FTX has $222M in Bahamas real estate, 1,300 tokens: shareholder presentation
Ten percent of shareholder claims have been settled so far. They will be able to assess the condition of the company at a meeting that runs Sept. 11-12. Go to Source
Digital Asset
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‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS
According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist. Go to Source
Aave, Circle, Base become founding members of Tokenized Asset Coalition
It’s a big day for asset tokenization as many of the biggest names in the field announced the formation of association to further its development. Go to Source
IRS releases draft of proposed reporting rules for digital asset brokers
House Financial Service Committee chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.” Go to Source
Securitize acquires $40b crypto fund manager Onramp
Digital securities firm Securitize will provide new alternative assets to major cryptocurrency firms like WisdomTree and Valkyrie Invest. Go to Source
Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway. Go to Source
Crypto asset investment in Latvia declines by 50% over past year, per central bank
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.” Go to Source Powered by WPeMatico
Toyota GR Cup will award digital trophies on Polygon blockchain to race winners
Toyota continues its ongoing exploration into integrating blockchain technology within its corporate and developmental ecosystems. Go to Source Powered by WPeMatico
‘Pro crypto bill’ passes out of US House Agriculture Committee
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties. Go to Source Powered by WPeMatico
Securitize issues tokenized assets in Spain, plans September trading start
The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime. Go to Source Powered by WPeMatico
