RWAs continue to experience growth led by tokenized U.S. Treasuries. BlackRock’s boasts a market value of over $500 million. The market value of on-chain real-world assets (RWAs), excluding stablecoins, continues to rise, representing continued investor interest in blockchain-based tokenization of traditional assets. Currently, total RWAs are worth more than a…
Crypto regulation in the US remains a contentious issue, with the pro-industry folk accusing regulators of stifling innovation and driving investment overseas. Congressman Rose is pushing for the creation of a joint advisory committee between the SEC and CFTC. He introduced the “BRIDGE Digital Assets Act,” which proposes a 20-member…
The United States Securities and Exchange Commission (SEC) has been a major source of headwinds for the mainstream adoption of digital assets and web3 protocols. While its primary purpose is to enforce the law against market manipulation, the agency has been accused of overstepping its bounds regarding the cryptocurrency industry. …
Congressman John Rose has proposed a new bill to streamline digital asset regulations by creating a Joint Advisory Committee co-managed by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The BRIDGE Digital Assets Act, introduced in the House, aims to foster collaboration between the two…
As an open-source protocol, Uniswap provides liquidity and trading for ERC20 tokens on the Ethereum blockchain. Adams dismissed the allegations, stating they were made to bait engagement. He clarified that neither Uniswap Labs nor the Uniswap Foundation charges protocols for deploying on its platform. He further explained that governance votes…
Brazil’s Solana Spot ETF will provide an interesting test case for its viability in US markets. 2024: An ETF Bonanza 2024 has been a pivotal year for ETFs in the cryptoasset industry. The SEC made headlines worldwide when it announced Bitcoin ETF’s approval in January. The subsequent events led to…
USDT issuer Tether has made a move into the agriculture sector with a $100 million investment in Adecoagro, a South American agricultural firm. This marks its first venture into the agriculture and food industry, expanding its investment portfolio beyond its previous focus areas of technology and digital assets. Tether Acquires…
Tether acquired a nearly 10% stake for $100 million in NYSE-listed agricultural conglomerate Adecoagro SA, a regulatory filing shows. Agrotoken, together with Adecoagro, started the development of three stablecoins, SOYA, CORA and WHEA, which allow producers to have their own currency represented in grains, Agrotoken CEO Novillo Astrada said. Tether…
The Crypto market has been experiencing a lot of bearish sentiment lately, with prices having fallen since the highs experienced earlier in 2024. This has led to some concern among Crypto holders, while those trading derivatives like Contracts for Difference (CFDs) or Crypto Futures have had the opportunity to benefit…
Bitcoin’s trading hours have surpassed those of the modern US fiat stock market since the Nixon Shock, but claims of it exceeding the entire history of US stock trading or fiat globally would be premature. A closer examination reveals a more nuanced picture of market longevity and trading activity. The…