Markets
Referral & Affiliate
Rewards
Products
Support Center
News
Research
Download
English
FameEX Morning Crypto News Recap | November 27, 2023
2023-11-27 12:19:02
BIS General Manager Agustin Carstens Emphasizes Tokenization's Role in the Future Financial System
Agustin Carstens, the general manager of the Bank for International Settlements (BIS), emphasized the importance of tokenization in modernizing the fragmented financial system. Carstens argued that tokenization is essential for creating a more interconnected and programmable financial system, facilitating seamless transactions of various central bank digital currencies (CBDCs).
Wallet of Satoshi Withdraws from US Market After Record Month, Prompting Customers to Explore Alternatives
Wallet of Satoshi, a Lightning Network payment services provider, has exited the U.S. market without citing specific reasons. The company has informed its U.S. customers that they have the option to withdraw and transfer their funds to an alternative wallet following this decision.
Common Crypto Complaints Shared by US State Regulator The California Department of Financial Protection and Innovation has highlighted the most common complaints concerning cryptocurrency. With a noted increase in crypto-related complaints, the regulator issued a cautionary reminder to exercise caution in sharing personal information online, as scammers can exploit details posted on social media and dating platforms to target individuals. California Governor Advocates Statewide Generative AI Training Initiative California Governor Gavin Newsom has emphasized the need for individuals to acquire new skills and familiarize themselves with generative artificial intelligence (GenAI) to stay ahead of technological advancements. A report suggests that Californians should have access to educational and training programs related to GenAI. UK Regulator Recommends Tokenization of Funds by Asset Managers The UK's financial regulator has endorsed a blueprint model to enable asset management firms to tokenize funds. Investment managers in the UK are receiving regulatory support to utilize blockchain technology for fund tokenization, departing from traditional record-keeping systems. This move aligns with the regulator's aim to modernize and enhance the efficiency of asset management processes. Interactive Brokers Hong Kong Receives Retail Virtual Asset Trading License in Hong Kong Interactive Brokers Hong Kong has obtained a license for retail virtual asset trading in Hong Kong, as noted by David Friedland, Managing Director for Asia Pacific at Interactive Brokers, in a LinkedIn post. This development coincides with the growth of the cryptocurrency industry in Hong Kong, making it a hub for crypto-related activities and attracting companies seeking local licensing. Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.
