OCTOBER 2024 NEWSLETTER
Tokenized Assets & Digitized Securities Insights

TOP STORIES

US Election Optimism Fuels $2.2B Inflows in Crypto Products
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US. Read more
Hong Kong’s Financial Secretary Highlights Focus on CBDCs & Virtual Asset Trading
At the FinTech Innovation Lab Asia-Pacific 2024, Hong Kong’s Financial Secretary Christopher Hui focused on CBDCs and virtual asset trading, highlighting the integration of advanced technologies to support the region’s digital financial system. Read more
Vietnam Sets Sights on Blockchain Leadership with New National Strategy
Vietnam took a big step towards becoming a regional leader in blockchain technology with the official release of its new national blockchain strategy on October 22. Read more

TOKENIZED ASSETS & DIGITIZED SECURITIES (TADS)

UK believes Trial to Embrace Digital Securities Can Protect ‘Market Integrity’
FCA and Bank of England detail new policy changes and flexible firm-specific limits for Digital Securities Sandbox participants. Read more
How RWA Tokenization Is Redefining Unique Markets Like Air Rights, LEGOs, Tree Plantations and More
Real-world asset (RWA) tokenization is on the rise and is predicted to disrupt a number of industries in the financial services sector. Read more

WEB3 TRANSFORMATION

DBS Rolls Out Blockchain-based Banking for Institutions
DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency. Read more
iSHANG & 3Business Collaborate on Web3 Coupon Enterprise Solution under Cyberport Web3 Proof-of-Concept Subsidy Scheme
This new collaboration represents a major leap forward in enhancing customer engagement and rewards. Read more
TRON DAO Supports Princeton Blockchain Club’s Crypto TigerTrek as Ruby Sponsor
TRON DAO participated as a Ruby Sponsor at Princeton Blockchain Club’s 3rd Annual Crypto TigerTrek, a novel Princeton experience that brought together students and industry professionals for a week... Read more
Web3 Watch: Lamborghinis Are Coming to The Metaverse
Automobili Lamborghini and Animoca Brands are collaborating to bring the iconic Italian luxury vehicles into “Fast ForWorld,” Automobili’s upcoming metaverse platform. Read more

CRYPTO & DEFI

Denmark Tax Council Recommends Bill to Tax Unrealized Crypto Gains
Denmark’s Tax Law Council has recommended introducing a bill that would tax unrealized gains and losses on crypto assets beginning as early as 2026. Read more
Nigeria Drops Money Laundering Charges Against Binance Exec Tigran Gambaryan
Over seven months later, Nigeria has finally dropped the charges against Binance executive Tigran Gambaryan, according to multiple media reports. Read more

FUND & ASSET MANAGEMENT

US SEC Gives Green Light For Options Listing For Three Spot Bitcoin ETFs to NYSE
The U.S. securities regulator has granted “accelerated approval” to the New York Stock Exchange to list and trade options tied to three spot bitcoin exchange-traded funds, according to a regulatory filing. Read more
Chainlink Launches Private Blockchain Transactions For Institutions
ANZ Bank will be among the first clients to debut Chainlink’s privacy-preserving tech for tokenized RWA settlement under Singapore’s Project Guardian. Read more

AI / METAVERSE / NFT

NFT Activity on Telegram Surged 400% in Q3: Report
Helika’s Web3 Gaming Report shows that the number of unique wallets transferring NFTs in Telegram surged from fewer than 200,000 in July to more than one million in September. Read more
Google Releases Tech to Watermark AI-generated Text
Google is making SynthID Text, its technology that lets developers watermark and detect text written by generative AI models, generally available. Read more
Apple Releases New Preview of its AI, Including ChatGPT Integration
Apple on Wednesday released a beta version of a slew of Apple Intelligence features, including its long-awaited ChatGPT integration. Read more
Meta Shows Off Web3-to-reality Bridge With ‘Hyperscape’ Metaverse Demo
The tech is still experimental, but its implications could change how users view reality. Read more

INSIDE COINSTREET

CSpro Booth, Co-exhibiting With Cyberport at Hong Kong Fintech Week 2024 on 29 Oct 2024
What an incredible day at Hong Kong Fintech Week 2024 on 29 October 2024! A huge thank you to everyone who visited our CSpro.io booth and engaged with us at the Summit Hall, Asia World Expo. Read more
iSHANG Booth at Cyberport Venture Capital Forum (CVCF) 2024 Innovator Showcase on 24 October 2024
Thank you to everyone who visited the iSHANG booth at Cyberport Venture Capital Forum (CVCF) 2024 Innovator Showcase on October 24, 2024! Read more
Samson Lee, Our Founder & CEO, Serve as one of the Assessors/Judges For “Stream: Emerging Solutions” of The Fintech Category of The HKICT Awards on 21 August 2024
It is an honor for our founder & CEO of Coinstreet, SAMSON (SAM) LEE, to serve as one of the esteemed Assessors/Judges for “Stream: Emerging Solutions” of the Fintech category of the HKICT Awards 2024. Read more
Coinstreet’s Participation in the HKQAA ESG Connect Program as Service Provider Under Financial Service Category
Coinstreet is proud to announce our participation in the HKQAA ESG Connect Program as Service Provider under Financial Service category! Read more
Insightful Speech on “Finance and Artwork” in 2024 Hong Kong Art and Finance Forum on 11 October 2024 at The Marco Polo Hong Kong Hotel
Our Founder & CEO of Coinstreet and Co-chairman of the Asia Pacific Digital Economy Institute (APDEI), SAMSON (SAM) LEE, was honored to be invited as a speaker at 2024 Hong Kong Art and Finance Forum (2024香港藝術金融論壇) held on 11 October 2024. Read more