Real World Assets - What is RWA?
Real-world assets (RWA) are real-life assets tokenized as tokens or NFTs. They integrate TradFi (traditional finance) and DeFi (decentralized finance) to turn real assets into digital assets on the blockchain and can therefore be traded more.
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Previously, only BTC, ETH, XRP, XLM and some tokens were used in the payment system of the Thai central bank, which was allowed to trade.
Learn more ๐๐ป๐๐ป
https://t.co/1tc1BlgB9y
- Breaking News ๐ฅ-
Thai Securities and Trading Committee ๐น๐ญ (SEC) has approved USDT and USDC as a pair of trading on digital property floors, expanding the listed crypto list.
#Thailand#Finance#Cryptocurrency
The countryโs Finance Minister, Muhammad Aurangzeb, recently met with US President Donald Trumpโs digital asset advisory delegation and affirmed that Pakistan wants to regulate crypto based on global standards (FATF) and exploit blockchain technology.
โ Crypto News ๐ฐ โ
Pakistan used to oppose crypto, but legalized it in late 2024 and most recently established a โNational Cryptocurrency Councilโ to build a legal framework.
#Pakistan#FATF#Finance#Cryptocurrency
According to Piero Cipollone, this initiative helps improve the efficiency of the European financial market. The project started in 2021, when the ECB studied design and how to distribute digital Euro.
#European#Finance#Bank#Cryptocurrency#Blockchain
โ Breaking News ๐ซ โ
The European Central Bank (ECB) is developing a payment system based on a distributed ledger technology (DLT), initially to associate with current RTGS system (Target). They will find long term solutions to pay with central bank money on Blockchain (CBDC).
As required, Tether must maintain the 1: 1 reserve ratio for USDT and audit monthly in the United States Auditing Company. Governor Fed Christopher Waller said Stablecoin helped expand the influence of the dollar, despite still worrying about the risk of anchor loss.
โ Breaking News ๐ฐ โ
Tether is actively talking to the two US MPs Bryan Steil and French Hill, the author of the Stable bill (submitted to February 6), to build the Stablecoin legal framework.
#USDT#USA#Finance#Cryptocurrency
โ Breaking News ๐ฅ โ
Ripple has cooperated with Unicambio, a leading financial service company in Portugal Specializing in foreign currency exchange and international money transfer, to provide cross border payment services between Portugal and Brazil
#Ripple#Cryptocurrency
โ Crypto News ๐ฐ โ
Sony's Layer-2 Soneium launched the first NFT music in combination with Coop Records web3 disc. Project introduces unprateased music of producer Nuu$Hi (from Tokyo), sold on NFT Sonova market for 0.000777 ETH (about 2.11 USD).
#Sony#NFT#RWA#ETH#Soneium
Coop Records has transferred more than 600 songs to Blockchain, pursuing a fair revenue sharing model thanks to NFT. Sony said this is a vision "distribution of transparent and fair profits" to the artist, a key goal of Soneium.
The United States is currently the world's largest crypto market, with 70% of transactions worth more than $1 million.
Learn more ๐๐ป
https://t.co/1tc1BlgB9y
โ Crypto News ๐ฐ โ
Crypto . Com has announced plans to launch an institutional trading platform in US, offering over 300 trading pairs & support for advanced strategies. Aimed to compete with companies like Coinbase, Kraken and Gemini.
#USA#Karken#Gemini#Cryptocurrency
โ Breaking News ๐ โ
Bloomberg: US President-elect Donald Trump is expected to sign an executive order making crypto a national priority, which is expected to happen as soon as he takes office again on January 20.
#USA#Finance#BTC#Cryotocurrency
โ Breaking News ๐ฅ โ
Boerse Stuttgart Digital has received a crypto asset service provider (CASP) license from German regulator BaFin ๐ฉ๐ช, allowing it to provide cryptocurrency-related services across the European Union under New regulations of Markets in Crypto Assets (MiCA).
PHPX aims to optimize international money transfers, helping foreign workers quickly transfer money back home. PHPX will link with a multi-currency stablecoin exchange, support swaps with USD, SGD and JPY, expanding applications in retail payments and point-of-sale transactions.
โ Breaking News ๐ฅ โ
Major banks in the Philippines are collaborating to issue stablecoin PHPX, backed by peso. PHPX is developed by startup Just Finance (Singapore), expected to launch from May to July 2025 on Hedera blockchain.
#Philippines#Finance#Hedera#Cryotocurrency
Many European banks are also gradually moving towards offering similar products to customers in the European Union ๐ช๐บ
Learn more ๐๐ป๐๐ป :
https://t.co/1tc1Blg3k0
โ Breaking News ๐ซ โ
Garanti BBVA Kripto, a crypto custody platform operated by Garanti BBVA โ Tรผrkiye's 5th largest bank ๐น๐ท will soon offer crypto trading services to the public.
#European#Finance#Bank#Cryptocurrency