A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize shares of BlackRock’s ICS Treasury Fund on Hedera.
SEC actions have made developers fearful that their code may end in prosecution. Are smart contracts with immutable code the way to protect themselves?
The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited.
Kinto co-founder Victor Sanchez says real-world asset tokenization could be the future of finance and explains why BlackRock has decided to get in on the action.
USDT-issuer Tether says it will block payments made to OFAC-sanctioned entities after sources claim Venezuela’s state-run oil company is using USDT to facilitate oil exports.