Discover and read the best of Twitter Threads about #custody
Most recents (16)
Well, we made some noise and I feel that it is the right time to explain our #vision, workflow and #investments thesis. Our vision is to be a leader of every liquid / investment / MM / Institutional niche in the #crypto and #web3 industry. It leads us to take care of our… twitter.com/i/web/status/1… 
1. Main investment target is #Layer1/#Layer2 #protocols. Investments and cooperation with such projects help us to reach a lot of promising early stage and super early stage projects in order to find brilliant investment #opportunities.
2. Second part of our investment targets includes the most promising and mainstream niches as #GameFi, #Guilds, #DeFi, Web3 #Derivatives, Web3 #Social platforms, #AI, #DAO and sometimes - #meme coins. Then we can play around our portfolio companies in order to find synergies… twitter.com/i/web/status/1…
Even though #marriage #registration is taken lightly in India, it is one of the most #Important things to be done once the rituals and the parties are over.
Here are the #Benefits of a #registered marriage in India
=Thread=
Here are the #Benefits of a #registered marriage in India
=Thread=
1. If a #spouse is working abroad and wants to take his or her partner along requires the #marriage #certificate.
The foreign #embassies abstain from issuing a work #permit in the absence of a marriage certificate.
The foreign #embassies abstain from issuing a work #permit in the absence of a marriage certificate.
[1/🧵] @DigiEuro interviewed @moderndosh and @AntonyWelfare on the @Ripple #CBDC-Manager software.
The underlying private #CBDC-ledger based on #XRPL was also heavily discussed.
I summarized the most of the interview for you, along with my personal comments. 🧵👇
The underlying private #CBDC-ledger based on #XRPL was also heavily discussed.
I summarized the most of the interview for you, along with my personal comments. 🧵👇
[2/19] To begin, if you are completely unfamiliar with #CBDCs and the #Ripple solution, here is a nice place to start:
[3/19] One important reason for using a private version of the public #XRPL is that a central #bank needs to be able to control the #money supply.
Why use a private ledger ❓
▶️ Central banks and #governments must be able to mint and destroy #currencies.
Why use a private ledger ❓
▶️ Central banks and #governments must be able to mint and destroy #currencies.
1/ MY SUMMARY🧵re: today's SEC #Custody Rule proposal, which is here: sec.gov/rules/proposed…
*NONE OF THIS IS LEGAL ADVICE*
tl;dr--it doesn't kill #crypto custody; it's a move against state-chartered trust companies; there's one big issue, tho, which will trigger huge pushback
*NONE OF THIS IS LEGAL ADVICE*
tl;dr--it doesn't kill #crypto custody; it's a move against state-chartered trust companies; there's one big issue, tho, which will trigger huge pushback
2/ THE BIG ISSUE (& I haven't seen anyone point this out yet)=the rqmt for custodians to indemnify for "negligence, recklessness or willful misconduct." All the banking, #WallSt, commodities & #crypto industries will push back together on this bc it could kill custody biz broadly
3/ What's the issue? Proposal wld apply Custody Rule to all asset classes incl commodities & #crypto (ie, not just securities)--OK, fine. But SEC also wants custodians to indemnify FULL asset value for losses in which custodian played ANY role (eg, an oil tanker sinks; cows die).
[1/18] #CryptoMeansBusiness—Die neue Marketing Kampagne von @Ripple—die anschaulich aufbereitet, aber von den wenigsten Leuten in Gänze verstanden wurde
Lass uns hinter den Vorhang schauen & die Kampagne mit diesem 🧵 etwas genauer unter die Lupe nehmen! 👀
#XRPArmy #XRP 👇
Lass uns hinter den Vorhang schauen & die Kampagne mit diesem 🧵 etwas genauer unter die Lupe nehmen! 👀
#XRPArmy #XRP 👇
[2/18] Mit dem Hashtag #CryptoMeansBusiness möchte #Ripple auf die sich scheinbar fortbewegende, aber tatsächlich stagnierende Finanzwelt aufmerksam machen (Status Quo)
Als Metapher gedeutet, soll sich jeder angesprochen fühlen, aus dem Kreislauf auszubrechen.
Als Metapher gedeutet, soll sich jeder angesprochen fühlen, aus dem Kreislauf auszubrechen.
[3/18] Um diese Kampagne auf die Beine zu stellen hat #Ripple mit @irisworldwide—einer "Global Creative" Firma und Agenturfirma von @Cheil_Worldwide, sowie @mckinney zusammen gearbeitet, um die Kampagne nach NYC, London, Dubai, Singapur und São Paulo zu bringen.
[1/20] John Orchard (CEO, @OMFIF) spricht in diesem gerade einmal 4 Monate alten Video über die Zukunft von #Blockchain, #NFTs und #Web3.
In diesem 🧵 fasse ich zusammen, welche spannenden Rückschlüsse gezogen werden und was die Zukunft für uns alle bereithält. 👀
In diesem 🧵 fasse ich zusammen, welche spannenden Rückschlüsse gezogen werden und was die Zukunft für uns alle bereithält. 👀
[2/20] Das erste Statement, gleich zu Beginn der Sitzung brachte mich zum Schmunzeln. 😉
Nach über 2 Jahren der Diskussionen und des Research zu #CBDCs, wissen die meisten #Zentralbanken bis heute immer noch nicht was sie tun sollen.
Nach über 2 Jahren der Diskussionen und des Research zu #CBDCs, wissen die meisten #Zentralbanken bis heute immer noch nicht was sie tun sollen.
[3/20] Danach startet Stefan Edelmann (@sygnumofficial) in das Gespräch mit einer Übersicht der Investmentmöglichkeiten im #DLT Bereich, die aus seiner Sicht existieren:
• Der technologische Layer / Das Fundament als neues digitales #Asset Universum (Nicht die Währung)
• Der technologische Layer / Das Fundament als neues digitales #Asset Universum (Nicht die Währung)
📢#MiCA is complete!
The landmark #crypto regulation sets out uniform 🇪🇺 requirements for offerors of #cryptoassets and service providers (#CASPs) to apply for authorisation in the Single Market.
👀🧵for a full dive on #MiCA and what it means for the #cryptoindustry.
1/22
The landmark #crypto regulation sets out uniform 🇪🇺 requirements for offerors of #cryptoassets and service providers (#CASPs) to apply for authorisation in the Single Market.
👀🧵for a full dive on #MiCA and what it means for the #cryptoindustry.
1/22
Even though a better agreement was close last week, 🇫🇷 vetoed it during the 🇪🇺 MS intervention period & raised concerns on USD-denominated #stablecoins used as a "means of #exchange", suggesting a return to their restriction when used for #settlement purposes ❗️
2/22
2/22
The compromise was to at least clarify that USD-#stablecoins used for spot #trading would NOT be captured.
The final text was approval by #COREPER yesterday and @EP_Economics will do it on 10/10. Final adoption by Ministers and the Parliament’s Plenary will be end of Oct.
3/22
The final text was approval by #COREPER yesterday and @EP_Economics will do it on 10/10. Final adoption by Ministers and the Parliament’s Plenary will be end of Oct.
3/22
Great Map by @XX_1133_1221_11
I noticed I have seen Heng Swee Keat somewhere in my research mindmap before👀
A deep research thread to show #Singapore is a leader in the global #4IR #DLT #Technology #Race🌎
#MAS #Fintech #Research #DeepDive #Innovation #Complex #Ubin🧠
-🧵-
I noticed I have seen Heng Swee Keat somewhere in my research mindmap before👀
A deep research thread to show #Singapore is a leader in the global #4IR #DLT #Technology #Race🌎
#MAS #Fintech #Research #DeepDive #Innovation #Complex #Ubin🧠
-🧵-
1. 2018 #NTP - Transformational platform - A one-stop interface that will enable traders to interact with all business stakeholders and regulators on trade-related TXNs
"Our vision is to be a truly global network, with efficient data flow to work together to facilitate trade"
"Our vision is to be a truly global network, with efficient data flow to work together to facilitate trade"
2. These #NTP are ecosystems of the future building a regulated digital ecosystem in Singapore
#Ripple, #Tradeflow, #Xinfin, #Wadzpay as examples
ntp.gov.sg/public/search-…
#XDC #WeAreXDC #tradeflow #ICC
#Digitalization #TradeFinance #Platforms #DLT #Data #fintech #Innovation
#Ripple, #Tradeflow, #Xinfin, #Wadzpay as examples
ntp.gov.sg/public/search-…
#XDC #WeAreXDC #tradeflow #ICC
#Digitalization #TradeFinance #Platforms #DLT #Data #fintech #Innovation
$QRDO WHY I’M BULLISH LONG TERM DESPITE THE HORRIC MACRO CLIMATE
Whilst it feels like everything is against us right now, I recently posted a thread that helps to identify the criteria needed for alt coins to survive a bear market, and provide a significant return on investment
Whilst it feels like everything is against us right now, I recently posted a thread that helps to identify the criteria needed for alt coins to survive a bear market, and provide a significant return on investment
Let’s pressure test $qrdo on some of the fundamental questions from the thread namely:
•Does it generate revenue?
•What’s in the Protocols Treasury?
•Token Utility & Use Case?
•The Team?
•Does it generate revenue?
•What’s in the Protocols Treasury?
•Token Utility & Use Case?
•The Team?
Will They Generate Revenue? Simple answer yes - @QredoNetwork will be revenue generating from 1 July 2022 with fees applicable to a whole host of protocol transactions from Power Swaps to Stable Coin Minting… From Wallet Connect to MMI (and many more).
I'm going to start this thread about #Qredo by listing many things @QredoNetwork has
- Security
- Speed
- Siloed Liquidity
- Reporting for institutions
- Unmatched privacy
- Blockchain interoperability
Let's discuss them further...
/1
- Security
- Speed
- Siloed Liquidity
- Reporting for institutions
- Unmatched privacy
- Blockchain interoperability
Let's discuss them further...
/1
Let's discuss security firstly.
To understand the uniqueness of $QRDO you need to understand what lies in the core of #mpc
So how would we best define MPC?
/2
To understand the uniqueness of $QRDO you need to understand what lies in the core of #mpc
So how would we best define MPC?
/2
Defining MPC.
Multi party computation is a cryptographic tool that allows multiple individuals to make calculations using their combined data.
This is without ever revealing their individual input.
#QREDO uniqueness lies in its decentralised MPC
/3
Multi party computation is a cryptographic tool that allows multiple individuals to make calculations using their combined data.
This is without ever revealing their individual input.
#QREDO uniqueness lies in its decentralised MPC
/3
#SupremeCourt hears a custody battle where the father seeks custody of his daughter back to Singapore
Justice Surya Kant: How old is she?
Lawyer: She is a 3 year old girl
Justice Kant: Then is she a table or chair that she can be moved to Singapore back?
#custody
Justice Surya Kant: How old is she?
Lawyer: She is a 3 year old girl
Justice Kant: Then is she a table or chair that she can be moved to Singapore back?
#custody
Justice Kant: How can you file a habeas corpus petition? She is with her mother..how can the mother become an illegal detainer?
Lawyer: But here only Singapore court has jurisdiction and she is here without permission of court
Justice Kant: then you have to lead with evidence
Lawyer: But here only Singapore court has jurisdiction and she is here without permission of court
Justice Kant: then you have to lead with evidence
Justice Hima Kohli: It is your contention that Singapore is place of residence. But the mother has come to India. if you have an order then see how it can be executed. but you cannot come here in a writ of habeas corpus.
The crypto boom is taking off like crazy! Everybody now wants to own digital money. People are using Exchanges/P2P to buy them. However, exchanges are currently the most popular choice for many! So it's high time we talk about them & understand "How they Work" in this 🧵 #thread!
Table of Contents: 📝
▪️What's an #exchange & how it works?
▪️Who are #MarketMakers & why we need them?
▪️What's #liquidity & why it matters?
▪️Types of Exchanges:
- Centralized Exchanges #CEX
- Decentralized Exchanges #DEX
#Retweet if you like the content! Let's get started! 🚀
▪️What's an #exchange & how it works?
▪️Who are #MarketMakers & why we need them?
▪️What's #liquidity & why it matters?
▪️Types of Exchanges:
- Centralized Exchanges #CEX
- Decentralized Exchanges #DEX
#Retweet if you like the content! Let's get started! 🚀
OFAC settlement w/@BitGo for apparently failing to prevent users accessing their online hot-wallet service via Crimea, Cuba, Iran, Sudan, & Syria IP addresses; service appears to be a non -custodial online wallet. Violaton of OFAC regs, NOT BSA . Let's look at the regs: /1
31 CFR 515.201, (i.e. Cuban Assets Control Regulations) prohibits transactions by foreign countries and their nationals including "...transfers, withdrawals, or exportations of, any property," /2
31 CFR 560.204 regarding Iran (defined as the Territority of Iran) also prohibits "exportation, reexportation, sale, or supply, ....from the United States....of any goods, technology, or services to Iran or the Government of Iran" /3
1/ GREAT ARTICLE abt how financial mkt plumbing really works, incl the real reason why Lehman failed & why the same probs still mostly exist: #rehypothecation + a shortage (!) of collateral despite frenzy of new govt debt issued. @JeffSnider_AIP @RaoulGMI realclearmarkets.com/articles/2020/…
2/ But lemme connect 3 dots abt how it relates to #crypto
* There's a SHORTAGE of collateral (T-bills, etc)--the stuff big dealer banks NEED in order to fund themselves. Facebook Libra/Diem could worsen that shortage a lot, so you can see why central bankers view it as a threat.
* There's a SHORTAGE of collateral (T-bills, etc)--the stuff big dealer banks NEED in order to fund themselves. Facebook Libra/Diem could worsen that shortage a lot, so you can see why central bankers view it as a threat.
3/ The #repo mkt periodically has disruptions caused by collateral shortages/undercapitalization of the big dealer banks. @JeffSnider_AIP looks at March 2020 in this piece but many other examples exist, eg Lehman in 2008. When repo mkt seizes up, the probs ripple across fin mkts.
1/10
Looked into #Paypal's access to #cryptocurrencies, as a lot of people in the #xrpcommunity were giving out about them not including #XRP
Would appreciate critical thinkers to give their opinion: @HamEggsnSam @galgitron @XRP_OWL @Kevin_Cage_ @MoonLamboio @WorkingMoneyCH
Looked into #Paypal's access to #cryptocurrencies, as a lot of people in the #xrpcommunity were giving out about them not including #XRP
Would appreciate critical thinkers to give their opinion: @HamEggsnSam @galgitron @XRP_OWL @Kevin_Cage_ @MoonLamboio @WorkingMoneyCH
3/10
Here is the @Reuters article:
reuters.com/article/us-pay…
2 quotes from the bottom of the article:
"cryptocurrency licence from the New York State Department of Financial Services"
"PayPal is teaming up with cryptocurrency firm Paxos Trust Company to offer the service."
Here is the @Reuters article:
reuters.com/article/us-pay…
2 quotes from the bottom of the article:
"cryptocurrency licence from the New York State Department of Financial Services"
"PayPal is teaming up with cryptocurrency firm Paxos Trust Company to offer the service."
1/ Thanks for a fun discussion w/ @WallStreetBTC, @ronqman--many great ?s abt what #Wyoming's #blockchain laws mean. 3 big things for attys to dig into: (1) law of possessory security interests--lots of precedent--means #WY law may apply to #crypto lending/prime brokerage tx even
2/ if you structured it not to, (2) direct ownership + bailment = v investor-friendly #custody regime--doesn't exist in #securities custody today. Many ppl who want custodians to be just service providers, not counterparties, will love having this option (esp HNW & fiduciary
3/ investors, such as mutual & pension funds, etc) & (3) #Wyoming's long history of favorable tax & privacy laws (+culture of defending these)=powerful combination. I forgot to mention WY has 25 Opportunity Zones: wyomingbusiness.org/news/wyoming-n…. We'll host event in WY in May-deets soon!
