The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools for trading public securities, and even automating automobile transactions. Central […]
Brazilian Securities Regulator Greenlights Second Solana Spot ETF
The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly a billion in assets under management held locally, in partnership […]
July NFT Sales Plummet for Second Consecutive Month
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $ 429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July marked the second …
US Senator Discusses Crypto Policies Under Potential Second Trump Administration
U.S. Senator Bill Hagerty discusses key issues including cryptocurrency’s future under a potential second Trump administration, highlighting former President Donald Trump’s pro-crypto stance and criticism of Democratic policies. Hagerty advocates for a supportive ecosystem to foster innovation and decentralized control of digital assets, contrasting with what he describes as the Democrats’ overly centralized approach. ‘We […]
Asset Manager Digitalx Set to Launch Second Bitcoin ETF on Australia’s Main Stock Market
On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s Second Bitcoin ETF Digitalx, a digital […]