Subscribe Newsletter

Author: Wei Xiang

  • [KoinX] How to Reconcile Crypto Transactions and Close Your Books Accurately Each Month

    [KoinX] How to Reconcile Crypto Transactions and Close Your Books Accurately Each Month

    Wei Xiang

    ,

    Closing the books in a traditional business is quite different from Web3. This is because, in web3, wallets are spread across various blockchains, tokens use varying decimal points, transactions cross borders, and asset prices can swing in minutes. For accounting teams in Web3, crypto reconciliation isn’t just housekeeping. It’s the foundation for investor trust, audit… Read more

  • [CHASING MAVERICKS] Understanding Kenya’s new Excise duty on Digital Assets

    [CHASING MAVERICKS] Understanding Kenya’s new Excise duty on Digital Assets

    Wei Xiang

    Kenya’s 2025 Finance Act introduced a shift in how the Government taxes virtual asset transactions. After collecting about KSh 1.1 billion in revenue from a 3% Digital Asset Tax (“DAT”) over 21 months (September 2023–June 2025), the Government has repealed that turnover-based tax and replaced it with an excise duty on transaction fees. This change aims to… Read more

  • [Continuum] The Custody Problem in DeFi Asset Management

    [Continuum] The Custody Problem in DeFi Asset Management

    Wei Xiang

    As decentralized finance (DeFi) gains traction among institutional investors, fund managers are under pressure to navigate a new category of exposure: DeFi custody risk. Without a traditional custodian, and with asset control often tied to smart contracts and private keys, managers face legal and operational challenges that are frequently underestimated. Custody Risk is a Growing Regulatory… Read more

  • [WEB3 Accountant] 2025 WEB3 ACCOUNTANT CRYPTO ACCOUNTING REPORT PART 3 – 20 BASIC CRYPTO TERMS AND BASIC FINANCE FORMS

    [WEB3 Accountant] 2025 WEB3 ACCOUNTANT CRYPTO ACCOUNTING REPORT PART 3 – 20 BASIC CRYPTO TERMS AND BASIC FINANCE FORMS

    Wei Xiang

    ,

    20 Basic Crypto Terms Every Finance Should Know: Used to send and receive transactions on a blockchain network. An address is an alphanumeric character string, which can also be represented as a scannable QR code. An address can hold different token and exist on different chain.  A token distribution method used to send tokens to… Read more

  • [BCG] Mapping the Layer-1 Landscape: Benchmarking Blockchain Projects Across Key Themes

    [BCG] Mapping the Layer-1 Landscape: Benchmarking Blockchain Projects Across Key Themes

    Wei Xiang

    In today’s maturing blockchain ecosystem, investors are shifting focus from speculative trends to projects demonstrating clear real-world utility and sustainable value generation. While traditional Web3 themes such as DeFi remain important, new themes such as stablecoins and tokenization of real-world assets (RWAs) are emerging as top priorities for institutional and retail investors. In this article,… Read more

  • [IMF] Decrypting Crypto: How to Estimate International Stablecoin Flows

    [IMF] Decrypting Crypto: How to Estimate International Stablecoin Flows

    Wei Xiang

    This paper presents a novel methodology—leveraging a combination of AI and machine learning to estimate the geographic distribution of international stablecoin flows, overcoming the “anonymity” of crypto assets. Analyzing 2024 stablecoin transactions totaling $2 trillion, our findings show: (i) stablecoin flows are highest in North America ($633bn) and in Asia and Pacific ($519bn). (ii) Relative… Read more

  • [dynamic] The 2025 Stablecoin Playbook

    [dynamic] The 2025 Stablecoin Playbook

    Wei Xiang

    ,

    This report was created to help product builders, fintech teams, and developers understand how to navigate the stablecoin landscape with clarity and confidence. It breaks down the mechanics of stablecoins, the infrastructure required to use them, and the regulatory context shaping their future. Whether you’re exploring payments, remittances, or neobank products, this guide offers practical… Read more

  • [The White House] STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY

    [The White House] STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY

    Wei Xiang

    ,

    The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our Nation’s international leadership. It is therefore the policy of my Administration to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy, including by:(i)… Read more

  • [GLI] Legal considerations in the minting, marketing and selling of NFTs

    [GLI] Legal considerations in the minting, marketing and selling of NFTs

    Wei Xiang

    ,

    In recent years, the rise of digital content consumption and collecting has raised the challenge of proving the “original” version of a work that can be easily replicated. This issue hinders the development of a digital ownership economy, as most current models operate under a digital license economy where users lose access once subscriptions end… Read more

  • [Antony Martini] Luxembourg’s Tokenization Framework: A Compliance Playbook for the Future of Finance

    [Antony Martini] Luxembourg’s Tokenization Framework: A Compliance Playbook for the Future of Finance

    Wei Xiang

    Luxembourg has established itself as Europe’s leading jurisdiction for tokenization through progressive legislation, EU regulatory alignment, and proactive engagement with industry stakeholders. This briefing outlines the current regulatory landscape, sectorspecific applications, compliance challenges, and strategic opportunities for financial services professionals operating in the Luxembourg tokenization ecosystem. Core Regulatory Foundations Luxembourg’s strategic approach to tokenization regulation… Read more