
SEC has dropped the lawsuit against Ripple XRP executives Chris Larsen and Brad Garlinghouse.
Tag Archives: INTELPIC

From 2024, the Moscow Exchange will list tokenized real estate as digital financial assets (DFA). The central bank has licensed ten. DFA issuers but granted the Moscow Exchange the first DFA exchange license in August. The National Settlement Depository, Russia’s primary central securities depository (CSD), became a licensed DFA issuer. The key benefits of DFAs are fractionalization and programmability. One of the first DFA tokenization platforms, Atomyze, has already issued three real estate DFAs, with one available to consumers. It apparently had a guaranteed minimum return of 10%. Other DFA issuers include Russia’s largest bank Sber, Alfabank and the St Petersburg Exchange. Real estate tokenization is attracting significant interest in other jurisdictions. In Japan, it’s the most popular avenue for tokenization. Mitsui & Co Digital Assets launched a platform enabling consumers to invest directly, sidestepping traditional securities intermediaries. And in Israel, the land registry is planning an exchange

Templeton Launches Tokenized Mutual Fund on Polygon
Franklin Templeton, a leading global investment management firm, recently invested in Polygon, a layer-2 scaling solution for the Ethereum blockchain. This significant move by Templeton Money Market Fund reflects the growing interest and adoption of decentralized finance (DeFi) by traditional financial institutions. Polygon’s technology, which reduces transaction costs and increases speed, serves as a bridge between traditional finance and DeFi, thereby allowing a broader range of investors to participate in the rapidly evolving ecosystem.
The integration of Templeton Money Market Fund with Polygon signals a shift in the financial landscape, as traditional and decentralized financial systems merge. The investment by Franklin Templeton showcases their forward-thinking approach and belief in the potential of DeFi. This collaboration is expected to pave the way for other traditional financial institutions to explore the benefits of decentralized finance and invest in blockchain technology.

BASEL III implementation recap per country
The timeline for full adoption and implementation globally is 2025 so you will see more banks downsizing to meet the capital requirements.
I expect some of the items will start or go to next phase after the 19 November 23 ISO20022 US deadline
www . bis . org / bcbs / implementation / rcap_reports . htm

“A proposed multi-trillion pound strategic development program drawn up for Vladimir Putin would seek to develop teleportation by 2035,” the newspaper said.
It quoted the Moscow-based Kommersant Daily as saying that “The ‘road map’ for development of the cybernetics market to 2035 also includes developing a Russian computer programming language, secure cybernetic communications, quantum computing, and neural interfaces [direct connections between computers and human brains].”
“Russia has a talented programming community and a small but vibrant software sector that has produced several successful IT companies, including Yandex and Kaspersky Labs,” The Daily Telegraph said.
It also stressed the Western governments’ suspicions that ” Russia has leveraged its computing talent to put together one of the most fearsome state-sponsored hacking and cyber-warfare programs on the planet.”

The ISO 20022 standard, known for providing consistent, structured data for various financial transactions, has now embraced the world of cryptocurrencies. This milestone signifies a pivotal moment in the convergence of traditional finance and digital assets. 🚀🚀🚀🚀
The ISO 20022 Crypto-list, comprising eight standards within the International Organization for Standardization (ISO), includes notable cryptocurrencies such as Verge (XVG), Algorand (ALGO), Cardano (ADA), XDC Network (XDC), IOTA (MIOTA), Hedera (HBAR), Stellar (XLM), 🥳🥳🥳🥳🥳🥳 Ripple (XRP), and Quant (QNT). These cryptocurrencies are now positioned to benefit from the increased recognition and credibility associated with ISO 20022 compliance.
Stephen Lindsay, the Business Lead at the Society for Worldwide Interbank Financial Telecommunication (SWIFT), revealed the organization’s commitment to supporting banks by providing standardized ISO 20022-based services.
SWIFT aims to expand the range of services available to banks for cross-border payments in the future, reinforcing the significance of ISO 20022 as a game changer in global finance. 🥳🥳🥳🥳
As the world of cryptocurrencies continues to evolve, the impact of ISO 20022 compliance cannot be overstated. It marks a significant step towards mainstream acceptance and recognition of digital assets as legitimate components of the global financial ecosystem. 🆗🆗🆗🆗🆗🆗

Elba is now working with the Stellar Development Foundation, a nonprofit that supports the growth of the Stellar blockchain network. He started out as a paid brand ambassador, but the relationship has morphed into something more like a mutual business partnership.
The conversation was about real-world utility. “I don’t see myself putting my name to a crypto brand,” says Elba. “I’m highlighting the capabilities of [blockchain as a] tool. And in my opinion, Stellar articulates it best.” 🎉🎉🎉🎉🎉
The particulars of the partnership are at this stage unclear. But to read between the lines, the ambition is to give residents of West Africa an alternative rail for transacting with one another and managing their money.
Elba compares the potential transition in West Africa, from traditional banking to crypto-based financial services, to the shift from physical mail to email. He imagines that, in the same way email gave anyone with internet access an online address from which to communicate, crypto could give everyone a digital financial address.💥💥💥💥

















