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…
What are leveraged ETFs Leveraged ETFs are a special type of exchange-traded fund that uses borrowed money or financial instruments (like options, futures or swaps) to amplify the daily performance of an underlying index. Unlike traditional ETFs that track an index passively, leveraged exchange-traded funds (ETFs) use derivatives, swaps and futures contracts to magnify gains or losses. For example, consider…
Stablecoin issuer Tether is reportedly in talks with Congressional lawmakers in the United States to help craft stablecoin regulatory policies at the federal level. According to Fox Business reporter Eleanor Terrett, Tether has been working with representatives Bryan Steil, chairman of the House Financial Committee’s Subcommittee on Digital Assets, and French Hill on the STABLE Act introduced…
New cryptocurrency issuance hit an all-time high in January, sparking concerns among analysts over the lack of investor liquidity in the market. Over 600,000 new cryptocurrencies were launched during January, a 12-fold increase compared to the same period in 2024, according to GeckoTerminal data shared by Bobby Ong, the co-founder and chief operating officer of CoinGecko. “Back…