Author: John Smith

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Identity verification is a fundamental part of everyday activities. People need it in banks, workspaces, educational institutions, and healthcare facilities. But the traditional identity verification system is broken due to error-prone mechanisms, long delays, data silos, and non-compliance risks. Summary Traditional identity verification is plagued by errors, delays, and disjointed data systems, leading to rising identity theft and poor user experiences with repetitive KYC checks. By encrypting data off-chain and storing verification hashes on-chain, blockchain-based systems let…

Singapore and Germany’s central bank have agreed on a collaboration involving cross-border digital asset settlements between the two countries. Summary The Monetary Authority of Singapore and Deutsche Bundesbank have signed an MoU to jointly develop cross-border digital asset settlement solutions aimed at making international transactions faster and more cost-effective. Building upon Singapore’s Project Guardian initiative, the partnership seeks to establish universal standards for tokenized assets, payments, and securities to enhance global financial interoperability. According to the press release, Monetary Authority of Singapore  and the Deutsche Bundesbank agree to join forces on cross-border digital asset settlements in hopes of advancing international…

Crypto prices today are showing early signs of stabilization as the prolonged U.S. government shutdown comes to an end. The total crypto market capitalization has fallen 0.6% over the past 24 hours but is edging higher. At press time, Bitcoin… Source link

Canary Capital has taken another step in its crypto exchange-traded fund expansion, filing with the Securities and Exchange Commission for a new product tied to a memecoin. Summary Canary Capital filed to launch the first U.S. spot ETF tracking MOG Coin. Filing coincides with the launch of Canary’s spot XRP ETF on Nasdaq. New Treasury guidelines open path for staking in Solana and Ethereum ETFs. Canary Capital Group LLC has filed an application with the U.S. SEC to launch the Canary MOG ETF, a fund that would track the price of MOG Coin.  The filing, made on Nov. 12, marks…

Dromos Labs, the team behind Aerodrome on Base and Velodrome on Optimism, has announced a new unified exchange called Aero.  Summary Dromos merges Aerodrome and Velodrome into a single DEX called Aero. Unified AERO token replaces AERO and VELO with no new minting or dilution. MetaDEX 03 system aims to boost efficiency and expand across Ethereum and Arc. The platform will bring together both protocols under one system, designed to consolidate liquidity, improve scalability, and expand across multiple Ethereum networks, including Circle’s Arc blockchain. The announcement was made at Dromos Labs’ “New Horizon” event on Nov. 11, where the team…

U.S. Securities and Exchange Commission chair Paul Atkins says the regulator is considering a new framework for classifying digital assets. Summary  Paul Atkins says the regulator is considering a new framework for digital asset classification. The SEC chair says a token taxonomy “anchored in the longstanding Howey investment contract” securities analysis is key. Digital commodities or network tokens, digital collectibles, and digital tools are not securities, but tokenized securities are. While speaking at the Federal Reserve Bank of Philadelphia, Atkins recalled “Project Crypto,” an initiative the agency rolled out earlier in the year as part of the new regulatory shift…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP investors are turning to LeanHash for high daily yields as Ripple’s ecosystem enters a new growth phase. Summary XRP investors flock to LeanHash, earning XRP daily as the project drives a new “crypto SWIFT” era. LeanHash fuels XRP’s next growth phase, offering high daily yields and bank-grade security for global investors. As the XRP ETF nears, LeanHash emerges as the go-to platform for investors seeking stable, green cloud mining income. Amidst market volatility and a price hovering around…

Hedera’s Asset Tokenization Studio has adopted a dual token standard, adding ERC-3643 to help institutions launch compliant, modular digital assets on the blockchain network. Summary Hedera has added the ERC-3643 token implementation framework within its Asset Tokenization Studio. ERC-3643 allows for a global, modular approach suitable for non-U.S. jurisdictions. Meanwhile, ERC-1400 is U.S.-centric and targets equity and bond issuers. The Asset Tokenization Studio is an open-source toolkit that enables institutions and fintechs to leverage asset tokenization. By adding support for ERC-3643 within its platform, Hedera (HBAR) is opening up the ecosystem for regulated asset issuance as tokenization takes root. Hedera…

Solowin and 4Paradigm launch a joint venture at the intersection of AI and blockchain, with a focus on regulatory compliance. Summary Solowin launched a venture with AI firm 4Paradigm, focusing on blockchain compliance The two firms will develop a solution that uses AI tools in blockchain risk management AI tools are increasingly integrated into all levels AI is increasingly becoming integrated with the crypto space. On Wednesday, November 12, Hong Kong-based financial technology firm Solowin partnered with a leading Asian AI company, 4Paradigm. The two firms will develop AI-driven tools that track regulatory compliance and risk management on the blockchain.…

The value of tokenized gold has exploded over the past few months, driven by both adoption and rising macroeconomic risks. Summary Tokenized gold reached an all-time high at $3.6 billion Tether’s XAUT and PAX Gold dominate the tokenized gold market Gold on the blockchain rose 50x in value since 2021 Macroeconomic uncertainty is driving the appeal of tokenized gold With economic uncertainty driving the price of gold higher, the interest in tokenized gold is growing. On Wednesday, November 12, the value of tokenized gold reached an all-time high of $3.6 billion, according to data from Token Terminal. What is more,…