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Topic: Government

5

Interview

Bitwave Looks to Ease Accounting Complexities That Arise From Enterprise Adoption of NFTs

In an interview conducted at the NFT.NYC conference in New York, David Berlind engages in a conversation with Amy Kalnoki, the COO and co-founder of Bitwave. Bitwave is essentially an accounting solution that bridges the gap between an organization's traditional financial recordkeeping systems (e.g., NetSuite, Quickbooks, etc.) and its implementations of blockchain. The net effect, Kalnoki claims, is an automated consolidation of all financials (fiat and cryptocurrency) into one single source of truth in a way that's designed to simplify both financial recordkeeping and tax compliance. This arrangement overcomes the inability of the traditional financial systems to cope with the complexities of cryptocurrency recordkeeping.

By David Berlind

Published:April 11, 2024

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13 min read

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J.P. Morgan Taps Into Avalanche to Use Blockchain for Portfolio Management
J.P. Morgan's Onyx, Apollo Global Management, and the Monetary Authority of Singapore (MAS) have collaborated on a proof-of-concept (under MAS “Project Guardian”) to showcase the benefits of asset tok...
Digital Asset CustodyDecentralized Finance (DeFi)

By {"title":"Elizabeth Morrison","link":""}

Published:November 15, 2023

Mastercard Successfully Demonstrates Tokenized CBDCs Across Different Blockchains
Mastercard announced it has successfully demonstrated a technology that allows central bank digital currencies (CBDCs) to be tokenized—also known as “wrapped”—onto different blockchains. This solution...

By {"title":"Elizabeth Morrison","link":""}

Published:October 13, 2023

The Central Bank of Korea Reveals Possible Plans for Central Bank Digital Currency (CBDC)
In its 2022 Payment and Settlement Systems Report, The central Bank of Korea (BOK) revealed that it has been experimenting with the idea of implementing a Central Bank Digital Currency (CBDC).

By {"title":"Elizabeth Morrison","link":""}

Published:July 20, 2023

South Korea Plans to Require Crypto Holdings Disclosure
Draft rules from South Korea’s Financial Services Commission (FSC) state that companies will be required to disclose their crypto holdings as part of their financial statements if they own or issue cr...

By {"title":"Elizabeth Morrison","link":""}

Published:July 12, 2023

The Monetary Authority of Singapore Reports Outcomes from Project Guardian
After three trials of analyzing infrastructure frameworks for facilitating the trading of tokenized assets, the Monetary Authority of Singapore (MAS) has shared observations in its Project Guardian re...

By {"title":"Elizabeth Morrison","link":""}

Published:June 26, 2023

King Charles Provides Royal Assent to UK Crypto Bill
The Financial Services and Markets Bill, introduced in the United Kingdom and that classifies crypto as a regulated financial activity, has been given Royal Assent by King Charles. This step makes the...

By {"title":"Elizabeth Morrison","link":""}

Published:June 29, 2023

Japan’s Financial Services Authority Joins “Project Guardian” Initiative by Monetary Authority of Singapore
The Financial Services Authority (FSA) of Japan has revealed its involvement in the "Project Guardian" initiative, led by the Monetary Authority of Singapore (MAS).Launched in May 2022, this collabora...

By {"title":"Elizabeth Morrison","link":""}

Published:June 27, 2023

Liechtenstein Plans to Add Bitcoin as Payment Option for Government Services
Liechtenstein, a small European country known for its favorable regulatory environment for fintech and blockchain startups, is considering allowing its citizens to pay for government services with Bit...

By {"title":"Elizabeth Morrison","link":""}

Published:May 23, 2022

Kenya Proposes 3% Tax on Digital Assets
Kenya's Finance Ministry is proposing a 3% tax on cryptocurrency transfers and digital assets as part of its 2023-2024 budget plan, as other sources of funding are proving to be expensive or not acces...

By {"title":"Elizabeth Morrison","link":""}

Published:May 4, 2023

California DMV is Testing Car Titles as NFTs
California Department of Motor Vehicles (DMV) has teamed up with Tezos and Oxhead Alpha to test using the Tezos public distributed ledger to distribute digitized car titles as non-fungible tokens (NFT...

By {"title":"Elizabeth Morrison","link":""}

Published:January 27, 2023

The Central Bank of the UAE (CBUAE) selects R3, G42 Cloud and Clifford Chance to assist CBUAE in implementing its CBDC Strategy
The Central Bank of the UAE (CBUAE) is investing in a digital transformation initiative and has launched its CBDC investment strategy. This CBDC strategy is aimed at relieving the challenges of cross-...

By {"title":"Elizabeth Morrison","link":""}

Published:April 4, 2023

International Monetary Fund Advises Central Bank of Jordan on CBDC Implementation
The International Monetary Fund (IMF) has provided recommendations to the Central Bank of Jordan regarding the implementation of a retail Central Bank Digital Currency (rCBDC). The bank is closer to f...

By {"title":"Elizabeth Morrison","link":""}

Published:February 23, 2023

Bank of Japan to Pilot Test the “Digital Yen”
The Bank of Japan shared that it will launch a pilot program to test its central bank digital currency (CBDC), the “Digital Yen,” in April 2023. The institution kicked off a proof-of-concept in April ...

By {"title":"Elizabeth Morrison","link":""}

Published:April 19, 2023

J.P. Morgan Successfully Executes Its First DeFi Transaction on a Public Blockchain
The first public blockchain transaction by J.P. Morgan was executed as a part of The Monetary Authority of Singapore (MAS)’s Project Guardian’s digital asset and bond tokenization pilot (one of eight ...

By {"title":"Elizabeth Morrison","link":""}

Published:November 3, 2022

Japan’s SBI Digital Asset Holdings Joins Project MAS’ Guardian
Launched in May, the Monetary Authority of Singapore (MAS)’s Project Guardian includes a variety of pilots, one of which is a program that focuses on digital assets using tokenization on public blockc...

By {"title":"Elizabeth Morrison","link":""}

Published:September 22, 2022

The Monetary Authority of Singapore (MAS) Announces Project Guardian
The Monetary Authority of Singapore (MAS) has introduced Project Guardian, a pilot initiative focused on digital assets using tokenization on public blockchains. The project includes established finan...

By {"title":"Elizabeth Morrison","link":""}

Published:May 31, 2022

Switzerland City of Lugano Announces Bitcoin, Tether, and LVGA as Legal Tender
The southern Swiss city of Lugano has partnered with iFinex, Inc. to allow local businesses to accept Bitcoin, Tether, and LVGA for payments. Additionally, its residents will be able to pay taxes, par...

By {"title":"Elizabeth Morrison","link":""}

Published:March 3, 2022

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Interview

Bitwave Looks to Ease Accounting Complexities That Arise From Enterprise Adoption of NFTs

In an interview conducted at the NFT.NYC conference in New York, David Berlind engages in a conversation with Amy Kalnoki, the COO and co-founder of Bitwave. Bitwave is essentially an accounting solut...
NFT.NYCRegulationGovernmentTaxation

By David Berlind

Published:April 11, 2024

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Interview

The Digital Chamber's Cody Carbone Predicts Breakthroughs in US Crypto Lawmaking After the Election

In this interview, BlockchainJournal.com editor-in-chief David Berlind and Cody Carbone, Chief Policy Officer at The Digital Chamber, discuss the myriad regulatory challenges in the blockchain and cry...

By David Berlind

Published:April 10, 2024

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Interview

Comprehensive Series of Blockchain Events On-Tap For Boston Blockchain Association in 2024

In this podcast, recorded on February 16th, 2024, Blockchain Journal editor-in-chief David Berlind interviews Boston Blockchain Association (BBA) Chairman Doug Mehne during a special event at the down...

By David Berlind

Published:March 2, 2024

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Interview

European Blockchain Lawyer: US Will Catch Up To Europe Once America's Crypto Laws Take Shape

In this podcast, Blockchain Journal editor-in-chief David Berlind interviews Tanya-Elisa (Vasilyeva) Baseley, a regulatory attorney based in Europe. Baseley discusses her work in navigating the comple...

By David Berlind

Published:March 1, 2024

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Interview

Aon Managing Director Knox: Lack of Regulatory Clarity Leads to Blockchain Investments Outside of US

In this podcast video interview recorded on December 4th, 2023, Blockchain Journal editor-in-chief David Berlind speaks with Aon Managing Director James Knox who was one of the panel discussion modera...

By David Berlind

Published:December 13, 2023

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Interview

New Hedera Governing Council President Adkins: 2024 Is Pivotal Year For Enterprise Blockchain Adoption

In this episode of the Blockchain Journal podcast, BlockchainJournal.com editor-in-chief David Berlind interviews Charles Adkins, the newly appointed president of the Hedera Governing Council. They di...

By David Berlind

Published:December 13, 2023

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Interview

Use Non-Blockchain Precedents as a Guide To Self-Regulation Say Perkins Coie's Crypto Lawyers

Many companies are in a catch-22 when it comes to working with blockchain. On the one hand, organizations are fearful of doing nothing with blockchain because they know how, in the hands of a clever c...

By David Berlind

Published:April 18, 2023

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Interview

Deloitte: Businesses That "Sit on the Sidelines" While Others Pilot Blockchain Will Be Left Behind

Wendy Henry is the Global Practice Lead for Deloitte's Digital Assets and Cryptocurrency Consultancy; one of the firm's four business units dedicated to helping its business clients get the most out o...

By David Berlind

Published:April 1, 2023

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Interview

Overall Trust in Businesses Is at Record Lows. Can Blockchain Help to Bring it Back?

According to the Principal Leader of Deloitte's global Enterprise Trust Practice Michael Bondar, businesses are facing an unprecedented erosion of trust when it comes to their stakeholders (customers,...

By David Berlind

Published:April 1, 2023

Government of Plateau State of Nigeria Web3 & Blockchain Program

Blockchain ExplorerGovernment
Project Owner:
Government of Plateau State of Nigeria
Latest Milestone: February 20, 2024

Norges Bank CBDC Program

Project Objective:setting iconRegulatory Action
Project Owner:
Latest Milestone: December 19, 2023

European Central Bank (ECB) CBDC Program

Project Objective:setting iconRegulatory Action
Latest Milestone: November 24, 2023

Bitcoin in the Bundestag Initiative

Project Objective:setting iconRegulatory Action
Project Owner:
Latest Milestone: November 11, 2023

Mastercard CBDC Tokenization

Project Objective:setting iconRegulatory Action
Project Owner:
Latest Milestone: October 12, 2023

Bank Of Korea (BOK) CBDC Program

Project Objective:setting iconRegulatory Action
Project Owner:
Latest Milestone: July 20, 2023

South Korea FSC Cryptocurrency Guidelines

Project Objective:setting iconRegulatory Action
Latest Milestone: July 12, 2023

Regulated Liability Network (RLN) US Proof of Concept (PoC)

Project Objective:setting iconRegulatory Action
Latest Milestone: July 6, 2023

Financial Services and Markets Act 2023

Project Objective:setting iconRegulatory Action
Project Owner:
Latest Milestone: June 29, 2023

Liechtenstein Government Bitcoin Payments

Project Objective:setting iconRegulatory Action
Latest Milestone: May 8, 2023

Kenya Digital Asset Taxation

Project Objective:setting iconRegulatory Action
Latest Milestone: May 4, 2023

Vehicle Title System for California DMV

Project Objective:setting iconIndustry Disruption
Project Owners:
Oxhead Alpha,
Latest Milestone: April 27, 2023

Central Bank of the UAE CBDC Program

Project Objective:setting iconRegulatory Action
Latest Milestone: April 4, 2023

Lugano, Switzerland Cryptocurrency Payments Program

Project Objective:setting iconRegulatory Action
Latest Milestone: March 12, 2023

Central Bank Of Jordan (CBJ) CBDC Program

Project Objective:setting iconRegulatory Action
Latest Milestone: February 23, 2023

Bank Of Japan CBDC Program

Project Objective:setting iconRegulatory Action
Project Owner:
Latest Milestone: February 17, 2023

Project Hamilton

Project Objective:setting iconRegulatory Action
Latest Milestone: December 22, 2022

Bank of China (Hong Kong) (BOCHK) Programmable Payments

Project Objective:setting iconDigital Transformation
Latest Milestone: November 2, 2022

United States Postal Service (USPS) Licensing Program

Project Objective:setting iconStakeholder Engagement
Latest Milestone: November 1, 2021
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LVGA (LVGA)

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