Anti-money-laundering controls remain a central concern, he said, describing a need to understand and manage risks before introducing new rules. “We don’t want to create something with a big boom and then with a big collapse,” Valainis said. The government will implement solutions only when… Read More
That isn’t as obvious as it sounds. Citrini argued that tokenization could lift the broader crypto ecosystem, but more assets moving onchain doesn’t automatically make bitcoin BTC$81,387.08, ether ETH$2,399.97 or whichever blockchain hosts them the best trade. Arthur Hayes, BitMEX’s co-founder and the chief investment… Read More
Wells Fargo, meanwhile, is already processing cross-border payments using tokenized deposits, with money reaching beneficiary accounts in two minutes or less. “This is in production, by the way, and it’s small volume so far,” CFO Michael Santomassimo said. The bigger opportunity for Wells Fargo may… Read More
The coalition warned that the current limit is too low, noting some existing European projects already exceed it.
The source also said SEC staff have become increasingly focused on the agency’s legal authority to issue such broad relief, including whether it has completed sufficient economic analysis and followed the procedural steps required to justify an exemption. Industry insiders have been instructed that this… Read More
Tether, best known for issuing USDT, the world’s most widely used stablecoin, is expanding its push into real-world asset tokenization to bring institutional-grade real estate asset onchain in Saudi Arabia. The company said Thursday that its tokenization platform, dubbed Hadron, will provide the technology to… Read More
