In a recent development within the cryptocurrency world, Tron Inc. has made headlines with a significant deal that has put Justin Sun’s father, Weike Sun, in control of a public firm through a $100 million token transaction. This strategic move has not only brought about a change in board leadership but has also seen the…
In a groundbreaking move, JPMorgan, a leading U.S. banking giant, has embarked on a pioneering journey into the world of digital assets by introducing a permissioned USD deposit token named JPMD on Coinbase’s Base blockchain platform. This innovation marks a significant milestone for JPMorgan, as it delves into the realm of blockchain technology to enhance…
Stablecoins, such as Tether’s USDT, have become integral to the cryptocurrency market, offering stability by pegging their value to traditional assets like the U.S. dollar. However, recent regulatory scrutiny in the United States poses a significant challenge to the dominance of stablecoins like Tether. With the introduction of the GENIUS Act, the U.S. government is…
Coinbase, a leading cryptocurrency exchange, is eyeing regulatory approval from the U.S. Securities and Exchange Commission (SEC) to introduce tokenized stock trading. This bold move signals a potential expansion of Coinbase’s services into the realm of traditional brokerage firms, where digital versions of stocks, also known as tokenized equities, could revolutionize trading practices by leveraging…
The recent passing of the GENIUS Act by the U.S. Senate marks a significant milestone in the regulation of stablecoins within the crypto industry. With a notable bipartisan support, the bill garnered a 68-30 final vote, emphasizing the growing importance of crypto policy efforts in the United States. The Guiding and Establishing National Innovation for…
