Blockchain Catch-upThis is Charles Brett’s start-of-the-week Enterprise Times ‘blockchain catch-up’ 2022-Week 47. Necessarily it is idiosyncratic and selective.

It is not intended to be comprehensive but does seek to highlight ‘Quick Takes’ on specific developments as well interesting pieces to read, a listing of some (not all) announcements/press releases and pointers to upcoming events.

Quick Take(s) – Charles Brett’s Blockchain Catch-up 2022-Week 47

FTX chaos prompts reckoning on Dubai’s embrace of crypto giants 

Per Bloomberg (behind paywall): “on Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale Dubai restaurant, subtly testing the waters for funding at a table of founders, bankers and financiers… It turned out to be a final hurrah before the former billionaire’s troubles were exposed to the world.

“The implosion of FTX, which went from a $32 billion valuation to bankruptcy in the ensuing weeks, sent crypto markets into a tailspin, driving billions of dollars in outflows from some of the biggest global exchanges. The aftershocks have reverberated particularly hard in the United Arab Emirates — especially in Dubai, which has been working to lure the world’s largest firms with its crypto-friendly policies.”

Quick Take: while Dubai’s reconsideration may be hitting Bloomberg’s highlights, this will be only one of many. For Enterprise Times, the FTX fiasco, following on lesser – or less onerous ones – comes as no great surprise. However, to Enterprise Times, the bigger question relates to what will be the impact on ‘digital currencies’ (in their broadest sense) and whether there will be a knock-on effect on blockchain as an enabling technology.

7 pieces to read – Charles Brett’s Blockchain Catch-up 2022-Week 47

Selected announcements/press releases/opinions – Charles Brett’s Blockchain Catch-up 2022-Week 47

  • Blockchain may have a green future regardless of crypto (opinion, behind FT paywall)
  • Blockchain supports cryptocurrency regulation (opinion)
  • The global ambitions of Partior, the JP Morgan, DBS blockchain payment system (opinion)
  • BOJ eyes pilot experiments next year to issue digital yen (announcement)
  • Apollo plans to offer a new fund on blockchain with fintech figure (announcement)
  • Cardano is launching a new privacy blockchain and token (announcement)
  • Casper Association launches $25M grant to support developers on its blockchain (announcement).

Selected upcoming events

  • Crypto and Digital Assets Summit – Winter Edition (28th November, 2022)
  • Bitcoin Conference (18th-20th May, 2023).


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