The EU’s MiCA framework is creating a predictable environment for crypto services. Stablecoins are being used for payments, settlements, and cross-border operations. Tokenized assets are being tested by banks and asset managers. As a result, banks, brokers, and fintech platforms are planning to launch crypto services. This can include custody, trading, or stablecoin rails. But…
The US Securities and Exchange Commission (SEC) is considering the creation of an innovation exemption within its regulatory framework to foster tokenization, SEC Chair Paul Atkins said during a press event on Friday, according to Bloomberg. In the Bloomberg report, Atkins said that the SEC staff was considering changes that would promote tokenization, including an innovation…
Financial technology (Fintech) companies may move away from traditional lending services, as decentralized alternatives offer more accessible loans with smaller fees. Decentralized finance (DeFi) lending protocols enable users to lend and borrow their cryptocurrency for passive income in a permissionless manner, via smart contracts instead of numerous financial intermediaries. The growing efficiency and accessibility of DeFi lending protocols may…
Key takeaways XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP. Promised returns (100%-800% APR) are often unsustainable and lack transparency. High risks include scams, volatility and hidden fees, with little regulatory oversight. Safer alternatives exist, like wrapped XRP in DeFi or regulated lending platforms. Can you really earn passive…
The memecoin sector has added almost $17 billion in token valuations since the start of July, surging to $72 billion as of Thursday, up 29% from its $55 billion market cap on June 30. CoinMarketCap data showed that July has seen bigger trading volumes for memecoins than the previous month, with the sector’s 24-hour trading volume peaking…
The market cap of Tether’s USDt, the world’s largest stablecoin, has surpassed $160 billion for the first time, a “new mind-blowing milestone,” according to Tether CEO Paolo Ardoino. In a Thursday post on X, Ardoino called the achievement a testament to USDt’s growing role as the digital dollar for “billions of people living in emerging markets and…