ICONOMI Weekly Update

ICONOMI

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4 min readJun 29, 2018

Welcome to the latest edition of our Weekly Update series. This week, we released the activity export feature, published another DAA Manager Insights interview, and more.

DAA Manager Insights

GB Global Blockchain discussed transitioning from traditional asset management to the crypto world, how tokenization will expand investor and consumer horizons, and more in this week’s DAA Manager Insights interview.

Read the full description of the Sustainable Crypto Selection DAA on the ICONOMI dashboard

Activity Export Feature

On Wednesday we released a new activity export feature to allow our users to view and download all their activity on the platform, making accounting easier than ever. Log in and try it out here.

Changes in Weekly Update Frequency

In order to focus on increasing our output of high-quality content, these updates will now be published every two weeks. We will continue publishing Monthly Updates and answering community questions on Rocket.Chat.

Legal Meet-Up

On Thursday, we hosted a group of students from the Ljubljana Faculty of Law. Like ICONOMI, they participated in a discussion with the Slovenian Securities Market Agency on ICOs from a legal point of view.

ICONOMI COO Matej Tomazin discussing blockchain and law

Rocket.Chat AMA

Every week, we answer 3–5 questions in the #amaquestions channel on Rocket.Chat. Here is a sample from the questions we answered this week. Be sure to sign up to join the conversation.

stephen: Coinbase has recently made some moves towards positioning itself well for what some experts believe is a coming security token bull run. How is iconomi positioning itself from a regulatory perspective for handling security tokens? How does the iconomi team see the crypto market unfolding in the coming months and years in regards to security tokens?

ICONOMI is working on regulating the platform, which includes the entire scope of necessary licenses and registrations, including for security tokens, such as equity tokens or similar.

We are closely monitoring regulatory developments in several jurisdictions and are actively preparing to enter all markets and apply for any and all licenses as required or appropriate to operate the platform as a fully licensed activity. The crypto market will become more and more complex in the future, as regulation will apply not only to utility tokens, but also to security tokens. We firmly believe that this technology will bring a massive paradigm shift to the securities market in the form of the tokenization of securities and other assets. The individual building blocks of the platform are already future-proof in this regard.

Media Highlights

Maltese Parliament to Pass Second Reading on 3 Cryptocurrency Bills, by Gerald Fenech, CCN

“These bills are fast making Malta into a crypto space of choice for investors and company owners who are interested in finding a favorable jurisdiction to set up their cryptocurrency or blockchain business.”

Facebook reverses its crypto ban, by Sarah Perez, TechCrunch

“This time around, it’s making advertisers go through an application process to determine their eligibility. Facebook will ask advertisers to include on their applications details like what licenses they’ve obtained, whether they’re a publicly traded company, and other relevant background information regarding their business.”