EMN Weekly Issue #21
Hello everyone!
We are excited to bring to you the 21st issue of EMN Weekly!
In this issue, we have covered the most important RWA & MiCA news of the week and the latest updates from E Money Network. We hope you find this issue both interesting and informative. Happy reading!
What's in Today's Issue?
This Week's Top RWA & MiCA News
Meme Time: Crypto Humor for the Week
E Money Network Updates: What You Need to Know
Community Spotlight
Top RWA & MiCA News of the Week
BNB Chain unveils no-code solution for RWA tokenisation - BNB Chain recently unveiled a disruptive RWA tokenisation solution which allows individuals and businesses to tokenise real world assets in minutes, without the need for coding. This service is equipped with built-in compliance tools and clear guidance at each step of the tokenisation process, including asset securitisation and onchain minting of tokens. This solution is poised to lower the barrier to entry for small businesses seeking to leverage real-world asset tokenization by reducing the cost, time and labor required to tokenise assets.
Monetary Authority of Singapore planning to advance tokenisation in financial services - The Monetary Authority of Singapore (MAS) recently announced plans to advance commercialisation of asset tokenisation in financial services. These plans include forming commercial networks to deepen liquidity of tokenised assets, developing an ecosystem of market infrastructures, fostering industry frameworks for tokenised asset implementation, and enabling access to a common settlement facility for tokenised assets. The MAS has, under Project Guardian, convened over 40 financial institutions, industry associations and international policymakers across seven jurisdictions to carry out industry trials on the use cases of asset tokenisation in capital markets. More than 15 industry trials have been conducted in six currencies across multiple financial products till now.
Securitize to solve inefficiencies in traditional fund administration with its fund services platform - Securitize Inc, a leader in real world asset tokenisation, has revealed the launch of Securitize Fund Services. The new platform is aimed at fixing the inefficiencies in traditional fund administration by offering a fully integrated system for token issuance, capital raising, secondary trading on a regulated Alternative Trading System (ATS), transfer agent services, and comprehensive fund administration capabilities.
ATME set to transform regional capital markets with trading platform and RWA tokenisation services - ATME, the digital assets exchange licensed by Central Bank of Bahrain, is set the transform the capital markets across Middle East and beyond with a secure trading platform and a suite of comprehensive asset tokenisation services. ATME runs a digital marketplace that allows issuers to convert real-world assets such as commodities, private equity, real estate and more into tokens stored on a private blockchain and available for trading within a regulated environment.
Bitpanda partners with Eventus to meet legal requirements and trade surveillance needs - Bitpanda has partnered with RegTech company Eventus to deploy the Validus platform for meeting legal and trade surveillance requirements. Eventus’ Validus platform will help Bitpanda comply with MiCA regulations. Bitpanda will leverage the platform’s automation capabilities to detect and prevent market abuse, manipulation and insider trading.
Crypto Humour of the Week
Three Cheers for Trump! - https://x.com/emoney_network/status/1854109610673914302
Top E Money Network Posts of the Week
E Money Network shared the details of Founder & CEO Raj Bagadi’s AMA with the community. Check the entire recording of the AMA spaces - https://x.com/i/spaces/1LyxBgBNlDzKN
E Money Network launched a bounty contest with Superteam - https://x.com/emoney_network/status/1853409550331740170
Community Spotlight
We’re super excited to read your entries for our bounty contest! https://x.com/eyo_ifreke/status/1853523210332955113
That’s a wrap for this week. See you all next week with more exciting news and updates. Stay tuned!
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