Digital Asset

Stablecoins are digital assets designed to maintain a steady value by pegging to fiat currencies like the U.S. dollar. Reserve requirements dictate the assets issuers must hold to back each stablecoin in circulation.

Tennessee county commissioners unanimously voted to ban crypto mining facilities and data centers in unincorporated areas amid a lawsuit from a digital asset company.

Canton Network developer Digital Asset has raised an additional $10 million from Shinhan Financial Group and SC Ventures, maintaining its $2 billion equity valuation.

The Clarity Act is intended to equip law enforcement with tools for decentralized finance. A U.S. digital asset company discovered $200 million in stablecoins heading to North Korea but avoided freezing the transaction due to legal risks under current laws.

The US Senate passed a housing supply bill that includes a ban on the issuance of a CBDC or similar digital assets until 2030. The bill was approved in an 85-5 vote.

Digital Asset, the creator of Canton Network, secured $355 million in a funding round led by Andreessen Horowitz, with additional backing from Wall Street Giants and a Sovereign Wealth Fund.

Digital Asset raised $355 million in a funding round led by a16z at a $2 billion valuation. The funding is part of a Wall Street-backed initiative as banks conduct pilots on its Canton Network blockchain.

Bitwise has completed the takeover of Superstate's $259M crypto carry fund. The transition grants Bitwise control of a tokenized fund combining crypto carry trades with Treasury and digital asset exposure.

Canton Network's Digital Asset is targeting a $2 billion valuation through a crypto-led raise led by 16z. The raise is expected to be significant and may impact the company's future growth. Canton Network's ambitious goal may lead to increased investment in the crypto space.

Digital Asset is raising $300 million at a $2 billion valuation, led by a16z crypto, with the Canton Network attracting partners like Visa and Goldman Sachs. This fundraise would be Digital Asset's largest to date. The investment round values the company at $2 billion.

The article discusses the legal risks and practical considerations of digital asset blacklisting, highlighting key facts about the process and its implications. Digital asset blacklisting can have significant consequences, including financial losses and reputational damage. Understanding these risks is crucial for individuals and organizations involved in digital assets.

Digital Asset CEO Yuval Rooz claims the Canton Network's guardrails make it immune to North Korean-linked hacking attempts. The platform's design allows participants to implement security measures that neutralize such threats.

SBI Holdings is considering acquiring a stake in crypto exchange Bitbank to establish a digital asset powerhouse, signaling a strategic move into the cryptocurrency market. The partnership aims to strengthen SBI's position in the growing digital finance sector.

Tesla, Inc. reported unchanged Bitcoin holdings and recorded a $173 million loss from digital assets in its financial report. The loss highlights the impact of Bitcoin's price volatility on the company's balance sheet.

Matter Labs' Alex Gluchowski disputes Canton's blockchain classification, while Digital Asset co-founders argue public and private chains are similarly structured. The debate centers on how blockchain networks enforce rules and governance.

Japan's Japanese Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network with Mizuho, Nomura, and Digital Asset. The initiative aims to explore blockchain-based financial infrastructure.