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JPMorgan Chase and Apollo Executives Unveil Plans for Tokenized Enterprise Mainnet

JPMorgan’s managing director Tyrone Lobban noted that the new system has processed over $900 billion in assets since launch. Top executives from US-based financial services companies JPMorgan Chase and Apollo Global Management have revealed their plans for the tokenized enterprise mainnet, developed in collaboration with the Monetary Authority of Singapore (MAS). The

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G20 Finance Ministers Unveil Joint Communique to Regulate Crypto Assets

The initiative follows the introduction of a roadmap proposed in a synthesis paper by the IMF and FSB, aimed at fostering international policies and regulations for crypto assets With the growing participation of investors in the crypto market, the group of G20 Finance Ministers and Central Bank Governors (FMCBG) have agreed

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Ex-Multichain developers unveil ValueRouter, an asset swapping platform

Former developers of Multichain, recently mired in controversy, have announced a new project named ValueRouter, aiming to simplify multi-chain asset swaps. A few months ago, the crypto world was rocked by the unauthorized withdrawals of over $130 million from Multichain, a bridging network previously known as Anyswap. The intrigue deepened with the

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BitGo, Swan unveil plans for Bitcoin-only trust company

The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement.The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and

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Senators unveil bipartisan blueprint for comprehensive AI regulation

Two senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation on Friday, Sep. 8, as Congress intensifies its endeavors to regulate this emerging technology.The plan put forward by Senators Richard Blumenthal (D-Conn.) and Josh Hawley (R-Mo.) advocates for mandatory licensing for AI firms and makes it clear that technology

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