CashNews.co The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns over governance, legal frameworks, and financial stability. Tokenization, which converts real-world assets (RWA) like property and securities into digital tokens, has drawn attention for its ability to streamline transactions and reduce costs. […]
Cash News The following is a guest post by Anil Oncu, CEO of Bitpace. Since its inception in 2020, the European Unionās Markets in Crypto-Assets (MiCA) regulation has shed a new light on the European crypto industry. While many have considered the continent a less important player, the fledgling regulation has introduced a new narrativeāone […]
Cash News A major fraud trial involving crypto and diamond investments has opened in France, bringing over 20 defendants to court on charges of defrauding 1,300 individuals and several top-tier football clubs. According to local media, the proceedings began on Oct. 21 in a conference center in Nancy, eastern France, due to the large number […]
Cash News Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20. This represents a significant increase from previous election cycles, marking nearly a 13-fold jump from the $15 million spent in 2020. The […]
Cash News Coinbase CEO Brian Armstrong and billionaire Elon Musk have joined a growing list of notable figures endorsing pro-crypto attorney John Deaton in his bid to unseat Senator Elizabeth Warren as Massachusettsās representative. On Oct. 21, Armstrong took to the social media platform X (formerly known as Twitter), urging crypto holders in Massachusetts to […]
Cash News Global regulators have intensified their efforts against Bitcoin, with researchers from the Federal Reserve Bank of Minneapolis and economists at the European Central Bank (ECB) making bold recommendations to āeliminateā the leading crypto. Feds proposes Bitcoin ban On Oct. 17, researchers from the Federal Reserve Bank of Minneapolis released a paper suggesting that […]
Cash News BlackRock is reportedly in discussions with several centralized exchanges to allow its BUIDL fund to be used as collateral for derivatives trades As reported by Bloomberg on Oct. 18, people familiar with the matter shared that the move includes exchanges such as Binance, OKX, and Deribit. This move is part of a broader […]
Cash News After the Bitcoin halving took place in April, major Bitcoin miners have increasingly started choosing one of two strategies ā either hodl the BTC they mine or gear up with artificial intelligence (AI). The BTC halving slashes the earings of miners by half every four years ā a deflationary mechanism that also helps […]
Cash News Ripple said there are no surprises in the US Securities and Exchange Commissionās (SEC) last-minute Civil Appeal Pre-argument statement (Form C) filing in their ongoing legal battle. On Oct. 17, the SEC took further steps to appeal specific elements of Judge Analisa Torresās ruling in its case against Ripple by submitting the long-awaited […]
Cash News Kraken has introduced a new wrapped Bitcoin product, kBTC, to tap into the rapidly expanding sector, according to an Oct. 17 statement. kBTC is a fully-backed, cross-network-compatible ERC-20 token representing Bitcoin. Each kBTC is backed 1:1 by an equivalent amount of Bitcoin, stored securely in Krakenās custody, with on-chain reserves available for public […]