Farhan Memon

Hats off to the Thunes, Tilia and Linden Lab teams for making this deal happen! Upon closure and pending regulatory approvals, Thunes’ expansive global network, encompassing real-time payments through four billion bank accounts, three billion digital wallets, and 550 local payment methods, will be accessible to U.S. merchants. 🚀🚀🚀 #fintech #payments

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Digital IDs have made it to New York! It’s here! New Yorkers can lighten their wallets as the state rolls out its mobile driver’s licenses, available via the New York Mobile ID app for both Android and iOS users. This move positions New York at the forefront of digital identification, with the app also receiving Transportation Security Administration (TSA) approval for use at airport security checkpoints across the nation. The app not only enhances convenience but also boosts security by allowing users to control what information they share. At airports like LaGuardia and JFK, travelers can now breeze through security by simply scanning their mobile ID, avoiding the hassle of presenting physical documents. However, the shift to digital IDs isn’t just about convenience. It also addresses significant privacy concerns. The ability to control the visibility of personal data, paired with strong encryption standards, promises a secure and private way to assert one’s identity without exposing unnecessary information. As we embrace these technological advancements, it’s crucial to balance innovation with stringent privacy safeguards. New York’s initiative could set a precedent for how digital identities are managed securely and efficiently, not just in the U.S. but globally. What are your thoughts on digital IDs? Are they the future of personal identification, or do they pose too many risks? Share your views below. #DigitalIdentity #CyberSecurity #Innovation #TSA #TravelTech #NewYork 🆔✈️ New York Pioneers Mobile Driver’s Licenses: A Leap into Digital Identity Verification Starting today, New Yorkers can lighten their wallets as the state rolls out its mobile driver’s licenses, available via the New York Mobile ID app for both Android and iOS users. This innovative move positions New York at the forefront of digital identification, with the app also receiving Transportation Security Administration (TSA) approval for use at airport security checkpoints across the nation. The app not only enhances convenience but also boosts security by allowing users to control what information they share. At airports like LaGuardia and JFK, travelers can now breeze through security by simply scanning their mobile ID, avoiding the hassle of presenting physical documents. This feature underscores New York’s commitment to pioneering technological advancements in identity verification. However, the shift to digital IDs isn’t just about convenience. It also addresses significant privacy concerns. The ability to control the visibility of personal data, paired with strong encryption standards, promises a secure and private way to assert one’s identity without exposing unnecessary information. I t’s crucial to balance innovation with stringent privacy safeguards. #DigitalIdentity #CyberSecurity #Innovation #TSA #TravelTech #NewYork #travel

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On incentivizing #failure On the ChainCraft Games stream today on #SankoTV with Eric Wood, CSP & Ryan Beltrán, talking about the role of #blockchain tech in making #indiedevelopers & #AAA publishers less risk-averse & trepidatious about TRYING things, by using #generativeAI as an accelerant in product #iteration , and letting those developers maximize their chance of extracting more longterm value out of their sweat equity than experience/learnings alone. Most great games that hit are 90% familiar 10% innovation, and often they aren't the FIRST to try something (also most games don't "succeed"). What if we provided a win-win for both those who tried and failed, and those who want to try in a different way, faster, by remixing those past failures off a #marketplace ? What if we could incentivize that "failure," turning it on its head and actually increasing willingness to take shots on goal, as my buddy Jamy would say. What if that novel mechanic you devised in your game, still made you money in the long run because there are a billion reasons why a game won't reach market, and often few of them are directly related to the cogency of THAT specific implementation of that mechanic, at that moment, pitched by that person in front of that stakeholder etc. etc. As Xin would say, how many miracles are you trying to pull off in one go? Game devs, and particularly indie devs, are highstacking those miracle attempts :) Also unintentional shoutout to #balatro which has been my OBS background for the last few days 😆 #gamedevelopment #ai #middleware #gamedevtools #usergeneratedcontent #gamesindustry #web3 #decentralization

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What does A.I. have to do with Blockchain? Great question🙂 See you at the Blockchain Futurist Conference and look out for the Theoriq litepaper coming soon!!🚀

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FAME builds the Financial services of the future with the farmers of today. Read our story to discover how we are digitizing traditional ViCoBa (Village Community Banking) with the help of #blockchain technology to empower local communities. https://lnkd.in/d46c8pzq

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Zero Hash is delighted to be a sponsor of the The Digital Chamber's, DC Blockchain Summit, taking place on May 15th. Stephen Gardner, Chief legal Officer of Zero Hash will be speaking and moderating a panel, with speakers including Bernie Moreno, Ohio Senate Candidate and John Deaton, Massachusetts Senate Candidate: “Running on Crypto: Electing a Pro-Crypto Congress” at 9:50am on ‘The Capital Stage’. The summit is an important event and we look forward to continuing to shape the future of the digital asset ecosystem in the US. Meet Stephen, Edward Woodford and Austin Cornell to learn how Zero Hash has built battle-tested crypto and stablecoin infrastructure that adheres to the highest compliance standards. #Crypto #Stablecoins #Regulation #PolicyMaking #Legislation

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Liminal Custody's Bold Move: Embracing Regulation in Digital Asset Custody In the ever-evolving world of digital assets, Liminal Custody has chosen a less-traveled path crucial for the industry's future. Founded in 2021 by a team of seasoned wallet engineers, we initially focused on addressing the wallet infrastructure needs of institutions, especially those with consumer-first applications handling millions of transactions. As digital asset wallet vulnerabilities & regulatory landscapes have transformed, so have we. We have upgraded our platform to a security-first hybrid wallet infrastructure & custody platform, positioning ourselves as regulated custodians. This strategic decision is not just monumental but a testament to our commitment to safeguarding our clients’ assets & contributing to the stability of the digital asset market. 1. Enhanced credibility & trust: In the digital asset industry, trust is paramount. As a regulated custodian, we have aligned ourselves with respected authorities like the Financial Services Regulatory Authority in ADGM. This recognition elevates our credibility & reassures clients & partners of our reliability & safety. This move demonstrates our commitment to upholding the highest security and compliance standards in a field that frequently faces skepticism. 2. Operational excellence: Regulation comes with stringent operational guidelines & regular audits. Maintaining our regulated status means continuous improvement & adherence to industry best practices. This commitment ensures that our services remain top-notch & that our team stays ahead of evolving industry standards. Operational excellence is not just a goal but a continuous journey, & we are at the forefront, setting new benchmarks for the industry. 3. Market stability & growth: Unregulated entities have often been associated with risks such as fraud & operational failures. By choosing the regulated route, we contribute to the overall stability & growth of the digital asset market. Our adherence to high standards helps mitigate risks & fosters a safer environment for all stakeholders. This stability is crucial for digital assets' long-term growth & acceptance in mainstream finance. 4. Attracting institutional clients: Our new status as a regulated custodian opens doors to institutional clients. The safeguards provided by regulation are crucial for institutional investors, & our compliance reassures them of their assets' security. Our journey to becoming a regulated custodian is a testament to our foresight & commitment to excellence. In an industry where innovation sometimes outpaces regulation, our decision to become a regulated custodian sets a significant precedent. We demonstrate that balancing innovation with strict safety & compliance measures is possible. As we continue to set new standards, the digital asset market can look forward to a future in which safety, reliability, & growth coexist. #Fintech #DigitalAssets #FinancialTechnology

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If you haven't read Tom Brown's piece on the Financial Columnist about the latest U.S. Securities and Exchange Commission v Coinbase drama, you should! A really well written overview not only about the latest case by about regulation by enforcement in general.

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🏀 Dive into the NBA's game-changing $76 billion streaming deal! From Amazon to Disney and NBC, learn how this historic agreement is reshaping sports broadcasting. Want to learn more? 🌐 Join our Discord channel now - https://lnkd.in/gKKhu4Gr #TheDailyPeel #financenews #marketupdates

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ICYMI: Nikolay Denisenko of Brighty App talks #neobanking and its role in driving broader #crypto adoption KEY POINTS: 🔔 Web3 tech helps inspire neobanks to think outside the box of traditional banking: Brighty app CTO Nikolay Denisenko 🔔 Mass crypto adoption requires user-friendly platforms and better consumer education, Denisenko said 🔔 Blockchain's maturity will lead to a "convergence" of traditional finance and crypto services

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Sony subsidiary WhaleFin is set to relaunch as a rebranded trade/earn/invest/borrow crypto exchange named S.BLOX. https://lnkd.in/ehFSNHfF Two things make this particularly interesting. Like Ted Turner used to say, “Content is King”. Sony’s lucrative Entertainment and Gaming businesses will now have a Sony subsidiary actively working to incorporate the ultimate content, that is to say frictionless digital money, into their products and payment methods. Second, Japan’s Yen value is depreciating quickly. In contrast, #Bitcoin is appreciating and “Eating the world of Finance” as Accenture‘s Alexandre Laizet famously said at BTC Prague. Sony is uniquely positioned with brand trust and reach to profit from exchange activity in the Japanese consumer and business markets… and beyond.

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Been a while since I have been to Nashville and Chattanooga. So look forward to seeing some UVa. alums, and... Investors in the area interested in learning our thoughts on what is driving institutions like SWIB, the 9th largest U.S. State Pension to buy Bitcoin. Topics from our team will include; - Global macro backdrop (debt, demographics and the theft from declining real rates of return) - Ways to harvest BTC's volatility and augment 60/40 returns - Why BTC is being considered by quant funds (factor diversification), pensions (volatility harvesting) and banks (funding and option opportunities) as well as the reasons why our custody solution solves for single point of failure risk of loss that BTC, the world's first global digital bearer asset is otherwise subject to. If you did not understand that last part...as I did not at first, please DM me or the team as noted by Michael below.

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Interesting that two of the largest fund raises over the past few weeks are for layer-1 blockchain builders. Berachain announced on Friday that it closed a $100m round led by Framework Ventures and the Abu Dhabi branch of Brevan Howard Digital. Just a few days earlier, Monad Labs announced that it had finalized a $225 million round led by Paradigm. These are big rounds, and the timing and size suggests that venture investors are still betting on engine builders. While I’m sure public-facing applications are also getting some funding, I haven’t seen them get this size of allocation. This is a reminder of how young this industry still is. https://lnkd.in/e2sMFVPv

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Went on CNBC Friday morning to discuss the latest in the macro economy, plus #bitcoin and #crypto price action and where we're headed. Finally we spoke about institutions adding Bitcoin to their balance sheets via our new Abra Treasury offering. Enjoy!! (Feedback welcome!)

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The White House has signaled a significant shift in crypto policy. The "administration is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets", while opposing the FIT21 bill in its current form. What's FIT21? This bill is set to redefine crypto regulations by: • Clarify Jurisdictions: Define roles for CFTC and SEC • Protect Consumers: Implement safeguards to prevent incidents like FTX • Encourage Innovation: Foster leadership in digital asset + blockchain tech This bipartisan bill is a huge step towards a consistent federal framework, and critical for the evolution of the digital asset industry.

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Latin American and European friends, Mastercard has launched its Crypto Credential! ❤️🧡 Crypto Credential enables users to send and receive crypto using simpler aliases instead of complex blockchain addresses. This feature is live on partners' exchanges, facilitating secure transactions between Latin American and European corridors. How does it work? Users in various countries, including Argentina, Brazil, and Spain, can now: 🪪 Easily conduct crypto transactions using aliases instead of direct wallet addresses. ⛓️Send cross-border and domestic transfers in multiple currencies and blockchains. 🔐Verify that the recipient's wallet supports the asset, ensuring compatibility. Benefit from enhanced transaction trust and compliance. 🍾Congratulations to the entire Crypto and Blockchain teams at Mastercard for their innovative work making this a reality!

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Highlights From The Boston Blockchain Association Stablecoins are changing the crypto world and might achieve Bitcoin’s original goals. However, scaling issues and blockchain anonymity are significant obstacles. Unlike traditional systems with identifiable users, crypto may need pseudonymity or transparency to prevent illegal activities. Stablecoins could bypass financial intermediaries and affect dollar dominance, as shown by Project MBridge. The UK’s worries about open-access blockchains highlight the need for improved distributed ledger technology and permissioned systems. Regulating stablecoins is vital for national security, requiring strong AML and KYC protocols, with zero-knowledge technology as a possible solution. #marketing. #blockchainmarketing

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