Crypto News

Abu Dhabi Global Market (ADGM), the UAE capital’s international financial center, has signed a memorandum of understanding with Chainlink to collaborate on compliant frameworks for tokenized assets. The agreement will give ADGM access to Chainlink’s suite of blockchain tools, including data feeds and interoperability services, as it works to foster blockchain innovation under its Registration Authority, according to a press release. Chainlink has said that its tools have already enabled over $20 trillion in transaction value enabled globally, and are used by major financial market institutions. Under the memorandum there will also be regulatory discussions around blockchain, artificial intelligence and other emerging technologies, as well as a series of events aimed at educating the UAE's financial ecosystem. Topics will include tokenization, proof of...

The Bitcoin-buying behemoth has spent $5.3 billion on the asset this year.Source link

Metaplanet has added another 150 BTC to its treasury, bringing total holdings to 3,350 BTC worth over $291 million. The company remains the largest corporate bitcoin holder in Asia, with a strong BTC Yield growth strategy. Metaplanet Solidifies Position as Asia’s Top BTC Holder Japanese company, Metaplanet has announced the purchase of an additional 150Source link

While Friday’s SEC Crypto Task Force Roundtable was a refreshing change from the prior administration’s “regulation by enforcement” approach, it focused on yesterday’s problems instead of proposals that could shape the regulatory framework that will govern crypto going forward.Since 1946, the question of whether a product is a “security” or “commodity” has been governed by the Supreme Court’s decision in SEC v. W.J. Howey Co. Courts have struggled to uniformly apply the “Howey” test to digital assets, which should not be surprising because it’s a decades-old decision about citrus groves.Digital assets do not cleanly fit into either the “security” or “commodity” bucket. They are something entirely new. But the distinction between securities and commodities matters under the law because the...

The Japanese Bitcoin treasury company has added another 150 BTC to its stockpile.Source link