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The Takeaway: Banks in particular are increasingly interested in tokenization, and having the interbank communications standard, Swift, already engaged in pilot programs is affirmative. "For tokenization to reach its potential, institutions will need to be able to seamlessly connect with the whole financial ecosystem. Our experiments have demonstrated clearly that
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Competition among blockchains to grab some of the RWA market, new lending pool from Credix that supports Colombian farmer, the first-ever tokenization under Spain’s new laws, how the U.K’s regulations may lead to the country becoming a tokenization hub, and more for the week ending July 27, 2023. Source
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Mask Network’s MASK token surged over 68%, becoming the top-performing token for the month. XRP rose 41%. Source
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Layer 1 blockchain Aptos’ native token has surged over 387% this month, leading all cryptocurrencies for gains and dwarfing bitcoin and ether’s performance. Solana’s SOL token also rises. Source
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The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep everything,” Cramer urges investors to “get out” of crypto now. Jim Cramer’s Latest Crypto Warnings The host
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Stepping into the year 2023, it's time to pause and reflect on the accomplishments and struggles the global crypto community witnessed over the last 365 days. Starting from the very beginning of 2022, no investment strategy could help recover the falling portfolios across traditional and crypto ecosystems. January 2022 inherited
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SHIB price struggles on high timeframes despite showing bullish sentiment to trend higher. SHIB trades below support as the price looks bearish with
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This episode is sponsored by Kava.Today's Stories:First Mover Asia: Crypto Prices Rise With Investors' Appetite for RiskCardano Developers Proposes Block Size IncreaseZcash Extends Rally Into Asian Trading DayGlobal container flows struggle to pick up speed, data showsEuro-Zone Inflation Unexpectedly Hits Record, Testing ECB Stance - BloombergLatam stocks outshine the world
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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This episode is sponsored by Kava.Today's Stories:Excessive Volatility Hindering Further Mainstream Adoption of Bitcoin, JPMorgan SaysStock Futures Waver on Final Day of Tumultuous Month - WSJBitcoin's Put-Call Ratio Hits 6-Month High as Negativity RulesMorgan Stanley Says Bitcoin's 50% Correction Is Nothing NewU.S. Treasury yield curve to flatten, possibly invert this
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