Sunday, November 24, 2024
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UK legislation on confiscating illegal crypto assets officially receives Royal Assent

The UK has advanced its crypto regulation with the Economic Crime and Corporate Transparency bill, intensifying crackdown on financial crimes while striving to maintain a crypto-friendly stance. The United Kingdom has made a significant stride in its battle against economic crime with the passage of the Economic Crime and Corporate Transparency

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New ETF Speculation and Innovations, Including Taproot Assets, Redefine Its Landscape

BITCOIN BLOSSOMS: It’s not just bitcoin’s price that’s suddenly exploding – thanks to speculation that U.S. regulators might approve new exchange-traded funds or ETFs allowing traditional investors to ape in. There’s also an upsurge in new products and technologies claiming to enhance the oldest and largest blockchain. Just two weeks

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Crypto Exchange Archax to Launch a Regulated Platform for Trading Tokenized Assets by Year-End

The London-based company has also tokenized an abrdn market fund in euros, pounds and dollars and has "a pipeline of several hundred million dollars worth of funds coming in to be held in that tokenized money market fund and where people can receive a yield based on the money market

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Lightning Labs Launches Taproot Assets Mainnet to ‘Bitcoinize the Dollar’

Through Taproot Assets, Lightning Labs is bringing stablecoins to Bitcoin and Bitcoinizing traditional assets including the dollar. Bitcoin layer-2 infrastructure firm Lightning Labs has officially launched the mainnet of Taproot Assets, a protocol that supports the issuance of stablecoins and real-world assets on the Bitcoin and Lightning networks. According to an official announcement,

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Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin

Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.The current version, Taproot Assets v0.3, will provide a “feature-complete developer experience” to issue, manage and explore stablecoins and other

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Tokenization of Real-World Assets Could Grow to a $10T Market by 2030, Digital Asset Manager Says

"The convergence between crypto and traditional asset classes, including fiat currencies, equities, government bonds, and real estate, is experiencing an unprecedented growth," read the report. "We estimate that the market value for tokenized assets will be between $3.5 trillion in the bear-case scenario and $10 trillion in the bull case

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