S&P Global plans to launch a new benchmark index that tracks a wide range of digital assets and blockchain-related companies, signaling growing recognition of the crypto sector within traditional finance. The S&P Digital Markets 50 Index, created in partnership with tokenization company Dinari, includes 15 cryptocurrencies with a market capitalization of at least $300 million…
Opinion by: Fred Hsu, co-founder and CEO at D3 A small business owner sits on a premium domain like organic.shop. They shop for months and are unable to find a buyer at their asking price. Meanwhile, someone across the globe just bought a fraction of a Manhattan apartment through tokenized real estate in under five…
Financial services giant Morgan Stanley issued guidelines for crypto allocations in multi-asset portfolios, recommending a “conservative” approach in an October Global Investment Committee (GIC) report to investment advisors. Analysts at Morgan Stanley recommended up to a 4% allocation for cryptocurrencies in “Opportunistic Growth” portfolios, which are structured for higher risks and higher returns. The analysts…
The Federal Deposit Insurance Corporation’s board of directors is set to discuss proposed rules that could impact crypto firms amid allegations of debanking. In a Thursday notice, the FDIC said its board would consider a notice of proposed rulemaking “regarding prohibition on use of reputation risk by regulators.” Though the agenda did not explicitly mention debanking concerns…
The ballooning financial deficit of France’s central bank may spur a new wave of money printing, potentially unlocking billions in new capital for Bitcoin. France’s central bank, the Banque de France (BdF), reported a net loss of 7.7 billion euros ($8 billion) in fiscal year 2024, mainly driven by negative net interest income due to…
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), the agricultural regulator for the emirate of Abu Dhabi, United Arab Emirates (UAE), announced a ban on using agricultural land for crypto mining. Violators will face a 100,000 AED fine ($27,229), and the ADAFSA will suspend municipal services, confiscate mining hardware, and disconnect the farmland from…
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