“It is possible to replace the American dollar with other currencies, both national and regional, and in the future, probably, with some kind of digital assets,” states Alexander Pankin, Deputy Minister of Foreign Affairs of the Russian Federation.
Browsing: Digital Assets
Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
Stay tuned.
Read More
CipherTrace is a key player in the crypto space, and currently serves some of the world’s largest banks, cryptocurrency exchanges and other financial institutions.
“We believe a multitude of investors have been eagerly awaiting the launch of a bitcoin-linked ETF after years of efforts to launch one,” states ProShares CEO Michael L. Sapir.
IBKR will allow RIAs to trade and custody Bitcoin, Ethereum, Litecoin, and Bitcoin Cash via Paxos Trust Company on behalf of clients.
The $1 billion fund will be divided across four key initiatives: Investments, Builder Program, Talent development, and Liquidity Incentives.
StraitsX aims to connect the existing fiat-based financial system to a blockchain-based financial system, through its services and the StraitsX stablecoins.
Crypto Indices or digital assets indices and benchmarks helps investors measure the performance of different crypto assets.
Companies like MicroStrategy will be part of the portfolio which are big advocates of Bitcoin and decentralized economy.
Melaka, earlier known as Malacca, is famous for its unique history and is one of the major tourist destinations in Malaysia.
“Digital assets have the potential to transform every industry by improving efficiency and reducing friction across transactions,” says BofA.