Crypto News

The World Federation of Exchanges has urged securities regulators to take action against tokenized stocks, citing concerns over market integrity and investor risks. Mismatched Products and Regulatory Gap The World Federation of Exchanges (WFE), which represents major stock exchanges globally, has called on securities regulators to crack down on tokenized stocks, arguing they pose aSource link

Altcoins bounced back sharply on Tuesday after a steep sell-off over the prior 48 hours, with traders seizing lower prices as an opportunity to re-enter the market.XRP led the recovery, gaining 6% over the past 24 hours. Solana (SOL) and dogecoin (DOGE) each climbed about 4.5%, while ethereum (ETH) added 5% over the same period. Open interest across these tokens also ticked higher, signaling renewed speculative activity. XRP once again stood out, with its open interest rising 4.2% in the past day.The uptick comes as CME Group announced earlier Tuesday that its crypto futures suite surpassed $30 billion in notional open interest for the first time. SOL and XRP futures each crossed the $1 billion mark, with XRP becoming the...

The Commerce Secretary did not clarify which blockchain the federal government plans to use—or for what purpose, exactly.Source link

The second largest crypto by market value dipped to $4,341 early Tuesday before regaining some ground, but is still about 8% off its recently set record high.Source link

Representatives of the crypto exchange Kraken recently met with the SEC’s Crypto Task Force to discuss its proposed tokenized trading system and the broader regulatory framework for tokenizing traditional assets. A Proposal for a Tokenized Trading System On Aug. 25, the staff from the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force met withSource link