Finance
United States senators reintroduce PROOF Act
The PROOF Act aims to prevent digital asset custodians from co-mingling customer assets with company funds and strengthen reserve transparency...
Last Week in Crypto: Lending sinks, Ethereum losing ground
The downfall of major crypto players since 2022 continues to impact today's lending market; meanwhile, Ethereum struggles to stay afloat...
Tokenization to hit $18.9 trillion by 2033: report
The report by BCG says that in an optimistic scenario, tokenization could hit $23.4T by 2033, with real estate, funds...
42% of users prefer digital wallets for cross-border transfers: study
PYMNTS and TerraPay surveyed 2,600 individuals, and 42% of respondents said digital wallets are their go-to choice for cross-border payments.
SEC hints at future regulatory framework under new guidance
The SEC clarifies that the new guidance has no legal effect and only intends to clarify digital asset offerings under...
VASPs top Q1 funding in SEA amid dip in startup investment
Elsewhere, digital salary payments continue to struggle in Japan, accounting for a mere 3% despite the gov’t making it one...
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