Gold-Based Digital Assets Issued in Russia
A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on…
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Russia’s Central Bank report examines crypto’s place in the financial system
Russia's Central Bank has released a report on digital assets which looks at how the technology could be integrated into its traditional financial system.
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the…
Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part…
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM…
SWIFT says it has reached a ‘breakthrough’ in recent CBDC experiments
"For CBDCs, our solution will enable central banks to connect their own networks simply and directly to all the other payments systems in the world through a single gateway," said…
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what…
How does tokenization help transform illiquid real estate ownership into a liquid one?
Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties.
$491B asset manager KKR’s health care fund tokenized on Avalanche
To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a "liveness check."
Tokenization of illiquid assets to reach $16T by 2030 — Report
A large chunk of the world's wealth today is locked in illiquid assets, notes the report's authors.