#equity
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Coinbase & Circle Usher in New USDC Era
Coinbase and Circle, five years after jointly launching USDC, are evolving their partnership. Coinbase is acquiring an equity stake in Circle, emphasizing their shared vision for the financial future. To further its reach, USDC will launch on six new blockchains between September and October, expanding its multi-chain presence to 15. With clearer global stablecoin regulations, Circle will assume all governance, including smart contract management. The Centre Consortium, initially governing USDC, will dissolve. 
Securitize Brings Tokenization to European Equity Market
Securitize, a digital asset trading platform, has started tokenizing equity in Spanish real estate investment trust, Mancipi Partners. The tokens will trade on the Avalanche blockchain from September.
This marks the first tokenized equity issuance under the European Union’s pilot scheme for distributed ledger technology, supervised by the European Securities Market Authority. Securitize will also undergo a six-month supervision period by Spain’s National Securities Market Commission (CNMV).
Securitize's CEO, Carlos Domingo, believes the move will significantly benefit European businesses, providing new avenues for capital raises and potential tax benefits. What else can the European Parliament give the cryptocurrency bes
Yes, they tighten the requirements and the nuts again. As of right now, European banks are required to view cryptocurrencies as the riskiest asset class.
Today, the relevant EU parliamentary committee approved such an initiative.
As a result, banks will actually need to hold EUR 1 in equity for every EUR they hold in cryptocurrencies.
The MEPs explained that similar capital requirements will help prevent the crypto world's insecurity from spreading to the financial system.
However, it was offensive. Which of the worlds is more unstable needs to be determined, though. But our arbiter is time. It will reveal everything. 1 - 5 of 5 results