Key takeaways Tokenizing assets on Bitcoin is attractive thanks to the blockchain’s security, recognition and robust infrastructure. Bitcoin ordinals enable the creation of non-fungible tokens on the Bitcoin blockchain for asset tokenization Tokenizing real-world assets on Bitcoin opens up new possibilities in real estate, art, and commodities by inscribing data onto individual satoshis Regulatory uncertainty…

Australia’s Anti-Money Laundering regulator has taken action against 13 remittance service providers and crypto exchanges, with over 50 others still being investigated regarding possible compliance issues. Australian Transaction Reports and Analysis Center (AUSTRAC) CEO Brendan Thomas said in a Feb. 17 statement that the regulator refused registration renewal for six providers because key personnel were either convicted,…

The Texas Senate is set to hold a public hearing on Feb. 18 to discuss the establishment of a Bitcoin reserve, but market analysts say the move may be largely symbolic unless the state announces an immediate investment plan. The first public hearing for the establishment of a potential strategic Bitcoin reserve in Texas is scheduled…