The US Securities and Exchange Commission is carving out a new path for the cryptocurrency sector, including evaluating the security status of crypto assets and potentially providing “retroactive relief” for certain token offerings. According to a Feb. 4 statement issued by SEC Commissioner Hester Peirce, the White House’s newly announced Crypto Task Force will use its tools…
Injective, a layer-1 blockchain purpose-built for finance, is rebranding to reflect its evolution into an ecosystem that merges traditional and onchain finance. The new brand identity embodies Injective’s growth and its mission to create a more open and efficient financial system through onchain. Decentralized finance (DeFi) has come a long way since its inception. What began…
Over 50% of Ethereum validators have signaled support for raising the network’s gas limit, increasing the maximum amount of gas that can be used for transactions in a single Ethereum block. As of Feb. 4, Gaslimit.pics, which actively tracks the progress of validators’ support for a higher gas limit, shows 52% of validators are in favor, surpassing the…
Real-world assets (RWAs) reached a new cumulative all-time high following Bitcoin’s decline below $100,000. RWA tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities of these assets. Onchain RWAs have reached a cumulative all-time high of more than $17.1 billion across over 82,000 total asset…
Opinion by: Irina Heaver, Bitcoin and crypto lawyer The United Arab Emirates has positioned itself as a global capital of crypto innovation. With zero personal income tax, low corporate taxes and some of the clearest regulatory frameworks in the world, entrepreneurs are flocking to Dubai, Abu Dhabi, Ras Al Khaimah and beyond to set up…
The Securities and Exchange Commission of Thailand is planning to launch a distributed ledger technology-based trading platform for securities firms to trade digital tokens. The deputy secretary-general of the Thai SEC said that token investments were gaining traction and the regulator will allow securities companies to trade digital tokens to capitalize on their large investor…