Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Virtual Assets and Related Activities Regulations 2023. The Regulations set out a comprehensive Virtual Asset (VA) Framework built on principles of economic sustainability and cross-border financial security. The UAE has remained committed to enabling these drivers safely, updating its oversight and regulatory approach, addressing global risks […]
Blockchain-based financial applications are considered to be the future of the financial system. From banking the unbanked to lowering fees and allowing for personalised, consumption-based insurance, blockchain-based applications are intended to renew legacy systems and replace many intermediaries. However, this requires further thinking than ever before. By Ralf Kubli, Board Member, Casper Association The key […]
According to a recent report published by the IADB, the LAC PropertyChain pilot shows that “complex property transactions can be sufficiently modeled, coded, and processed on a distributed blockchain network.”. The report goes on to explain how the technology can alleviate problems that currently plague real estate transactions in Latin America. The Inter-American Development Bank […]