Posts

Showing posts with the label crypto regulation

Is Everlodge ($EGLD) a buy as Thailand boosts real estate-backed tokens?

Thailand lifts restrictions on real estate-backed tokens for retails:  Should you buy Everlodge? This project aims at disrupting the vacation property space. $EGLD’s presale continues to attract attention from traders. In latest crypto news, Thailand’s Securities and Exchange Commission (SEC) has updated its regulatory restrictions on retail participation in real estate-backed tokens. The development could see more retail investors in the country join real estate investment trusts (REITs) and token-backed property projects. As the industry digests this development, a new project that seeks to democratize the real estate investment space, is gearing up for market debut as its presale draws towards a close. Here’s what Thai’s regulatory move means and how Everlodge ($EGLD) is positioned to transform the property industry via tokenization. Retail investors can join real estate-backed ICOs An update by the Thai SEC on January 18, 2...

The future of ownership belongs to asset tokenization | Opinion

Image
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Have you thought of how tokenization is related to homeownership? Beyond a direct link between these two notions, tokenization reimagines the way we think about ownership. Owning a home is becoming a hereditary privilege. The gap between those with and without parental wealth is getting more obvious than ever, with one third of British first-time home buyers receiving help on a down payment or being completely financed by their parents.  You might also like: Investors must be ready for the power of asset tokenization | Opinion The US is no exception to the generational hurdle—last year, the median age of American home buyers surged to 53 from 45 in 2021. And housing is just one piece of a wealth puzzle. So, what are the durable ways to make the notion of ownership more inclusive for generations to come? In tandem with t...

Kraken co-founder labels SEC as USA’s chief obstacle

Kraken co -founder Jesse Powell has sharply criticized the U.S. Securities and Exchange Commission following new charges against the crypto exchange, highlighting ongoing tensions between the crypto industry and regulatory bodies. In a recent escalation of the ongoing conflict between crypto exchange Kraken and the U.S. Securities and Exchange Commission (SEC), Kraken’s co -founder Jesse Powell has launched a fervent critique of the regulatory body. Powell branding the SEC as the “USA’s top decel” and accusing it of hindering progress, underscores a deeper clash between the burgeoning crypto industry and traditional regulatory frameworks. USA's top decel is back with another assault on America. The masochists haven't been happy with the beatings they've been taking in NY and are shopping for a different flavor of RegDom in CA. I thought we settled all their concerns for $30m in Feb. Now they're back for seconds? https://t.co/SkfPJyneUz ...

House Republicans Seek SEC To Testify On Regulatory Overreach

Image
What To Expect From The Upcoming Financial Services Committee Hearings? The first hearing, titled “Oversight of the SEC’s Division of Investment Management,” is scheduled for Tuesday, September 19, 2023, at 10:00 AM ET, and will take place in 2128 Rayburn House Office Building. advertisement This session is expected to delve into the intricate workings of the Securities and Exchange Commission (SEC) Division of Investment Management, providing an invaluable opportunity for lawmakers to scrutinize and assess the division’s performance. Key aspects of this hearing, such as the live stream, committee memo, pertinent legislation, and the list of witnesses, can be accessed from the official website and will be continuously updated in the run-up to the event. The second hearing, entitled “A Holistic Review of Regulators: Regulatory Overreach and Economic Consequences,” is slated for the same day, Tuesday, September 19, 2023, at 2:00 PM ET. ...

South Korea Aims to Freeze North's Crypto Assets with New Bill

Image
Curbing Illicit Financing After ten months of intense deliberations, President Yoon Suk Yeol recently announced plans for the new bill. Significantly, the revised legislation is more potent than its predecessor since it incorporates specific tactics to “track and neutralize” cryptocurrencies stolen by North Korea in various cyberattacks.  advertisement Moreover, the bill underscores the need for practical strategies to bolster South Korea’s national security. Consequently, it promises to serve as a robust framework for stemming the tide of digital thefts orchestrated by the North. Strengthening South Korea’s National Cybersecurity Besides the legislation, South Korea is doubling down on its cybersecurity efforts. A national cybersecurity committee directly overseen by the president, is in the pipeline. This committee aims to fortify South Korea against international hacking attempts, which evolve in complexity and scale. The chief of ...