What is tokenization and how are banks tapping into its design principles?
Financial services organizations can use tokenization to solve several friction points and have better risk management in place. Go to Source Powered by WPeMatico
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Russia’s Sber bank integrates Metamask into its blockchain platform
Russia’s largest lender is moving into DeFi and Web3 by integrating its blockchain platform with the Ethereum blockchain. Go to Source Powered by WPeMatico
Blockchain-based fintech company prepares to enter $500B freight settlement market
Although rare, real-world blockchain utility does exist, now evidenced by one company’s efforts to reduce transactional fees in supply chains. Go to Source Powered by WPeMatico
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time. Go to Source Powered by WPeMatico
Shiba Inu developer says WEF wants to work with project to ‘help shape’ metaverse global policy
Shytoshi Kusama reported Shiba Inu could work alongside Facebook and Decentraland by working on metaverse global policy at the World Economic Forum. Go to Source Powered by WPeMatico
Lido fundamentals shine even as the wider crypto market struggles to regain traction
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers. Go to Source Powered by WPeMatico
South Korea investigates crypto exchanges for listing native tokens
Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020. Go to Source Powered by WPeMatico
Is DOGE really worth the hype even after Musk’s Twitter buyout?
Though Dogecoin has seen a near 45% rally over the past month, its use cases remain limited, especially given that it can’t interact with smart contracts. Go to Source Powered by WPeMatico
South Korea seizes $104M from Terra co-founder suspecting unfair profits
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors. Go to Source Powered by WPeMatico
Regulator Halts Trading of FTX Tokens in Indonesia
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world. Indonesian Authority Orders Crypto Exchanges to Discontinue FTX Token … Read more
