The ‘Eliminate Barriers to Innovation Act’ requires to establish a digital asset working group to ensure collaboration between regulators and the private sector to foster innovation.
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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.
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China Considers Bitcoin and Crypto as ‘Alternative Investment Product’, according to an statement by PBoC Deputy Governor.
The crypto IRA platform adds Cardano (ADA) to its list of available digital assets in iTrustCapital retirement accounts .
United States, April 1, 2021 /AlexaBlockchain/ – Prometheum, a digital asset securities platform, has joined forces with Anchorage Digital Bank, custodian and infrastructure provider, to launch the first public…
Morning Brew has added bitcoin to its markets section, replacing the price of gold.
HIGHLIGHTS Avanti has raised a total of $44 million since its inception.Investors in the firm include a global mix of institutional investors, cryptocurrency companies, and others.Institutional…
The report states that big players who buy and sell bitcoins have considerable market-moving power, and Bitcoin prices could continue to rise as long as asset managers and companies continue to enter the market.
Morgan Stanley becomes the first big U.S. bank to offer its wealth management clients access to bitcoin funds.
Canada, Feb 26, 2021 /AlexaBlockchain/ – CI Global Asset Management has filed and obtained a receipt for a preliminary prospectus for CI Galaxy Ethereum ETF (“ETHX” or the “ETF”). When…
United Arab Emirates, Feb 26, 2021 /AlexaBlockchain/ – Dubai-based FD7 Ventures, a global crypto investment fund with $1 Billion management, has planned to sell off $750 million worth of their…