πΊπΈ In a new report, the U.S. Department of the Treasury expressed concern about potential risks associated with NFTs, including fraud, wash trading, and money laundering.
The Treasury called on regulators to develop specific rules for NFTs to mitigate these risks and protect investors.
#NFT
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The Treasury called on regulators to develop specific rules for NFTs to mitigate these risks and protect investors.
#NFT
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The price of the token is now ~ $0.012
A week ago it was ~ $0.005$
And to make this post useful, here is a selection of popular sites for token analysis:
#NOT
#useful
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#PEPE
#meme
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Pepe down 17% from its peak: whales are dumping πΆ
A whale sold Pepe for $9.52 million with a profit of $4.95 million, which was bought a month ago.
Major players are cashing out because the BTC consolidation has dragged on, and there's no certainty regarding ETH.
They might sell more... For meme tokens, a phase of being tested by a boring market has begun, questioning whether they can stay in trendπ
#PEPE
#meme
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A whale sold Pepe for $9.52 million with a profit of $4.95 million, which was bought a month ago.
Major players are cashing out because the BTC consolidation has dragged on, and there's no certainty regarding ETH.
They might sell more... For meme tokens, a phase of being tested by a boring market has begun, questioning whether they can stay in trend
#PEPE
#meme
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The mission of Oasis Labs is to empower organizations to unlock the potential of their data without compromising privacy."
#OasisLabs
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Followed by
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More actively, guys, we need your reactionsπ βοΈ βοΈ βοΈ
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A sharp increase in whales with a balance of 10,000 ETH, what are they waiting for? π
And 2 more whales bought Pepe drawdown for $7.5 millionπΈ
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And 2 more whales bought Pepe drawdown for $7.5 million
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Franklin Templeton's Jenny Johnson on Bitcoin ETFs, RWA Tokenization, and Blockchain's Potential for TradFi
π± AUSTIN, TX β Franklin Templeton, the $1.6 trillion asset manager based in Silicon Valley, is leading the charge among traditional finance giants entering the digital asset arena.
said Jenny Johnson, president and CEO of Franklin Templeton, during a panel discussion at Consensus 2024 in Austin.
π The company operates around 30 validator nodes on 12 different blockchains, including Ethereum (ETH), Cardano (ADA), Stellar (XLM), and Provenance. Johnson highlighted the importance of blockchain's efficiency in recording and reconciling transactions, which can lead to significant cost savings.
π§© RWA Tokenization
Johnson explained that a major advantage of blockchain technology is its ability to offer a single
"source of truth," improving transaction accuracy and reducing administrative workload. This efficiency is crucial as the firm faces constant pressure to lower costs.
π Bitcoin ETFs
Franklin Templeton is one of the 11 issuers approved to list spot-based bitcoin exchange-traded funds (ETFs) in the U.S. in January and is also seeking approval for a similar vehicle for ether.
said Johnson.
#FranklinTempleton #BitcoinETF #RWA #Tokenization #DigitalAssets
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"We have looked at blockchain tech [and found] this is going to be transformational and we better make sure we understand it,"
said Jenny Johnson, president and CEO of Franklin Templeton, during a panel discussion at Consensus 2024 in Austin.
Johnson explained that a major advantage of blockchain technology is its ability to offer a single
"source of truth," improving transaction accuracy and reducing administrative workload. This efficiency is crucial as the firm faces constant pressure to lower costs.
Franklin Templeton is one of the 11 issuers approved to list spot-based bitcoin exchange-traded funds (ETFs) in the U.S. in January and is also seeking approval for a similar vehicle for ether.
"Many people are attracted to bitcoin (BTC) as an asset outside of the banking system that's resistant to government seizure, but ETFs offer a well-understood vehicle to get exposure,"
said Johnson.
"An ETF is a regulated entity, which makes a lot of people more comfortable who wouldn't have transacted in this space otherwise."
#FranklinTempleton #BitcoinETF #RWA #Tokenization #DigitalAssets
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