DeCryptoFi has announced two new initiatives to help crypto platforms comply with developing regulations. Learn more: Thestreet.com
Articles by Industry News
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Decentralized Finance and the Future of the Single-Family Rental Sector
The Real Estate Landscape and Its Challenges A Flourishing Asset with Barriers to Entry Real estate is often perceived as a sound, non-correlated investment, where rental income acts as an inflation-hedged fixed income source, and the potential for long-term price appreciation brings added benefits. The single-family rental (SFR) market in the US, estimated at $4...
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The tokenized RWA platform Untangled has received $13.5 million in funding to enable the transfer of private credit
● Untangled Finance, a tokenized real-world asset marketplace, has gone live on the Celo network after securing a $13.5 million investment. ● The London-based asset management firm Fasanara Capital led the investment round and has also opened two credit pools on the platform. ● Untangled Finance plans to expand to Ethereum and Polygon via Chainlink’s...
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Bitline announces digital asset blockchain payment platform for casino payments industry at G2E
● Bitline by Ibanera has launched its digital assets payment platform at Global Gaming Expo 2023, in partnership with Everi. ● Bitline’s digital asset payment rail includes stablecoin assets and facilitates unlimited real-time access to casino floor liquidity globally 24/7/365 via cutting-edge compliance and blockchain payment technologies. ● Bitline’s digital asset liquidity product operates in...
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US regulators are considering imposing penalties on the former CEO of Voyager, a bankrupt cryptocurrency lender
The US Commodity Futures Trading Commission’s enforcement division has reportedly found that the co-founder of Voyager Digital violated derivatives regulations before the company’s bankruptcy last year. Stephen Ehrlich is accused of misleading customers about the safety of their assets, according to sources. Voyager filed for bankruptcy in July 2020 due to a fall in crypto...
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Web3 must improve to prevent crypto hacks from reaching $1.4 billion by 2023
Crypto enthusiasts frequently highlight the benefits of their technology over traditional financial institutions like brick-and-mortar banks, and it’s a story that has a lot of reality. But funds must be ensured to be secure if Web3 is to be widely adopted and for cryptocurrencies to be used in retail or stored as a store of...
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UBS has introduced a money market fund based on Ethereum via Singapore’s Project Guardian
UBS has launched a live pilot of a tokenized version of its Variable Capital Company (VCC) fund, as part of Project Guardian led by Singapore’s central bank. The pilot was conducted using UBS Tokenize and the Ethereum network, allowing for activities such as redemptions and fund subscriptions. This move marks a milestone in understanding fund...
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The trial for the FTX cryptocurrency exchange has commenced in New York
Today marks the start of the trial for Sam Bankman-Fried, the founder of FTX, a former cryptocurrency exchange, in a courtroom located in New York City. Bankman-Fried and former executives of FTX are on trial for allegedly orchestrating one of the biggest financial frauds in US history. FTX collapsed last November, claiming $8 billion in...
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Coinbase, a cryptocurrency exchange, has obtained a license for processing payments in Singapore
Cryptocurrency exchange Coinbase has been granted a full payments license by the Monetary Authority of Singapore, allowing it to offer digital payment token services in the country. Learn more: Reuters
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OpenTrade unveils tokenized U.S. treasuries offering as tokenization race gains steam
The tokenized Treasuries market has grown sixfold this year to $668 million, according to one data provider. The offering is accessible to individual accredited investors, regulated institutions, companies, funds and decentralized autonomous organizations, according to the firm’s press release. Third-party distributors can also integrate OpenTrade’s pool and power their own white-labeled yield offering. OpenTrade’s initial...