Motivated by the positive feedback to the mildly opinionated last episode about Ethereum's forks and difficulty bomb adjustments, our Head of Research, Dr. Lewin Boehnke, jumps right into the field of controversial discussions. This time, Bitcoin's electricity consumption. Taking on frequent talking points and misconceptions and presenting an outlook regarding scaling and the development of sourcing of energy.
We always do, but for this one in particular, we would love to get your feedback. Write us at research@cryptofinance.ch.

Bitcoin's Electricity Consumption

Most retail users would agree that it's a good thing that financial institutions that handle their money have some degree of regulatory supervision. Many holders of crypto assets hold in high regards their right to financial privacy and reject any attempts at supervision.
What happens if financial institutions handle crypto assets on behalf of clients? They have to be held to high standards and need to fulfil their AML obligations.

The announcement of an automated and compliant transfer between Crypto Broker AG and Mt Pelerin (https://www.cryptofinance.ch/en/first-automated-compliant-digital-asset-transaction/), itself a big but straightforward and expected step following the recommendations of the Financial Action Task Force (FATF), raised some privacy concerns in the purer crypto-centric community.

We brought in 21 Analytics founder Lucas Betschart to discuss what happened during this transaction, what type of information are and have to be exchanged, and with whom they are shared. We further discuss what impact this has on crypto asset holders who choose to not store their coins with a third party but be their own bank (spoiler: none).

FATF Compliant Crypto Transfers

The Crypto Finance Knowledge Session podcast came about our team came together over lunch and spontaneous interdisciplinary discussions that came up often brought additional insights that make this topic fun. Want to hear a specific topic? Please let us know and we'll try to make it happen.

Crypto Finance AG facilitates the implementation of blockchain technology by providing high-quality financial services for professional investors in crypto assets, including asset management, brokerage, and storage infrastructure solutions.

Bitcoin's Electricity Consumption

Crypto Finance AG

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