Business

Colorado church eyes tokenization to raise funds for $2.5 million chapel
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22 August, 2024

Colorado church eyes tokenization to raise funds for $2.5 million chapel

To achieve the task of tokenization, the Colorado House of Prayer launched its digital asset called "Stone Coin" on Polymesh's...
Dubai court recognizes employees’ right to receive salary in digital assets
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22 August, 2024

Dubai court recognizes employees’ right to receive salary in digital assets

The Dubai Court held that employees are entitled to receive compensation in both fiat and digital currencies subject to the...
China supreme court adds ‘virtual assets’ to anti-money laundering law
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21 August, 2024

China supreme court adds ‘virtual assets’ to anti-money laundering law

China's Supreme People's Court and the Supreme People's Procuratorate announced that under the new interpretation of the law, "virtual asset"...
Zumo joins the Abu Dhabi Sustainable Finance Declaration
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21 August, 2024

Zumo joins the Abu Dhabi Sustainable Finance Declaration

Zumo has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing the platform's commitment to a greener financial services industry as...
Tokenized shares in trading cards? CardShares and SmartLedger build platform with wide-ranging potential
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21 August, 2024

Tokenized shares in trading cards? CardShares and SmartLedger build platform with wide-ranging potential

CardShares has developed a blockchain-based market that can fractionalize ownership of rare cards, allowing investors to acquire 20% shares in...
Tokenized deposits gaining traction in India, central bank says
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21 August, 2024

Tokenized deposits gaining traction in India, central bank says

Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
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