as well as appealing background reports in a pointed and compact weekly review.
Ugo Pecoraio, Head of Communications at the House of Electronic Arts (HEK), delves deeper into the ideas and goals behind the NFT initiative of the Basel Museum.
Web3 is a decentralized form of the internet with more user control, powered by blockchain technology that aims to create a more transparent, secure, and censorship-resistant Internet ecosystem.
Bored Ape Kennel Club (BAKC) is a unique collection of 9,602 dog NFTs on the Ethereum blockchain, distributed to Bored Ape NFT owners as a reward for supporting the Yuga Labs ecosystem.
This Wednesday, the Swiss crypto industry gathered at the first Web3 Banking Symposium of the Crypto Valley Association (CVA).
TVL is a DeFi metric used to evaluate a project’s popularity and health by measuring all assets locked in the protocol.
A group of renowned crypto experts aim to guide buyers through the entire cycle of their crypto investment with the new service provider Zeus ATM.