The market for tokenized equities could expand to nearly $190 trillion within the next 20 years, according to new projections from Galaxy …
issues
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Regulation
Former Governor of the People’s Bank of China Publishes Article Concerning the Cryptocurrency Sector: Issues Warning
by shayaanby shayaanFormer Governor of the People’s Bank of China, Zhou Xiaochuan, wrote an extensive article on stablecoins and digital payment systems, highlighting the …
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Analysis
CFTC issues advisory to restore US access to foreign crypto exchanges
by shayaanby shayaanThe Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight issued an advisory on Aug. 28 clarifying foreign board of trade (FBOT) …
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Regulation
FED Issues Hot Statement on Member Cook, Who Was Fired by Trump Today
by shayaanby shayaanThe Fed made its first official statement after President Donald Trump dismissed Fed Board Member Lisa Cook, indicating that the matter would …
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Adoption
State Street issues $100M digital debt securities on JPMorgan’s proprietary blockchain
by shayaanby shayaanState Street launched its first digital debt securities using JPMorgan’s Digital Debt Service, executing a $100 million commercial paper transaction. According to …
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Markets
U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
by shayaanby shayaanThe Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended …
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In a rather surprising development, the SEC issued a waiver allowing Ripple to sell securities to private investors. This directly contravenes Judge …
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Finance
Divine Research issues unbacked crypto loans using Sam Altman’s World ID
by shayaanby shayaanSan Francisco-based lender Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using OpenAI CEO Sam Altman’s iris-scanning platform …
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Smart Contracts
ASIC Issues Warning Over Bitget’s ‘Unlicensed’ Crypto Futures Products in Australia
by shayaanby shayaanIn short ASIC has accused Bitget of offering crypto -futures without a permit to Australians, the lack of a AFS license and …
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Global payment giant Mastercard said in a statement on its official blog that stablecoins, which stand out among cryptocurrencies, have now reached …