EMN Weekly Issue #6

Welcome to the 6th issue of EMN Weekly!

We bring to you trending hot RWA-centric and MiCA news of the week, crypto humour and latest developments at E Money Network. Happy reading!

What's in Today's Issue?

• This Week's Top RWA & MiCA News

• Crypto Humour for the Week

• Top E Money Network Posts of the Week

• Community Spotlight

Top RWA & MiCA News of the Week

1. Deutsche Telekom to run standby masternode for RWA-focused XDC Network - German telecommunications giant, Deutsche Telekom’s subsidiary recently announced that it will offer its services to XDC Network. XDC Network is a blockchain focused on RWA tokenisation, trade finance and decentralised physical infrastructure (DePIN). As per the announcement, Deutsche Telekom MMS, which specialises in cloud and internet infrastructure, is going to offer infrastructure services to XDC Network and run a standby masternode.

2. RWA platform AgriDex settles first trade on Solana - AgriDex, an agricultural RWA marketplace, recently executed its first trade on the Solana blockchain. The trade involved enabling over 200 bottles of olive oil and numerous cases of wine to reach London from their sources in South Africa. The platform charged a 0.15% fee on each side of the trade for helping in conducting this trade.

3. Backed & Lisk partner to boost RWA adoption across emerging markets - As per a recent announcement, RWA tokenisation platform Backed and L2 blockchain Lisk have partnered for accelerating RWA tokenisation across emerging markets. “Backed’s innovative approach to RWA tokenization, coupled with our focus on interoperability and Emerging Markets, will accelerate the adoption of blockchain-based solutions and empower individuals in regions with significant potential for growth,” shared Erwan Mismaque, head of on-chain finance at Lisk.

4. Polytrade Launches Planet Refi’s Messi-backed RWA on-chain - RWA marketplace Polytrade has announced the launch of Planet Refi’s Limited Edition Messi Golden Boot Draw on its platform to mark Argentina’s victory in Copa America. This will enable fans to own a signed, limited-edition golden boot based on the left boot of Lionel Messi.

5. EU shares new guidelines for crypto asset classification under MiCA - Three regulatory bodies in the European Union - the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority recently published a consultation paper clarifying the classification of digital assets in the EU. The paper is aimed at enabling crypto firms to understand whether a token falls under MiCA through question-based prompts, and whether the token is a standard crypto asset or an electronic money token (EMT) or asset-referenced token (ART).

Crypto Humour of the Week

https://x.com/emoney_network/status/1815343487006757034

Top E Money Network Posts of the Week

1. E Money Network announced WalletConnect feature for accessing dApps and -

https://x.com/emoney_network/status/1815406498798883024

1. E Money Wallet integrated Xend Finance’s Asset Chain testnet - https://x.com/emoney_network/status/1816087227337785558

1. E Money Wallet recently integrated Redbelly Network testnet - https://x.com/emoney_network/status/1815743966802825242

Community Spotlight

E Money Network recently added several exciting new features on E Money Wallet and our dear community members are helping spread the word about them - https://x.com/blockchain_goat/status/1815748755871744435

That’s a wrap for this week. We will be back next week with more exciting news, updates and memes!