The real-world asset tokenization industry is projected to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions. Read More at https://cointelegraph.com/news/rwa-tokenization-trillion-dollar-growth-driven-financial-institutions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Goldman Sachs holds $710M in Bitcoin ETFs — SEC filing
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%. Read More at https://cointelegraph.com/news/goldman-sachs-holds-710-million-bitcoin-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong warns against crypto firms misrepresenting as ‘banks’
Hong Kong’s central bank said it may be illegal for unlicensed companies to represent themselves as banks in Hong Kong. Read More at https://cointelegraph.com/news/hkma-warns-crypto-firms-misuse-bank-word?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EU regulator sets restrictive measure guidelines for crypto providers
Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU’s restrictive measures regimes. Read More at https://cointelegraph.com/news/eba-guidelines-crypto-restrictive-measures?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal. Read More at https://cointelegraph.com/news/upbit-kyc-violations-license-renewal-south-korea?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Don’t be delusional: Decentralization doesn’t compensate for regulation
DeFi needs regulation to build trust, attract institutional investment, and ensure long-term viability despite its decentralized nature. Read More at https://cointelegraph.com/news/don-t-be-delusional-decentralization-doesn-t-compensate-for-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FSB calls for stricter oversight against AI vulnerabilities
FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance, and systemic vulnerabilities. Read More at https://cointelegraph.com/news/financial-stability-board-ai-financial-risks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
Michael Saylor is planning a party for Bitcoin to hit $100,000 this year and says it won’t fall to $60,000 as predicted by some analysts. Read More at https://cointelegraph.com/news/bitcoin-price-wont-fall-60k-no-threats-microstrategy-michael-saylor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform
Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin. Read More at https://cointelegraph.com/news/consensys-pushes-back-against-regulatory-gaslighting-with-new-sovereignty-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price can hit $100K by Thanksgiving if bulls hold key level
Bitcoin is consolidating after new all-time highs, but bulls cannot afford to lose track of too many potential support levels, says BTC price analysis. Read More at https://cointelegraph.com/news/bitcoin-price-100k-by-thanksgiving-bulls-hold-key-level?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound