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Report Reveals Chinese Workers Converting Earned CBDC To Cash
13.5.2024
Workers in China are not very enthusiastic about the digital money issued by the nation's central bank (CBDC). According to a research published on May 13, several employees who receive their pay in digital yuan (e-CNY) quickly turned the asset into fiat money.
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Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
13.5.2024
Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million
Franklin Templeton CEO Bullish on Blockchain Technology and Asset Tokenization Trend
13.5.2024
Franklin Templeton CEO Jenny Johnson, who oversees the $1.6 trillion asset management firm, said she remains a huge fan of blockchain technology and sees exchange-traded funds (ETFs) and mutual funds being on the blockchain.
The post Franklin Templeton CEO Bullish on Blockchain Technology and Asset...
Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden
13.5.2024
Metaplanet strategy “unequivocally prioritizes a Bitcoin-first, Bitcoin-only approach” with financial options such as long-dated yen liabilities.
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Metaplanet Makes Bitcoin a Reserve Asset As Japan’s Debt Mountain Grows
13.5.2024
The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market
Wall Street Giants, JPMorgan’s Onyx Eye Industrializing Blockchain PoCs
12.5.2024
Leading financial institutions on Wall Street are shifting their focus towards industrializing proofs-of-concept (PoCs) developed within the blockchain experiment known as Project Guardian.
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Interpol Nigeria boosts cybersecurity with virtual asset training
11.5.2024
The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins
India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers
11.5.2024
Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s...
Stand With Crypto Launches PAC To Back Pro-Crypto Politicians Ahead of November Elections: Reuters
10.5.2024
Digital asset advocacy group Stand With Crypto has launched its own political action committee (PAC) set to back pro-crypto politicians a Friday report from Reuters reveals. News of the PAC comes as crypto continues to be a significant concern for voters the lead-up to the November 2024...
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
10.5.2024
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using...
SBI Digital Asset Holdings and Chiliz to launch Fan Tokens in Japan
10.5.2024
SBI Digital Asset Holdings Co., Ltd., the asset branch of SBI Holdings, has revealed a collaboration with Chiliz, a well-known blockchain provider in the sports and entertainment industries, to establish a joint venture in Japan. It is believed that this partnership will enhance the sports...
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
10.5.2024
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow
Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers
10.5.2024
In response to fraud and money laundering risks in the virtual asset landscape, Taiwan’s Ministry of Justice has proposed several amendments to the city’s existing AML laws, suggesting hefty fines and prison terms for non-compliant service providers.
The post Taiwan Proposes AML Amendments, Seeks...
Coinbase sees infinite interoperability potential with Ethereum and USDC
9.5.2024
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami
Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements
9.5.2024
Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities. The initiative, known as the Regulated Settlement Network, is a proof-of-concept designed to expedite and secure...
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards
9.5.2024
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...
AI Solutions Seek To Advance Real World Asset Tokenization
9.5.2024
Real-world asset tokenization is gaining traction, but industry experts believe that AI will help use cases advance.
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AI Crypto Coins Rally Begins Ahead of NVIDIA’s May 22 Earnings, This Lesser-Known Coin Poised for Biggest Surge
9.5.2024
Many crypto tokens attached to top AI/blockchain projects are rallying hard ahead of Nvidia’s earnings report on May 22. Nvidia is the premier AI play in the stock market. The stock has an eye-watering market capitalization of $2.2 trillion and some of the highest returns of any asset....
ETH Reverts to Inflationary Asset Following Fee-Reducing Dencun Upgrade
9.5.2024
Ethereum's recent Dencun upgrade, which was designed to reduce fees and help scale the network, has caused ether {{ETH}} to revert back to an inflationary asset -- potentially reversing one of the key benefits of last year's Merge
Marsh Introduces Insurance Solution for EU Crypto-Asset Service Providers
9.5.2024
Marsh, the insurance broking and risk advisory business of Marsh McLennan, has unveiled an insurance solution designed for crypto-asset service providers operating within the EU.
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