A16z Crypto Urges UK to Avoid US-Style Crypto Regulation
A16z Crypto has written a letter to the UK Treasury, warning against adopting a “one-size-fits-all” approach to crypto regulation based on the Howey Test. A16z Crypto: The United Kingdom Must Take a Nuanced Approach to Crypto Policy The United States needs to catch up in digital asset policy. Industry players hope the United Kingdom will […]
Bitcoin Cash Upgrade Brings Cashtokens and Onchain Smart Contracts
The upcoming Bitcoin Cash network upgrade on May 15 will introduce Cashtokens. This new feature allows users to create and use tokens on the BCH blockchain with advanced functionality and scalability. Bitcoin Cash Upgrade Brings Cashtokens, and Onchain Smart Contracts The upcoming Bitcoin Cash network upgrade on May 15 will introduce Cashtokens. This new feature […]
Adidas’s Confirmed App Adds Web3 for NFT Drops
Adidas partners with Tokenproof to offer NFT holders preferred access to select products on its Confirmed app, where the company releases its most sought-after items. Adidas’ web3 journey The partnership marks Adidas’ latest move into the web3 space, following its collaboration with Bored Ape Yacht Club, Gmoney, and Punks Comic. Adidas’ new web3 project, Into […]
Pepe Coin Soars, Ranks Third Among Meme Coins
Pepe, an Ethereum-based token inspired by a popular internet meme, has surged 92% in 24 hours to become the third-largest meme coin by market cap. Pepe launched on April 17 and has since increased by more than 1,800% from its local bottom, making some investors millionaires. The Meme Coin is designed in tribute to Pepe […]
Nigeria’s SEC to Allow Tokenized Equity and Property on Trial Basis
Nigeria’s SEC is considering allowing tokenized coin offerings backed by equity, debt, or property but “not crypto” on licensed digital asset exchanges. On regulated platforms, the Nigerian securities regulator is considering allowing digital asset offers backed by tangible assets but not cryptocurrencies. Bloomberg reports that Nigeria’s Securities and Exchange Commission (SEC) is considering allowing tokenized […]