Key Takeaways Nine major banks formed a consortium to explore issuing reserve-backed digital money on public blockchains. The initiative aims to provide a stable payment asset and enhance financial innovation in cross-border payments. Share this […]
This year, Texas’ legislature passed a law to establish a strategic Bitcoin reserve in the state, opening the door for other cryptocurrencies in the future. According to the original sponsor of the bill, Ether could […]
Dubai’s VARA fines 19 crypto firms for operating without proper licenses. Penalties range from AED 100,000 to AED 600,000 with immediate cease orders. VARA and SCA’s partnership ensures unified rules across the country’s digital […]
Shayne Coplan, the founder of prediction market Polymarket, is once again in the limelight, as prediction markets shift from regulatory bans in the United States to legitimate financial markets with institutional backing. Bloomberg named Coplan […]
Key Takeaways Trump-linked token issuer eyes $200 million funding round amid slump. Bill Zanker, a long-time associate of Donald Trump, leads the company, which is now aiming for a $1 billion raise. Share this article […]
The air in Singapore during TOKEN2049 Week is always thick with the promise of decentralized innovation, but beneath the glossy surface of networking events and headline announcements, a profound problem has always persisted, the chasm […]
Many US federal employees have been furloughed, and others continue to work without pay, since lawmakers failed to pass a stopgap measure to fund the government last week, and the shutdown is expected to continue. […]
Current options limited to direct tokens or overseas funds. Binance and Kasikornbank driving crypto expansion in Thailand. SEC pushes bill for stronger oversight and enforcement powers. Thailand is preparing to expand its cryptocurrency exchange-traded fund […]
Key Takeaways World Liberty Financial, a DeFi project with real-world asset tokenization focus and Trump family connections, sold tokens to mining firm Hut8 at $0.25 each. The sale is part of a growing trend where […]
Digital asset treasury (DAT) companies that tokenize their stocks on the blockchain compound the risks to investors and their own businesses, according to several crypto industry executives. “Blockchains trade 24/7, whereas traditional markets have specific […]
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