Dr. Zou Chuanwei shared from four parts: from tokenization to digital assets; two circulars from the Hong Kong Securities and Futures Commission on the tokenization of securities and investment products; the progress of tokenization practice in Hong Kong; and conjectures about tokenization.
JinseFinanceNoble and Hashnote collaborate to launch USYC, a tokenized real-world asset on Cosmos. USYC, a short-term yield fund, targets the growing RWA market. The token's unique "T+1 redemption" feature enhances investor confidence. The initiative demonstrates Cosmos' diverse ecosystem and the potential of tokenized securities. Despite promising opportunities, continuous monitoring is crucial in this dynamic landscape.
SanyaThe announcement of this partnership took place at the recent Plan B event held in Lugano, Switzerland.
DavinDaniel Maeda announced Brazil's CVM's plan for a 2024 regulatory sandbox during Rio Innovation Week, emphasising tokenisation and market evolution.
BitcoinworldAfter the successful launch of its new licensing regime for virtual asset service providers, Hong Kong regulators have their sights on stablecoins and tokenized securities.
BeincryptoSecurities and Exchange Commission Chair Gary Gensler suggested Wednesday that tokens using staking protocols could be considered securities under U.S. law. Gensler suggested that the returns token holders see from staking indicate that those tokens are securities and would need to be registered as such under U.S. law.
TheBlockFTX US exchange intends to make its own analysis of whether token might be qualified as a security
OthersThe topic of which federal company should regulate the cryptocurrency market has gained a lot of attention lately.
Others“There's a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem,” said Zerocap CEO Ryan McCall.
CointelegraphThe regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs.
Cointelegraph