Table of Contents

 

Welcome to the DTI Foundation’s latest Update. Our aim is to share news on DTIF initiatives, statistics, regulatory updates and recent publications impacting digital asset markets.  

 

DTI Foundation initiatives

 

Industry views sought on principles underlying cost recovery model for DTI service

 

The DTI Foundation has launched its industry consultation to gather feedback on the cost-recovery model for the DTI service, which is crucial for the financial viability and sustainability of the DTI Foundation. By involving industry stakeholders, the DTI Foundation strives to ensure that the fee model meets market needs and supports prudent financial management, in line with its mandate as Registration Authority for the ISO 24165 DTI standard. See the press release and consultation paper here.

 

DTI Foundation and Crypto Risk Metrics collaboration to enhance ESG data for crypto-assets

 

The DTI Foundation announced the signing of a Memorandum of Understanding (MoU) with Crypto Risk Metrics to collaborate on displaying ESG-related data in the DTI Registry. This collaboration aims to assist market participants in meeting the new requirements under the European Union’s Markets in Crypto-Assets (MiCA) regulation by expanding capabilities to end users. See the announcement here.

 

 

DTI Foundation, ANNA and Global Digital Finance announce partnership

 

The DTI Foundation announced its partnership with Global Digital Finance (GDF), the global members association and platform for open innovation in digital assets in financial services, and the Association of National Numbering Agencies (ANNA), a global member association seeking to foster standardization within the financial industry.

 

See the press release here.

 

DTI Foundation resources

 

June DTI statistics

 

The total number of DTIs assigned is 2,458. Breakdown of DTIs:

 

  • 2,111 Auxiliary digital tokens
  • 186 Native digital tokens & ledgers
  • 161 Functionally fungible group tokens

 

Events

 

We are excited to announce that the DTI Foundation and the Association of National Numbering Agencies (ANNA) are partnering up for speaking at several crypto and digital asset events in 2024. Don’t miss these opportunities to expand your knowledge and network with industry leaders. See further details in the links below.

 

European Blockchain Convention, 25-26 September, Barcelona

Digital Assets Week London, 2-3 October, London

Digital Assets Week: Singapore, 14-15 November, Singapore

 

 

Relevant news and publications

 

27 June 2024: EBA and ESMA published joint guidelines on the suitability of management body members and shareholders for entities under MiCA.

 

27 June 2024: MAS announced the expansion of initiatives to scale asset tokenisation for financial services and announced the successful completion of the first phase of the Global Layer One (GL1) initiative and plans to develop standards, market practices and governing principles of foundational digital infrastructure for tokenised assets.

 

25 June 2024: Banque de France and Banque centrale du Luxembourg published results of Project Venus, a 2022 experiment demonstrating the use of Distributed Ledger Technologies (DLTs) in digital bond issuance and settlement. 

 

24 June 2024: Luxembourg’s CSSF published a communique, inviting financial entities considering to provide crypto-related services under MiCA to fill out a questionnaire.

 

21 June 2024: Nigeria’s SEC announced that the Rules on Digital Assets Issuance, Offering Platforms, Exchange and Custody is going through an amendment process and all operating and prospective VASPs are hereby directed to visit the SEC ePortal to complete the application process.

 

20 June 2024: Swiss National Bank announced the continuation and expansion of Project Helvetia pilot project, supporting private-sector innovation with the issuance of wholesale CBDC.

 

20 June 2024: UK’s FCA, working with the Metropolitan Police Service, announced two arrests connected to a suspected illegal £1 billion cryptoasset business. Cryptoasset exchange providers must be registered with the FCA and comply with the UK money laundering regulations in order to operate legally in the UK.

 

19 June 2024: EBA published the package of technical standards and guidelines under MiCAR on the topics of reporting, liquidity stress testing and supervisory colleges. This package completes the delivery of EBA technical standards under MiCAR. 

 

14 June 2024: BIS published its paper on the results of its 2023 BIS survey on central bank digital currencies and crypto.

 

14 June 2024: European Commission  announced the selection of new participants for its second cohort of the European Blockchain Sandbox.

 

13 June 2024: BIS and Bank of Canada announced the launch of the Toronto Innovation Centre to explore the development of new technologies to make the financial system more efficient and inclusive, both in Canada and throughout Latin America and the Caribbean.

 

13 June 2024: EBA published the package of technical standards and guidelines under MiCAR on prudential matters, namely own funds, liquidity requirements, and recovery plans. 

 

10 June 2024: Korea’s Financial Services Commission issued guidelines for determining when non-fungible tokens qualify as virtual assets.

 

31 May 2024: ESMA published its final MiCA rules on conflict of interest of crypto assets providers.

 

30 May 2024: Several Delegated Regulations under MiCA were published in the Official Journal, including:

 

About the DTI Foundation

 

The Digital Token Identifier (DTI) Foundation is the Registration Authority for the International Organization for Standardization (ISO) 24165 Digital Token Identifier (DTI) standard, an ISO standard that enables the unique identification of all fungible digital assets which use distributed ledger technology for token issuance, storage, exchange, a record of ownership, or transaction validation.

 

The DTI Foundation’s mission is to provide the golden source reference data for the unique identification of digital tokens. As its mandate, the DTI Foundation issues and maintains DTIs on a non-profit basis, to increase transparency in the digital asset space by creating a core reference data set based on open data principles and made available as a public good. 

 

 

Privacy Policy   |  Contact Support   |  Unsubscribe

Suite 21-23, 107
Cheapside, London, EC2V 6DN

 

© Digital Token Identifier (DTI) Foundation 2024. All rights reserved. This document is provided for information purposes only and should not be relied upon as legal, financial, or other professional advice. While the information contained herein is taken from sources believed to be reliable, DTI Foundation does not represent or warrant that it is accurate or complete and neither DTI Foundation nor its employees shall have any liability arising from or relating to the use of this publication or its contents.