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The FSB, which monitors financial systems and proposes rules to help prevent financial crises, said it was assessing the financial stability implications of multifunction crypto-asset intermediaries (MCIs) in July. MCIs are individual firms or groups of affiliated firms that combine a broad range of services, products and functions typically centered
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RealOpen is live, offering a new solution for buying real estate with crypto. In an exclusive press release shared with crypto.news, the project’s creators said the platform solves major problems for crypto owners looking to buy a home—sidestepping public exchange fees and withdrawal limits, flattening large trade slippage, and eliminating the
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The digital asset infrastructure provider plans to establish a presence in the United Arab Emirates (UAE) and the region’s housing sector as tokenization gains global steam. Taurus, a Swiss-based crypto company, announced a new office in the UAE geared towards tapping a growing narrative around tokenized real-world assets (RWAs) and an
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The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit.As described by regulators on November
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The real estate industry has long been considered a cornerstone of modern economies, providing people and businesses with valuable assets and investment opportunities. However, despite its importance, the industry faces numerous challenges, including inefficiencies, lack of transparency and cumbersome processes. Enter blockchain technology — a groundbreaking innovation that has the potential
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Bitcoin (BTC) faces a “torrent” of institutional inflows in the run-up to a United States exchange-traded fund (ETF) approval.That is the perspective of Dan Tapiero, founder and CEO of 10T Holdings, who has joined the bulls eyeing a sea change in institutional Bitcoin adoption.Tapiero: Mass capital inflows "about to hit"
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The SEC pushed back against Binance and Binance.US's motion to dismiss the suit it brought earlier this summer, saying the motion relies on "distorted" and "tortured" interpretations of both federal law and precedents. The SEC first sued Binance in June, a day before suing Coinbase, arguing both companies offered unregistered
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Once live in 2024, the custody service will complement HSBC Orion, the London-based bank’s platform for issuing digital assets, as well as a recently introduced offering for tokenized physical gold, HSBC said in a statement. Together, the platforms will form a complete digital-asset offering for institutional clients, the bank said. Source
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Chainlink’s adoption continues to rise as Kreepy Kritters and PixelSweepers adopt CCIP for cross-chain NFT transfers. Meanwhile, Litecoin is bearish despite celebrating its 12th anniversary lately. In other news, Everlodge is building a platform allowing anyone to invest and own real estate. Everlodge leverages NFT fractionalization in real estate Everlodge is finding traction
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Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing its reserve data reports.Paolo Ardoino, Tether’s chief technology officer and incoming CEO, disclosed that the firm plans to publish reserve data in real-time in 2024, Bloomberg reported
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