Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible for shepherding legislation that might affect the U.S. capital markets and banking […]
Tether CEO Paolo Ardoino told a U.S. crowd on Tuesday that he’s counting on sensible crypto regulations coming soon from the U.S. “There is no place like the U.S.,” he said via video link at DC Fintech Week in Washington.Source
The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the “world’s first combined equity and debt tokenized fund.”Source
Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users’ deposits are protected up to the value of $250,000.Source
MetaPlanet completes its 11th series of stock acquisition rights, with Evo Fund securing a 14.9% ownership stake after exercising its stock acquisition rights.Source
The U.S. government’s debt and deficit issues aren’t going anywhere no matter who wins the presidency next month, said Jones.Source
The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology’s interaction with legacy systems.Source
NEAR Protocol was also among the underperformers, falling 2.9%.Source
Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million.Source
The project is spinning out of Solana Labs and its new leaders want to turn a profit.Source