The article outlines the rules of the EU Markets in Crypto-assets (MiCA) regulation dedicated to Crypto-asset service providers (CASPs) that would have been relevant in the FTX case, with a particular focus on the custody and management of clients’ funds. 1. Introduction The FTX saga that brought to the bankruptcy of one…

The article outlines the main elements of the Italian regime concerning CASP registration within the so-called “OAM register”, according to the rules enacted in 2022 and its relationship with AML/CTF compliance. 1. Introduction The rules on crypto-asset service providers (CASPs) within the Italian legal system are divided between different statutes concerning Financial…

A Dynamic DAO-2-DAO Partnership! — We are pleased to announce that through a snapshot vote which has involved almost 20M BANK, BanklessDAO has ratified an important partnership with BalancerDAO for the entirety of 2022! Balancer and Bankless already collaborated in 2021, with an educational campaign and the establishment of a 80% BANK/20% WETH Balancer V2…

Protocol Composability Brings User-Friendly Efficient Yield Generation — Yearn Overview The first and primary goal of Yearn Finance is creating an easy gateway to DeFi. Since its early days, in January 2020, the creator of Yearn Finance, Andre Cronje, pointed out the need of providing easy access to DeFi’s potentialities. After the incredible DeFi summer of 2020, most everyone is…

Spotlight Analysis on Grant Recipients Part II — Spotlight Overview Perpetual Protocol recently promoted financial inclusiveness through a funny and engaging trading competition: “The Perpfect Game”. Different DAO communities took part and got to know the v2 of the Perpetual Protocol, called “Curie”. All of these efforts indicate The Perpetual team is bulking-up on in its value proposition. …

Popularity in the blockchain ecosystem does not solve the problem of having low liquidity. Although the value of a token and its market cap may grow thanks to worthwhile developments by a community, this does not automatically correspond to an increase of liquidity. The keenest example of this is probably…

At the beginning of the nineteenth century, Marie Curie was the first woman to win the Nobel Prize. Moreover, she was also the first and only person to win two Nobel prizes in different fields. Perpetual Protocol is naming their v2 “Curie.” Hence, Perpetual’s laudable aim is to promote more…

The more disruptive the level of a technological innovation, the more diverse (and to some extent unpredictable) the scope and degree of its future potential implementations. This consideration holds certainly true for NFTs: Their distinguishing feature relies on the “unique” nature of the resource, whereas standard “fungible” digital commodities (just…

In the framework of a cross-DAO collaboration, Bankless DAO and UMA have developed a new use-case for smart contracts, able to foster decentralized legal research by engaging and incentivizing groups of jurists with different legal backgrounds. …