It’s a big day for asset tokenization as many of the biggest names in the field announced the formation of association to further its development.
Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks.
The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project.
This move has sparked speculation about its potential impact on XRP’s price.
On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure.
Deaton points out that former SEC officials Bill Hinman and Jay Clayton's testimony during the US SEC v. Ripple Labs case would have categorized XRP as a non-security early on.
Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined
Top-100 DeFi tokens had another mixed week, with most of the tokens trading in a similar range as last week with minor price fluctuation.
The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity.