Wednesday, December 18, 2024
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UK Financial Conduct Authority Working on Blue Print for Fund Tokenization Due This Year

FCA, the U.K.'s financial regulator, published a discussion paper in February this year on updating and improving a regime for asset management in the country. The paper touched on "how fund managers might adopt distributed ledger technology to offer fully digitised funds to the public," Alder said. Source

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CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale

The next president of the United States is likely to be in favor of central bank digital currency (CBDC), crypto asset manager Grayscale observed in a post on its website, as the current frontrunners in both political parties have expressed their support for it. Neither seems to like Bitcoin.Joe Biden

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Crypto investigator ZachXBT alleges YouTube influencer Blue stole $1.5m through scams

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency detective ZachXBT detailed alleged cryptocurrency fraud activities conducted by a popular YouTube personality, known as Blue or Jack, potentially amounting to over $1.5 million in stolen funds. Cryptocurrency investigator ZachXBT has published evidence alleging a YouTube

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Real-world asset protocols outperform DeFi blue chips due to tokenization wave

Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles.An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commodities. They are also known as asset tokenization protocols.DeFi

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Blue chip collaterals help stabilize NFT lending: Paraspace

According to a recent report published by nonfungible token (NFT) money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collateral comprised the most popular NFT collections, such as Wrapped

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