When the Nigerian Securities Watchdog issued its first two Virtual Asset Service Provider (VASP) licenses in 2024, it seemed like the beginning of a new era. But it has not yet issued more licenses, and it now says that it…
An amount of Abu Dhabi-based units continues with the launch of a Dirham-Backed Stablecoin To revolutionize the payment landscape in the United Arab Emirates (UAE). Abu Dhabis International Holding Company (IHC), First Abu Dhabi Bank and ADQ is cooperation Up…
Supreme Court India refused to consider a presentation that seeks the creation of a regulatory structure for digital assets, according to Media reports. During the hearing, the bench, consisting of justice BRAI and Augustine George Masih, made it clear that…
Federal Reserve cleans banks to offer crypto Federal Reserve Board announced that it had officially withdrawn its guidance letter for banks related to crypto assets and Stablecoins. 2022 issued the Federal Reserve Board “Commitment to crypto-access related activities by Federal…
Singaporean Fintech Company Aleta Planet has launched a digital payment application for Muslim communities to meet a wider demographic. According to messageThe application will meet the niche payment requirement for Muslims in Singapore and the rest of Southeast Asia. Baptized…
With all the call about tokenization In recent years, another related term has crept into the discourse around blockchains and digital assets: fractionation. Because infinite number of tokens can theoretically be coined against someone Real asset (RWA) claims advocates for…
China Digital Yuan remains the benchmark for a larger economy Central Bank digital currency (CBDC), and the Asian nation have worked with some of its allies to expand it outside its boundaries. Over the past week, some reports have shown…
US representative Nydia Velázquez (D-NY) has proposed legislation aimed at preventing investors from using US territory for Puerto Rico as a digital asset tax. According to a 21 April Bloomberg ReportDemocratic Congress Woman Velázquez introduced “fair taxation of digital assets…
Tokenization of real assets can increase to $ 23.4 trillion in 2033, says a new report from the Boston Consulting Group. The Report with the title “approaching the tokenization point” revealed that tokenized Rwas will end this year As a…
Senators Thom Tillis (R-NC) and John Hickenlooper (D-Co reinstated Proving Reserve of Others Funds (Proof) ACT, which aims to prevent digital assets from gathering customer assets with corporate funds and strengthening the reserve transparency requirements. The action, first introduced In…
