Globalization glued world economies together, allowing retail and institutional value to flow across borders. However, regulators and governments maintain checks to prevent uncontrolled fund flows in and out of their jurisdictions in ways that can damage their financial systems. The red tape associated with international transacting and investing is essential to why cryptocurrency usage witnesses growing adoption. The peer-to-peer transaction capability of crypto assets proved a promising application for those wanting to move value beyond jurisdictions in simple and inexpensive ways. Their dec ..read more

Last year was a hard reality check for everyone in the market; builders, investors, lenders, borrowers and policymakers. The insurgent failures overseen by prime organizations on both sides – banks and crypto have built an appetite to formulate the future operation style with much more coherence and accountability.  Particularly for the crypto natives, the actions personified at a starting stage are beginning to diminish because of the lack of a practical, instrumental and supervised set of frameworks to imbibe the factor of trust from retail and institutional investors towards Institutio ..read more

Cryptocurrency was written away as a concept for the fringes by financial experts and the mainstream not too long ago. Those who believed in its potential remained adamant about it rising to global prominence, and it has. Digital assets are becoming fixtures in investment portfolios everywhere, used to carry out financial transactions and park value reliably. While the concentration of crypto usage remained mostly amongst retail investors and users, the shift towards Institutions is gaining its stride. Institutional investors are recognizing the potential, too, and exposing the asset class to ..read more

DeFi needs no introduction because of its relevance in the blockchain sphere. This alternative financial system allows users to leverage their cryptocurrency holdings into tremendous profits. It is further outperforming conventional financial systems in generating value for investors. Little wonder that this aspect of the blockchain is growing and gaining traction with investors, introducing them to many financial use cases — ones that already exist and those that are novel. An important factor behind the flourishing DeFi ecosystem and its popular applications is the presence of liquidity, all ..read more

The crypto landscape is evolving globally, not just through innovation and adoption but also with respect to how it is regulated. Increasing digital asset adoption has made it inevitable for regulators to look closely at the industry and develop meaningful frameworks for their jurisdictions.  Initially, many were anti-crypto due to concerns about the asset class rocking their financial systems, acting as a vehicle for laundering, and the consequential consumer risks. Some regulators even turned to bans but were unsuccessful in addressing concerns due to the borderless and permissionless n ..read more

Generally, for any financial framework to break down the chain of illegal activities through direct asset transfer, it needs to embed a data-sharing system for both counterparties during transactions. This idea was ideated by the Financial Crimes Enforcement Network (FinCEN) Advisory in 1996 to establish the groundwork for what was earlier termed, “A Bank Secrecy Act (BSA) rule” which is now known as Travel Rule. The concept was to simply track and monitor the transfer of funds from one party to another party and its intent, to ideally stop it from laundering money and landing in the hands of ..read more

The digital asset industry has emerged as a dynamic and rapidly evolving sector, fueled by the rise of cryptocurrencies, tokens and digital securities.  These digital assets offer new opportunities for decentralized transactions, enhanced security and improved efficiency.  At the core of this industry lies Distributed Ledger Technology (DLT), with various foundation companies playing a pivotal role in driving innovation and shaping the future of digital assets.  In this article, we will explore the digital asset industry and delve into the relevance of DLT foundation companies i ..read more

Generally, for any financial framework to break down the chain of illegal activities through direct asset transfer, it needs to embed a data-sharing system for both counterparties during transactions. This idea was ideated by the Financial Crimes Enforcement Network (FinCEN) Advisory in 1996 to establish the groundwork for what was earlier termed, “A Bank Secrecy Act (BSA) rule” which is now known as Travel Rule. The concept was to simply track and monitor the transfer of funds from one party to another party and its intent, to ideally stop it from laundering money and landing in the hands of ..read more

Novel technologies disrupt the fields they find utility in ever so often. The revolutionary benefits they bring drive up adoption and capsize how industries function. Cryptocurrencies are no different – they changed the financial and technological landscapes and created a new lane labeled Web3. Their novelty, however, leaves industry-wide issues to be resolved like with any burgeoning technology. Users embracing cryptocurrencies find themselves at high risk of losing the value represented by the coins and tokens they hold. Their decentralized nature leaves all the risks associated with managin ..read more

Novel technologies disrupt the fields they find utility in ever so often. The revolutionary benefits they bring drive up adoption and capsize how industries function. Cryptocurrencies are no different – they changed the financial and technological landscapes and created a new lane labeled Web3. Their novelty, however, leaves industry-wide issues to be resolved like with any burgeoning technology. Users embracing cryptocurrencies find themselves at high risk of losing the value represented by the coins and tokens they hold. Their decentralized nature leaves all the risks associated with managin ..read more