The Office of the Comptroller of the Currency (OCC), an independent bureau of the Treasury Department that supervises “national” commercial banks in the United States, will host a symposium on tokenization in February 2024. The upcoming symposium is set to ignite a public dialogue on the transformative potential of tokenizing “real-world” financial assets and liabilities. A particular emphasis will be…
India’s state-run refiner Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs). HPCL has partnered with the blockchain software firm Zupple Labs to integrate its blockchain-based digital credentialing technology into the purchase order system, the firms said in a joint announcement. Called LegitDoc, Zupple Labs’…
If the European Union’s sweeping crypto regulation framework were being decided now, it would already have a very different framework, the European Securities and Market Authority told Decrypt. Earlier this week, ESMA published two new documents “encouraging preparations for a smooth transition” to MiCA (Markets in Crypto-Assets Regulation), the continent’s recently approved crypto-regulatory framework Adopted in April this year, MiCA…
Coinbase crypto exchange chief legal officer Paul Singh Grewal called upon the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations as it could set a dangerous precedent for surveillance. Grewal took to X (formerly Twitter) to address the concerns associated with the…
Bitcoin (BTC) core developers have long been at odds over improvement proposals (BIPs) to address pain-points of the protocol, as was evident in a heated panel during Bitcoin Amsterdam. Long-time Bitcoin developers Paul Sztorc and Peter Todd brought this to the fore in Amsterdam, with the latter coming across as highly critical of Sztorc’s work in the ongoing development of…
Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs. Source: https://cointelegraph.com/public/index.php/news/lightning-labs-releases-taproot-assets-alpha-bringing-stablecoins-to-bitcoin
Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development. Source: https://cointelegraph.com/public/index.php/news/tesla-earnings-bitcoin-holdings-investment-ai-elon-musk
Stéphanie Cabossioras has stepped down from her role as the executive director of Binance France, becoming at least the 10th senior executive to leave Binance this year. In an Oct. 19 post on X (formerly known as Twitter), Binance France President David Prinçay confirmed Cabossioras’ departure and expressed his gratitude for her work at the exchange. Nous remercions Stéphanie pour…
Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows. While Starknet and zkSync only recorded increases of 3% and 6% respectively, the likes of Ethereum, Polygon and Solana saw their counts cut by 23%, 43% and 57% respectively over the same…
Layer-1 blockchain Aptos Network has managed to bring its network back to normal operations after a lengthy five-hour outage that saw transactions on its network “impacted.” According to the Aptoscan network tracker, on-chain transactions on the Move language-based blockchain were halted 11:11pm UTC on Oct. 18 at block 104621314 — down for more than five hours. Aptos seemingly confirmed the…
