Tokenizing Assets News Today

Cryptogix leveraged social media to offer investments to the public while claiming to provide 100% returns in as little as 90 days, according to the Philippines’ securities regulator.

Said to be an attempt to put the missing puzzle on Mercado Bitcoin's alleged regulatory breach, Brazil mandates the local exchange firm to give details on issued tokens, including accumulated sales.

In a last-ditch effort to restore democracy, Myanmar's ousted government seeks the help of the U.S. to use frozen funds as digital assets, while the ruling junta shows no signs of giving up power.

A regulatory framework that was approved by lawmakers in April and currently on the desk of the Office of President gives the Brazilian securities regulator a small role in the digital currency industry.

After a years-long deliberation, former Bithumb chairman Lee Jeong-hoon won his lawsuit in Singapore against BK Medical Group chief Kim Byung-kun, who is now mandated to return proceeds from BXA sales.

Through the new digital asset feature, customers can now directly purchase and sell Bitcoin from the bank's app without needing third-party digital currency wallets.

Santander Brazil is also considering offering tokenization services to issue traditional market assets as blockchain-based tokens.

The Financial Services Agency has raised the alarm over the slow pace at which the digital assets self-regulatory body is carrying out its affairs, according to a source close to the JVCEA.

In addition to tokenization services, the tokenization platform will introduce digital assets custody services and token-as-a-service (TaaS) offerings.

The Financial Services Commission in South Korea has issued a decree that bars staff members of any digital currency exchange from trading their own tokens.