HSBC to launch digital asset custody services in collaboration with Metaco
HSBC plans to offer digital asset custody services for institutional clients. The bank will offer the custody services in collaboration with Metaco, a DeFi firm owned by Ripple. The custody…
Virtual Asset Management Bill introduced in the Taiwan parliament
The Bill focuses on customer protection, regulatory obligations, and industry self-regulation. Major crypto exchanges in Taiwan had previously formed the Taiwan Virtual Asset Platform and Transaction Business Association. Taiwan’s Financial…
FLOKI launches real-world asset tokenization platform TokenFi, token surges 29.01%
FLOKI token price has surged by 29.01% surge in the last 24 hours. The price gain is attributed to the launch of TokenFi, a real-world asset tokenization platform. TokenFi empowers…
JPEX crypto exchange faces controversy over asset conversion
JPEX’s attempt to transition into a DAO has sparked controversy and frustration among some users. The users who claim their assets were converted without their consent. The exchange is also…
Asset manager Franklin Templeton applies to launch a spot Bitcoin ETF
Franklin Templeton joins other asset management firms like Grayscale that have applied to offer crypto ETFs. The SEC was mandated by the court to evaluate Grayscale’s application to convert its…
Digital asset investment products record largest outflows since March
Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a…
Stargate Finance (STG): Enabling Cross-Chain Asset Transfer
What Is Stargate Finance? Stargate Finance is an interoperable cross-chain liquidty protocol that enables users to transfer native assets cross-chain in a single transaction through the prot...
Thailand introduces new digital asset service providers’ regulations
Thailand’s SEC has introduced new regulations ensuring investor protection from digital asset service providers. Digital asset providers will also not be able to provide digital assets deposited by users for…
What is Asset Management in DeFi?
What is Asset Management in DeFi? The fundamental precept of asset management is wealth creation. In DeFi, the investor rides up front choosing their strategy with increased transparency, t...
US default will see Bitcoin become a more trusted safe haven asset than the dollar, survey says
Retail investors would prefer Bitcoin over the dollar in case of a default, a new survey says. A US default could be here as early as June 1, experts have…