Wealthstack Global’s Post

Can financial instruments be decentralized? Are they decentralized just because we "tokenize" them or are we just creating a new derivative? Read my insights here and let me know what you think. #fintech #tokenization #blockchain https://lnkd.in/d2EnHn7a

As former Head of Digital Securities (now in the capable hands of Marco Kessler) at SIX Digital Exchange (LEI 9845001C5PA89625E069), it was great to be asked to moderate this European Blockchain Convention panel on Digital Securities: Exploring the Benefits of Tokenizing Debt, Equity and Funds. Two highlights: - Due to the efficiency gain, global access and user experience improvement promises of blockchain, institutional adoption is more mature than ever with platforms being launched at various banks, FMIs and central banks through the Bank for International Settlements – BIS or not. These islands of tokenisation are leading to interoperability and liquidity access challenges. - These challenges will be solved ultimately through standards and cross-chain interoperability protocols but it will take times, more because of the human ability to handle changes than the maturity of the technology. For organisational identity, a must for regulated permissioned activities on blockchain, #LEI and #vLEI (the ISO 17442 standard created/supported by regulators and portable organisational identity and verifiable credential protocol), are solving the critical identity interoperability, security and compliance problem challenge currently existing across traditional and blockchain platforms. Identity is a protocol play, not a platform play!

DeFi: "on-chain you could settle instantly". TradFi: "no thanks" - why not? ⬇ An often cited argument for DeFi is the potential of near-instant settlement. TradFi doesn't want that. So the case for DeFi is (too) quickly dismissed. Why? You're even struggling to go from T+2 to T+1!? TradFi doesn't get it. Both are right and wrong: One key requirement for instant settlement is full pre-funding for every trade. That's very inefficient from a capital perspective. However, we would argue, the benefits of DeFi don't lie in "settling as quickly as possible" but in "settling exactly when and how you want it". With programmable assets and infrastructure (i.e. smart contracts) almost any combination of settlement mechanisms are possible. Even when trading off-chain but settling on-chain, the benefits of everyone having access to the the ultimate, global settlement layer (i.e. blockchain) could reduce frictions dramatically. What else should be considered in this context? Leave your thoughts 👇 #digitalassets #assetmanagement #cryptotrading #settlement

🚨WYOMING LEGISLATURE COMMITTEE voted to draft 2 bills: 🔥1. Require the #Wyoming Treasurer to apply for a Fed master account, just like Texas has, & saving the State millions in payment fees annually. 2. Reverse the agreement Wyoming cut with the Fed in 2018, since the Fed reneged on it by not granting Fed master accounts to chartered Wyoming #SPDI banks. Wyoming would add back the statutory language that the Fed really hated. But the bill would be broader and also require the Wyoming Attorney General to sue to protect the dual banking system from overreaching, politicized DC bank regulators, and to fight back against #debanking. See last ~10 mins of video here: https://lnkd.in/gkkzXEaV

Stellar has been about tokenization before tokenization was a thing. With Franklin Templeton and Wisdom Tree leading the way, the Stellar Network has the highest market cap for tokenized US treasuries in the marketplace. Beyond US Treasuries, the Stellar ecosystem is loaded with companies taking advantage of what the network offers for those tokenizing value on blockchain! https://lnkd.in/gKWztGAK

Is Cryptocurrency a Security or Not? What's your take on Lejilex's recent lawsuit with the US SEC? Discuss Below!" Transforming the world of financial transactions, cryptocurrencies are at the forefront of technology and investment. However, their classification is currently under intense scrutiny. A prime example is crypto startup Lejilex's legal tussle with the United States Securities and Exchange Commission (SEC). The row pivots around how we should define cryptocurrencies - as a security or not. The SEC insists that Lejilex's lawsuit goes beyond challenging an enforcement action, attempting to “Redefine Crypto as Non-Security”. Lejilex asserts its stance that cryptocurrencies like Bitcoin do not meet the definition of "security" based on decades-old securities laws. Meanwhile, SEC counters this by stating that such digital assets can be deemed as unregistered security offerings leading to penalties. This ongoing struggle transpires at a time when geopolitical tensions surge over regulatory uncertainties surrounding budding cryptocurrency markets worldwide. This argument from both ends brings forth intriguing questions about how we understand and categorize cryptocurrency in today’s digital era – Is it truly a novel form of currency or another breed of investable assets akin to securities? Thus far, no consensus has been reached globally regarding this question – making it an essential topic for discourse among investors, regulators, and traders. Spark off your thoughts below! Let’s navigate these choppy crypto waters together. https://lnkd.in/ghV4Xcng #Lejilex #USSEC #CryptoLawsuit #CryptocurrencyRegulation #SecurityOrNot #DigitalAssets #UnregisteredSecurities #GlobalCryptoDebate #InvestorInsights #CryptoDiscussion

THE POWER OF COMPOUNDING MEETS THE Intelligence of BLOCKCHAIN TECHNOLOGY. AND YOU CAN “Profit Greatly”

In this video, we delve into the recent developments regarding the classification of cryptocurrencies as securities by the U.S. Securities and Exchange Commission (SEC), as outlined in the Reuters article published on March 21, 2022. With increasing regulatory scrutiny, the SEC's stance on whether cryptocurrencies fall under securities laws is crucial for investors and the broader crypto market. Join us as we analyze the implications of this decision, the potential impact on various cryptocurrencies, and what it means for the future of digital assets. Stay informed and subscribe for more updates on cryptocurrency regulations and market trends! Stay ahead of the curve and visit our website at www.keywordfinancial.com for the latest developments in the world of crypto and blockchain projects. Join our community of informed investors and enthusiasts today!

🔄 Re-engage with DvP on Token Tool by Bitbond! 🔄 We recently launched the DvP (Delivery vs. Payment) function on Token Tool, and it’s time to rediscover how it can revolutionize your transactions. What is DvP? DvP ensures that securities are transferred only when payment is made, enhancing transaction security and efficiency. Benefits of DvP on Token Tool: 🔷 Automate Payments: Streamline your transactions effortlessly. 🔷 Enhanced Security: Secure asset transfers with guaranteed payments. 🔷 Blockchain Efficiency: Benefit from the speed and security of blockchain technology. Learn more about DvP meaning and how it can innovate your financial transactions: https://lnkd.in/dyE57Rue Explore the DvP function now and try it for free on supported testnets. All details can be found in our documentation: https://lnkd.in/dNgicDyf What kind of transactions or projects would you use the DvP function for?

Hey #Linkedin fam! 💼 Are you tired of dealing with slow and expensive payment systems? 💸 Say hello to the future of transactions with #blockchain payment infrastructure. 🚀 With its decentralized and secure nature, blockchain technology is revolutionizing the way we handle payments. 💰 From eliminating middlemen to reducing transaction fees, this innovative infrastructure is changing the game for businesses and consumers alike. 💡 As professionals, it's important to stay ahead of the curve and embrace new advancements in our industries. 💪 So why not join the #blockchain movement and experience a faster, more efficient and transparent payment system? 💳 Let's connect and chat more about how blockchain can benefit your business and your daily transactions. 👋 #futureofpayments #innovation #linkedincommunity join us to develop https://pay.trusty.digital