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U.S. Credit Unions Adopt Tokenization of Real World Assets


Credit Unions in the U.S. are starting to use blockchain and tokenization to automate business processes, but regulatory challenges remain. The post U.S. Credit Unions Adopt Tokenization of Real World Assets appeared first on Cryptonews

Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol


Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against...

Crypto VC growth stalls at 2.4% as market challenges loom


Crypto analysts predict a slow year regarding venture capital investments toward crypto projects, with an estimated increase of a mere 2.4%. The figure expected to reach is $12 billion,  The general sentiment seems to be a disappointment, even with Wall Street inclining towards cryptocurrencies....

SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems


SWIFT China President Wen Yang discusses the challenges and solutions for cross-border CBDC interoperability and initiatives to bridge the technological gaps between different CBDC systems. The post SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems appeared first on Cryptonews

Crypto Experts Pile Into New Solana Project – Next 100x Meme Coin?


Is this the next 100x meme coin? Some would say so. In just under three weeks, Solana’s all-American hillbilly $SEAL has attracted over $1.2 million catching the attention of investors worldwide. That’s because, hilarious as he is, Sealana is at the forefront of a new wave of meme coins...

Polkadot faces market challenges: Investor concerns rise


Polkadot (DOT), one of the leading blockchain platforms known for its interoperability and scalability features, has recently encountered challenges that have raised concerns among investors and enthusiasts. A combination of factors, including market volatility, network congestion, and regulatory...

Kraken challenges SEC’s definition in legal battle


Kraken counters the Securities and Exchange Commission’s version of identifying legal investment deeds pertaining to transactions on the Kraken platform. This is regarding an appeal for nullifying a case introduced by the SEC.  Kraken’s appeal focuses on a crucial differentiation between...

Kraken Challenges SEC Overreach in Recent Court Filing


In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024, claims the SEC fails to identify legitimate...

Legal expert challenges Ripple’s ODL deal under Howey Test


An important development has taken place in Ripple’s ongoing battle with the Securities and Exchange Commission (SEC) as Bill Morgan, a lawyer from the crypto sector, disputes the claim that Ripple’s On-Demand Liquidity (ODL) fits the Howey Test. This test determines whether...

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