Opinion by: Alex Zhang, co-founder at Pharos Tokenizing real-world assets (RWAs) is not a self-contained solution to traditional finance problems. To claim such a thing would be one-dimensional. As it stands, RWA tokenization is under […]
Thailand’s SEC raids site tied to World’s WLD exchange over alleged unlicensed operations. Regulators in Germany, Kenya, Brazil, and Indonesia also probe World’s biometric crypto model. Global scrutiny grows over iris-scan data use as the […]
The United States is reportedly in “early talks” with quantum computing companies to provide financial assistance to the sector, citing national security interests. Department of Commerce officials are exploring investing in quantum computer technology using […]
Xeltox/Cryptomus fined C$177M for failing to report 1,000+ suspicious crypto transactions. Violations involved child abuse, fraud, ransomware, and sanctions-related transactions. Firm previously faced BC Securities Commission action over unrecognized exchange operations. Canada’s Financial Transactions and […]
The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central bank’s payment system, signaling the end of […]
The US government is approaching its fourth week of shutdown, with a Senate vote scheduled for Monday evening to end the funding impasse, and a separate meeting on Wednesday where lawmakers and crypto executives will […]
Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies. The companies were instructed by the […]
Roman Storm, a developer of the Tornado Cash privacy-preserving protocol, asked the open source software community whether they are concerned with being retroactively prosecuted by the US Department of Justice for developing decentralized finance (DeFi) […]
Ondo Finance urged the US Securities and Exchange Commission (SEC) to delay or reject Nasdaq’s proposal to trade tokenized securities, saying it lacks transparency and could give established market players an unfair edge. In a […]
Decentralized physical infrastructure (DePIN) protocol peaq has signed a memorandum of understanding with Dubai’s Virtual Assets Regulatory Authority (VARA) to develop a regulatory framework for onchain robotics and tokenized machines. According to a Thursday press […]
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