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Daily Financial Regulation Update -- Friday April 12, 2024 | Paul Hastings LLP

April 11, 2024- U.S. House Financial Services Committee Chairman Patrick McHenry (R-NC) and U.S. Representative Brittany Pettersen (D-CO) introduced the bipartisan Ransomware an.

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DLT s Role in Finance May Scale With Tokenized Loans

Banks are banking more on blockchain to help tokenize assets, including bonds and funds, and digital transformations of the financial services may be in sight.

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Crypto Firms Announce New Initiatives; IOSCO, FSB, BIS Publish Digital Asset Reports; OFAC, SEC, DOJ Bring Crypto Actions; Hackers Steal $97M and $50M | BakerHostetler

Crypto Firms Announce Initiatives in Payments, Mining, DAOs and More - Recent reports provided details on new developments across the cryptocurrency market.

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Crypto Firms Partner On Stablecoin Initiatives; Tokenization Discussion Paper Published; Hackers Steal $200M From Cross-Chain Network, $8M From Exchange | BakerHostetler

EURC Stablecoin Launches on Stellar; Singapore Exchange Integrates PYUSD - In a recent press release, the issuer of USDC and the Stellar Development Foundation (SDF).

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Federal Reserve Releases Paper on Benefits of Tokenization of Real-World Assets

The Federal Reserve has published a paper exploring the benefits and use cases of tokenizing real-world assets (RWA) on blockchains. In a paper titled…

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