238018
Yaman

@yaman #238018

I like building products only possible with blockchain
191 Follower 54 Following
is /farhack official (supported by farcaster)?
what excites you on farcaster but not anywhere else?
• The Reserve Bank of India is studying the effects of tokenized deposits and CBDCs on deposit insurance. 🇮🇳
• Apple opens up its NFC chip to developers, enhancing crypto payment options on iPhones. 📱
• Mastercard has launched a pilot project with MetaMask for easier crypto spending. 💳
• Sling Money raises $15M for a mobile app that facilitates stablecoin transfers. 💼
• Hamilton Lane tokenizes a $5.6 billion secondary fund for qualified investors. 💰
• Fidelity Digital Assets focuses on stablecoins, tokenized treasury bills, and on-chain credit solutions. 🏦
• DBS Bank launches a blockchain-based treasury and liquidity management solution. 💡
• MUFG and Morgan Stanley Securities plan digital securities issuances. 📝
• Centrifuge’s RWA Summit 2024 is happening on September 17th in Singapore.
• Dubai now allows salaries to be paid in cryptocurrency. 💸
• Russia has approved the use of cryptocurrencies in international trade. 🇷🇺
• Mantra & Novus Aviation Capital are partnering to tokenize aviation assets. ✈️
• Nigeria aims to increase revenue by tokenizing real estate. 🏘️
• Backed Finance AG & eNor Securities are issuing crypto-backed assets in Latin America. 🌎
• GreenX teams with InvestaX in Singapore for security token offerings. 🤝
• Germany’s KfW Bank collaborates with Boerse Stuttgart Digital on blockchain-based digital bonds. 🇩🇪
🧵 Global Crypto and Tokenization Updates 🌐

Here’s a roundup of the latest developments across the crypto and tokenization space, covering everything from asset tokenization to institutional investments and CBDC advancements. Let’s dive in! 👇
⚖️ Legal and Regulatory Updates:

• 🇪🇺 #Europe: AFME emphasizes tokenization in its digital finance action plan.
• 🇷🇺 #Russia: President Putin legalizes cryptocurrency, allowing experimental use in payments.
• 🇮🇳 #India: The Finance Ministry won’t regulate cryptocurrency sales but focuses on preventing illegal activities.
• 🇬🇧 #UK: A new regulatory body is needed for digital finance, as current frameworks lag behind innovations.
• 🇭🇰 #HongKong: Regulatory challenges hinder the launch of crypto ETFs; the region plans to strengthen digital asset regulations within 18 months.

• 🔍 #Ripple vs. SEC: Ripple’s CEO declared victory after the SEC lawsuit.
/RWA
Private Credit Metric & Usage
Source: rwa.xyz
/RWA
Weekly #RWA News - August 12, 2024

General Statistics:
• 🌍 RWA On-Chain: $12.81B
• 🧑‍🤝‍🧑 Asset Holders: 62,314 (7.74% increase)
• 💲 Stablecoin Value: $164.42M
• 🏢 Asset Issuers: 98

2. Regulatory Developments:
• 🇪🇺 AFME’s Tokenization Plan
• 🇷🇺 Crypto #Payments in Russia
• 🇬🇧 New UK Regulatory Body Needed

3. Asset Tokenization:
• 🏠 Malaysia: $23M Real Estate Project
• 📈 SBI & Kyobo: Asia Collaboration
• 🇧🇷 Brazil Reviews #Tokenization Firms

4. Collaborations:
• 🏦 Franklin Templeton on #Arbitrum
• 💼 @Fireblocks Joins Stablecoin Standard

5. #CBDC & Banking:
• 🇹🇭 Thailand’s Digital Currency Issues
• 🇮🇩 Indonesia’s #CBDC Trials
• 🇯🇵 Japan’s Web3 Projects with PwC & NTT
/RWA
Weekly #RWA News - August 12, 2024

General Statistics:
• 🌍 RWA On-Chain: $12.81B
• 🧑‍🤝‍🧑 Asset Holders: 62,314 (7.74% increase)
• 💲 Stablecoin Value: $164.42M
• 🏢 Asset Issuers: 98

2. Regulatory Developments:
• 🇪🇺 AFME’s Tokenization Plan
• 🇷🇺 Crypto Payments in Russia
• 🇬🇧 New UK Regulatory Body Needed

3. Asset Tokenization:
• 🏠 Malaysia: $23M Real Estate Project
• 📈 SBI & Kyobo: Asia Collaboration
• 🇧🇷 Brazil Reviews #Tokenization Firms

4. Collaborations:
• 🏦 Franklin Templeton on Arbitrum
• 💼 @Fireblocks Joins Stablecoin Standard

5. #CBDC & Banking:
• 🇹🇭 Thailand’s Digital Currency Issues
• 🇮🇩 Indonesia’s #CBDC Trials
• 🇯🇵 Japan’s Web3 Projects with PwC & NTT
Weekly RWA Bulletin Summary - Jul 14

⚖️ Regulatory Frameworks:
- The US House failed to overturn the crypto custody ban, but the SEC is considering changes.

🖇️ Corporate Investments:
- Fasset and Dinari are tokenizing US stocks.
- Schroders Capital and Hannover Re tokenize reinsurance contracts.
- Hidden Road accepts BlackRock’s BUIDL token as collateral.

🏠 Asset Tokenization:
- Kalp and Tiamonds AG are tokenizing diamonds.
- Phillip Securities issues tokens for a Sony film.

🪙 Financial Products:
- Hamilton Lane launches Sharia-compliant private credit tokenization.
- BlackRock's #BUIDL token grows.
- Goldman Sachs starts three new tokenization projects.

🏦 CBDC:
- Taiwan begins wholesale CBDC trials.

💻 Infrastructure:
- Sveriges Riksbank compares DLT-based CBDC energy consumption to card payments.

Other Highlights:
- @MakerDAO launches a $1 billion tokenization competition.
- @Arbitrum STEP committee proposes distributing 35 million ARB for RWA tokenization.
Weekly RWA Bulletin Summary - Jul 14

⚖️ Regulatory Frameworks:
- The US House failed to overturn the crypto custody ban, but the SEC is considering changes.

🖇️ Corporate Investments:
- Fasset and Dinari are tokenizing US stocks.
- Schroders Capital and Hannover Re tokenize reinsurance contracts.
- Hidden Road accepts BlackRock’s BUIDL token as collateral.

🏠 Asset Tokenization:
- Kalp and Tiamonds AG are tokenizing diamonds.
- Phillip Securities issues tokens for a Sony film.

🪙 Financial Products:
- Hamilton Lane launches Sharia-compliant private credit tokenization.
- BlackRock's #BUIDL token grows.
- Goldman Sachs starts three new tokenization projects.

🏦 CBDC:
- Taiwan begins wholesale CBDC trials.

💻 Infrastructure:
- Sveriges Riksbank compares DLT-based CBDC energy consumption to card payments.

Other Highlights:
- @MakerDAO launches a $1 billion tokenization competition.
- @Arbitrum STEP committee proposes distributing 35 million ARB for RWA tokenization.
/RWA
Shootout the Aligned for Web3 Social @EthGlobal Finalist: 🌫️ AdFHE

AdFHE is a fully homomorphic encryption (FHE) based personalized advertising protocol. It displays relevant ads to the user while safeguarding confidentiality

Built by @emirsoyturk &@d0x471b
https://ethglobal.com/showcase/adfhe-jhwyi
eth hackathon idea:
💣 self-drainer after #EIP3074