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Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox


Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more affordable for younger Kenyans, regardless of their...

The people of New Zealand prefer crypto to real estate


Many New Zealanders want to build wealth with cryptocurrency instead of real estate. They are switching to crypto due to their disinterest in conventional financial systems. Crypto is more accessible than real estate investment, mainly due to the high costs involved with getting into the market....

Settlement agreement of $885 million between FTX estate and IRS


FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...

Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US


Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...

Donald Trump Set To Dine With NFT Buyers At Mar-a-Lago: Report


Republican presidential frontrunner Donald Trump is scheduled to dine with purchasers of his Trump “Mugshot Edition” NFTs Wednesday at his Mar-a-Lago estate, Axios has reported. News of the dinner comes as the former U.S. president faces 34 counts of falsifying businesses charges in relation to...

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