assets - DigitalAssets

assets

Tokenization of Real-World Assets Surges, Reaching Record High

* The market value of on-chain real-world assets (RWAs) continues to rise, reaching over $12 billion. * Tokenization of RWAs makes traditionally illiquid markets easier to trade and streamlines the settlement process. * Tokenized U.S. Treasuries have surpassed $2.2 billion in market value, with BlackRock's BUILD leading at $520

assets

South Korea's Financial Services Commission Issues Guidelines on NFT Treatment and Classification

* South Korea's FSC issues guidelines on NFTs as virtual assets * NFTs mass-produced, divisible, and usable for payments considered virtual assets * NFTs with little value treated differently, classified as general NFTs * NFT collections with high quantities could be used for payments * NFTs may be treated as securities if they

assets

Controversial US Law Grants President Extensive Powers to Control Digital Assets

* New law grants US president power to block digital assets, drawing concern. * Scott Johnsson criticizes law's broad scope, potential impact on users. * Senator Warner inserts elements enabling president's control over digital assets. * Law defines digital assets broadly, includes communication protocols and smart contracts. * President can block

assets

SEC's Classification of Digital Assets Faces Criticism and Calls for Restriction

Troy Paredes, a former commissioner at the SEC, believes that the regulator may be overstepping its boundaries when it comes to classifying digital assets as securities. Speaking at a conference, Paredes stated that the SEC has taken a broad view of what constitutes a security under the Howey test. He