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Daily News Summary 25/6

June 25, 2024 Tóth Balázs
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Gold Ownership NFTs Available on German Swarm Market

Berlin-based tokenization platform for real-world assets (RWA), Swarm Markets, announced that users can now purchase NFTs representing ownership of physical gold. The gold bars underlying these tokenized assets will be stored in a Brink’s vault in London. These NFTs can be traded on Swarm’s decentralized financial platform, but users must undergo know-your-customer (KYC) and anti-money laundering (AML) processes.

Mt. Gox to Begin BTC and BCH Repayments in July

The defunct Mt. Gox has issued an official statement declaring that preparations are complete and repayments to creditors will begin in early July 2024. A total of $9 billion worth of BTC and BCH will be disbursed according to the plan. This procedure has sparked market concerns about the influx of supply, but the liquidators will coordinate the repayments with brokers. The specific execution details are still pending.

ECB Report on CBDC Program

The European Central Bank (ECB) has released a report on the development of central bank digital currency (CBDC). According to the report, payment service providers will not be allowed to use consumers’ financial data without obtaining prior consent from the individuals. Additionally, offline transactions would be conducted without third-party intermediaries, relying on smartphones, smart cards, and bridging solutions.

Strike Expands Further

The popular Bitcoin payment app, Strike, founded by Jack Mallers, has launched its services in the United Kingdom. The “Send Globally” feature allows users to make fast and low-cost transfers using the Bitcoin Lightning Network. Strike is currently available in 100 countries worldwide, with its European launch having taken place in April.

Solana Introduces Blinks

The Solana Foundation has announced the introduction of Solana Actions and the arrival of blockchain links, or “blinks.” These links allow for a sharable interface required for a Solana transaction. This solution enables users to perform crypto transactions without leaving the website. The new feature can be used for crowdfunding, online shopping, and on-chain voting.
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