What have I been discussing with you all about Basel 3 & ISO-20022.
Any crypto that isn't ISO- compliant is not going to make it on Blockchain.
Ripple (XRP)
Stellar (XLM)
XDC Network (XDC)
Algorand (ALGO)
Quant (QNT)
The Bitcoin community is continually exploring Layer 2 technologies (e.g., the Lightning Network) and side projects that could, in theory, offer greater compatibility with traditional finance frameworks. So theywill not be blacklisted. But the visibility on ISO-20022 platforms may be reduced. Not sure.
Institutions might prefer ISO 20022-ready cryptocurrencies if they want tighter integration with their internal systems. Where shenanigans in the blackmarket will not affect their overall system of regulatory protocol when it comes to processing transactions.
What have I been discussing with you all about Basel 3 & ISO-20022.
Any crypto that isn't ISO- compliant is not going to make it on Blockchain.
Ripple (XRP)
Stellar (XLM)
XDC Network (XDC)
Algorand (ALGO)
Quant (QNT)
The Bitcoin community is continually exploring Layer 2 technologies (e.g., the Lightning Network) and side projects that could, in theory, offer greater compatibility with traditional finance frameworks. So theywill not be blacklisted. But the visibility on ISO-20022 platforms may be reduced. Not sure.
Institutions might prefer ISO 20022-ready cryptocurrencies if they want tighter integration with their internal systems. Where shenanigans in the blackmarket will not affect their overall system of regulatory protocol when it comes to processing transactions.
What distinguishes the app from competitors is its use of what's known as channels: Public or private feeds of photos and videos that can be set up by one person or an organization. The channels have become popular with on-the-ground journalists, aid workers and Ukrainian President Volodymyr Zelenskyy, who broadcasts on a Telegram channel. The channels can be followed by an unlimited number of people. Unlike Facebook, Twitter and other popular social networks, there is no advertising on Telegram and the flow of information is not driven by an algorithm. In 2018, Russia banned Telegram although it reversed the prohibition two years later. In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. Lastly, the web previews of t.me links have been given a new look, adding chat backgrounds and design elements from the fully-features Telegram Web client. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised.
from id
