Weekly FinTech Highlight

This week's #FinTech highlights. #MiCa final text has been published. Swift explores #Blockchain interoperability. BIS is researching on quantum proofing the financial system. SEC charged Binance & Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency (i.a. for offering staking-as-a-service). An interesting week for #Crypto, with more adverse conditions in the US and more favourable in Europe, will there be a massive shift of Blockchain based projects coming over to prosper in Europe?

European Markets in #Crypto Asset (#MiCa) has just been published in final form.

Swift explores #blockchain interoperability to remove friction from tokenised asset settlement

In a new set of experiments, Swift will collaborate with more than a dozen major financial institutions and FMIs including Anz (Australia And New Zealand Bank), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear, Lloyds Banking Group, SIX Digital Exchange and The Depository Trust & Clearing Corporation (DTCC) – to test how firms can leverage their existing Swift infrastructure to efficiently instruct the transfer of tokenised value over a range of public and private #blockchain networks. Special mention: Tom Zschach

AI and #Blockchain Integration in Business: Trends from a Bibliometric-Content Analysis

Artificial Intelligence and #blockchain integration in the Fourth Industrial Revolution (IR4.0) is reshaping industries and creating new business models. The study characterizes the applications and benefits across various verticals, including supply chains, healthcare, secure transactions, and finance.Discover the potential of this powerful combination for business innovation. Author: Satish Kumar, Weng Marc Lim, Uthayasankar Sivarajah, Jaspreet Kaur

#ProjectLeap - quantum-proofing the financial system by Bank for International Settlements – BIS

The aim of Project Leap is to help secure the financial system against the threat by quantum computing. It is already feasible to implement quantum-resistant cryptographic protocols. However, implementing them in financial systems raises a number of challenges. Specifically, the lack of flexibility in legacy systems means that a major transition effort will be necessary. Project Leap addresses some of the specific challenges of implementing quantum­-resistant IT environments for the financial system, with a view to preparing for this transition and accelerating it. Author/Contributor: Raphael Auer, Angela Dupont, Andras Valko, David Whyte, Ph.D., Christophe Laforge, Marc Fasquelle, Olivier Lantran, Benjamin Delpy, Nicolas Margaine, David Viatgé, Legeleux Erwan, Blandine Leal, Julia Biesen, Thomas Kraus, Florian Stock, Henrieke Grimm, Max Grytz, Vasileios Rentoumis, Sjoerd van der Vaart, Jean-Charles Faugere, Christian d'Orival, Pascal Maudet, Julien Prat, Miguel Diaz and Baltazar Rodriguez#ProjectLeap - quantum-proofing the financial system by Bank for International Settlements – BIS

Security Exchange Commission Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency

Coinbase also charged for the unregistered offer and sale of securities in connection with its staking-as-a-service program.

Coinbase had repeatedly asked for guidance by SEC

and is now defendant in a civil action: https://lnkd.in/eCu4wkxt