Videos

The US Securities and Exchange Commission’s Crypto Task Force met with several representatives from the cryptocurrency and traditional finance sectors to discuss regulatory issues impacting digital assets in early February. Key themes included staking, clear guidelines for exchange-traded products (ETPs) and a new framework for policing the emerging asset class. According to memoranda available on…

Dubai’s Virtual Assets and Regulatory Authority (VARA) issued a warning about the risks associated with memecoins, cautioning investors against speculative and unregulated assets. On Feb. 13, Dubai’s crypto regulator warned investors that memecoins are high-risk and unregulated. The regulator said these assets are speculative, volatile and subject to market manipulation. VARA wrote: “Many such assets lack intrinsic…

Franklin Templeton, a US-based financial services company with $1.6 trillion worth of assets under management, announced on Feb. 12 that it had launched its OnChain US Government Money Fund (FOBXX) on layer-1 blockchain Solana. The move marks the latest expansion of FOBXX, which launched in 2021, to another blockchain. FOBXX invests nearly 100% of its…

Coinbase’s assets under management (AUM) make the cryptocurrency exchange worth more than the 21st largest bank in the United States, showcasing the continued growth of the crypto industry. Coinbase, the world’s third-largest centralized cryptocurrency exchange (CEX) by trading volume, is holding over $420 billion worth of digital assets on behalf of its users. The $420 billion AUM…

Real-world assets (RWAs) are gaining traction as investors seek stable, yield-generating alternatives amid Bitcoin’s recent price stagnation and global market uncertainties. RWA tokenization refers to financial products and tangible assets like real estate and fine art minted on the blockchain, increasing investor accessibility and trading opportunities of these assets. Bitcoin fell below the $100,000 psychological mark…

Stablecoins dominate cryptocurrency transactions in Brazil, according to Gabriel Galipolo, president of the Central Bank of Brazil. Speaking at a Bank for International Settlements event in Mexico City, Galipolo said digital asset use in Brazil has surged in the last three years, according to a report by Reuters. Galipolo said 90% of crypto use in the country…