Aave, Circle, Base become founding members of Tokenized Asset Coalition

    It’s a big day for asset tokenization, as many of the biggest names in the field announced the formation of an association to further its development. Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset…

    Digital Fortress, Part 1: How to safeguard digital assets in Web3

    Here’s how Web3 users can protect their digital assets from cyber criminals targeting crypto wallets. Why is protecting your digital assets in the Web3 era important? For the majority of users back in the day, cybersecurity meant protecting important files and folders because nothing of monetary value was stored on our computers. As long as…

    CFTC proposes reducing anonymity to manage risks

    Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity. A commissioner of the United States  Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero, has proposed reducing the anonymity of cryptocurrencies as a means…

    Crypto exchange Bittrex to wind down operations in the US

    The exchange shared that all customer funds are safe but advised its U.S. customers to withdraw their funds by April 30, 2023. Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform’s ninth anniversary, marking a…

    ‘Crypto FUD’ — Industry outraged as White House report slams crypto

    The report included 35 pages seemingly aimed at debunking the merits of crypto assets. Crypto executives have expressed irritation over the latest White House economic report — which notably features an entire chapter dedicated to casting doubts on the merit of digital assets. The Economic Report of the President, released March 20, marks the first time the…

    Real-world assets tokenization lacks infrastructure, not just regulation

    Assets tokenization has been held back by lack of infrastructure and regulatory standards worldwide. The next generation of securities and asset tokenization has been held back by a lack of infrastructure and regulatory standards worldwide, according to BlackRock’s Larry Fink. The merger between decentralized finance (DeFi) and traditional assets, however, has been held back by…