Connections. Compliance. Cap Tables.
The Digital Asset Review
JULY 2, 2019

"Even big banks are getting in on the digital currency hype. Goldman Sachs CEO David Solomon told France’s Les echos newspaper that he’s looking into ways to transform currencies or assets into tradeable digital contracts with blockchain.

Also, JPMorgan Chase & Co said earlier this year it developed its own stable coin called JPM Coin.

Lawmakers also want in on cryptocurrency, with more than 70% of U.S. states having enacted regulations governing cryptocurrency or blockchain technology, according to Coinbase. "



"Last week, the AnnA Villa in Paris made history by becoming the first ever European property to be sold entirely via blockchain transaction.

The luxury building, located in the city’s Boulogne-Billancourt district, was valued at €6.5 million, and was sold to French real estate companies, Sapeb Immobilier and Valorcim. The process involved first transferring ownership of the building to a joint-stock company (SAPEB AnnA), then dividing the company into 100 tokens to be distributed to the owners respectively. "



“As much as 73% of Chinese enterprises believe that blockchain is a top-five strategic priority, according to a report by Big Four audit and consulting firm Deloitte released on June 27.

In the report, titled “Deloitte’s 2019 Global Blockchain Survey,” the company surveyed 1,386 enterprise representatives in 11 countries, including 200 respondents in China to provide a greater knowledge about major attitudes and investments in blockchain as a technology.

The research was conducted between Feb. 8, 2019, and March 4, Deloitte noted in the report. "



"A powerful intergovernmental organization devoted to combating money laundering and terrorism financing has finalized its recommendations on regulating cryptocurrencies for its 37 member countries.

As expected, the Financial Action Task Force (FATF) standards released Friday include a controversial requirement that “virtual asset service providers” (VASPs), including crypto exchanges, pass information about their customers to one another when transferring funds between firms.

The final recommendation makes official the contentious part of FATF’s February proposal, saying countries should make sure that when crypto businesses send money, they... "


"Let's face it. Many people are resistant to technological changes in both their personal lives and at the office. However, what they often lack is the vision to see how the new technology they are resisting will improve their lives in the future.

Emerging technologies are exciting and bring innovation and new opportunities across the globe. They change our life by altering the way we think and operate on a daily basis. 

Technological innovation can impact a lot more than our daily lives. In fact, it can disrupt entire industries and change the way we do business. "



"Many industries are looking at the possibility of using blockchain, the distributed ledger system that underpins bitcoin and other cryptocurrencies. The idea is that because blockchains are immutable and decentralised, the data stored on them is trustworthy and secure. In theory, the technology should help conscientious customers understand the provenance of their purchase and know it is genuine.

But blockchain cannot detect whether a set of data is false: rather, it makes sure that once data has been recorded, it cannot be tampered with. "



“Markets and the weather hold one common attribute – they function in cycles. The token economy has suffered a prolonged winter throughout 2018 to Spring 2019. However, things have been looking increasingly positive throughout the second quarter of 2019.

Whilst the price of tokens are already up roughly 3 times, analysis of on-chain activity indicates that a full recovery may be imminent. Metrics such as transactions, hash power (dedicated to mining) and the number of new wallets opened have begun showing recovery signs similar to highs witnessed during the bull run of 2017. "