Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,403,738,990,227.88
  • 24h Vol: $55,630,174,149.64
  • BTC Dominance: 56.54%

financial innovation

$110m-added-to-tokenized-treasuries-in-5-weeks,-market-cap-approaches-$2b-mark

$110M Added to Tokenized Treasuries in 5 Weeks, Market Cap Approaches $2B Mark

Leave a Comment / Bitcoin, Blackrock BUIDL, blockchain technology, Crypto Hacked, Cryptocurrency, Ethereum, Finance, financial innovation, Franklin Templeton BENJI, Market Capitalization, real world assets, RWAs, Solana, Stellar, tokenized, Tokenized U.S. Treasuries / / / , , , , , , , , , , , ,

As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the pack among tokenized Treasury assets by market cap, experiencing a $14.85 million uptick in just 38 […]

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biden-administration’s-economic-report-deems-crypto-assets-‘mostly-speculative-investment-vehicles’

Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’

Leave a Comment / artificial scarcity, Bad Actors, Biden Administration, Bitcoin, Compliance, crypto assets, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, Digital Assets, Digital Currencies, Distributed Ledger Technology, Economic Report of the President, Ethereum, financial innovation, financial intermediaries, Financial Markets, financial regulations, financial stability, financial system, illicit finance risks, Investors, Joe Biden, News, Regulations, Regulatory Compliance, risk management, Software, sovereign money, Stablecoins, Technology, U.S. dollar, Web3, White house / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets do not deliver on their promises

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saudi-central-bank-says-ongoing-cbdc-experiment-focused-on-domestic-wholesale-use-cases

Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases

Leave a Comment / Bitcoin, CBDC, CBDC risk, CBDCs risks, Crypto Hacked, Cryptocurrency, Ethereum, financial innovation, Fintech, Mohammed Al-Jadaan, Privacy, Saudi Central Bank (SAMA) / / / , , , , , , ,

Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the central bank has said. Meanwhile, the Saudi Minister of Finance has said CBDCs can be a “fantastic tool” which can be used by developing countries as

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