The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can be fractionalized. Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion...Continue Reading
Binance’s future threatened after superpowers try to crush it, SBF accused of massive bribe over trading in China, former OKX exec charged. Our weekly roundup of news from East Asia curates the industrys most important developments. Binance’s secret U.S. users On Mar. 27, the U.S. Commodity Futures Trading Commission (CFTC) charged Binance and its founder...Continue Reading
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement’s ability to seize and store assets. The government of the United Kingdom has laid out plans to step up regulation of crypto assets in its efforts to respond to economic crime in the...Continue Reading
The OCC is replacing its Office of Innovation with a new body that will help it stay on top of fintech developments and emerging risks. The United States Office of the Comptroller of the Currency (OCC) officially announced the establishment of its Office of Financial Technology on March 30. The new office will broaden the...Continue Reading
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