“Instead of attacking industries of the future, we will embrace them, including making America the world capital for crypto.” – Former President Donald Trump

Venture capital dominance in the crypto market is contributing to the underperformance of altcoins, with experts pointing to oversupply and liquidity issues.

TL;DR Visa launches Tokenized Asset Platform (VTAP) to issue fiat-backed tokens. BBVA will carry out a pilot on Ethereum with VTAP in 2025. VTAP will facilitate interoperability between blockchains and automation with smart contracts.

Visa launched the Visa Tokenized Asset Platform, allowing banks to issue fiat-backed tokens on blockchain networks using smart contract technology.

Taiwan's Financial Supervisory Commission (FSC) has announced new anti-money laundering (AML) regulations targeting virtual asset service providers (VASPs).

Visa has announced a new platform to help banks issue and manage fiat-backed tokens on blockchain networks, with BBVA set to pilot the platform by 2025.

Visa has introduced a new product aimed at revolutionizing the way banks engage with blockchain technology. The Visa Tokenized Asset Platform (VTAP) will allow financial institutions to issue fiat-backed tokens on blockchain networks. The platform is designed to help banks seamlessly bridge traditional fiat currencies with emerging blockchain-based assets.

The global financial messaging giant, SWIFT, is preparing for live trials of digital asset transactions in 2025. This is a significant step toward integrating blockchain technology into mainstream banking. This will offer real-time transactions for assets like bonds and digital currencies.

The Alabama Money Transmitter License marks a major milestone in Transak's US growth as it works toward full state-level coverage.

Dogizen, the viral Telegram game that's amassed 1 million users on Telegram, launches its presale this Friday—the first-ever Telegram ICO. The presale meets huge anticipation based on the success of other Telegram gaming tokens like Catizen's CATI and Hamster Kombat's HMSTR, as well as newcomer DOGS, which recently broke records with its own Telegram airdrop.

Swift has announced a major step toward integrating digital assets with traditional financial systems, as stated in its press release issued on 3 October 2024.

SWIFT, the global banking messaging network, announced plans to trial live transactions of tokenized assets and digital currencies in 2025. This move marks a significant step towards integrating digital currencies and assets into the broader financial system, which has been slow to adopt these emerging technologies despite growing interest from banks and asset managers.

Firms could also face fines of up to $155,000 (NT $5 million) for failing to complete their registrations in time.

Cryptocurrency adoption in online casino platforms is a transformative development that benefits both players and operators.

The broader crypto market saw a sharp downturn in early October, with AI and big data tokens losing $4.7 billion in market cap within three days.

Visa announced its tokenized asset platform for issuing and managing digital assets, which includes stablecoins and CBDCs, to meet growing demand in the blockchain space.

Telegram has been experiencing massive outages in several countries since around 10:30 am UTC on Oct. 3.

The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.

SWIFT, the global bank messaging network, announced that banks across North America, Europe, and Asia will begin live trials of digital assets and currency transactions over its network starting next year, according to an Oct. 3 statement.

In the third quarter of 2024, cryptocurrency investors faced significant losses, with over $750 million stolen through phishing attacks and private key leaks, according to a report from blockchain analytics firm CertiK. In Q3, malicious actors stole a total of $753.1 million across 155 security incidents, marking a 9.

Swift's 2025 pilot could revolutionize global finance by integrating digital currencies with traditional systems, enhancing transaction efficiency. The post Swift to pilot digital currency transactions in 2025 appeared first on Crypto Briefing.

SWIFT is set to begin live digital asset transaction trials with banks next year, aiming to enhance platform interoperability and prevent fragmented “digital islands” in the blockchain space.

A recent study has found that despite the long-held belief that crypto assets facilitate criminal activity, perpetrators still overwhelmingly prefer cash for their illicit transactions.

A Binance report flags the dangers of inflated valuations and centralization of token ownership, warning of potential destabilization if unchecked.

In recent crypto news, NuFi has integrated the Cardano Wallet Snap into the MetaMask Snap Directory, allowing users to connect to the Cardano blockchain directly through MetaMask.

The cryptocurrency world just faced a shock. Over three days, AI and big data-related tokens saw their market cap shrink by $4.69 billion. What was once worth $38.82 billion on September 30 dropped to $34.13 billion by October 3. This sharp decline has raised concerns, especially since investors were expecting a positive “UPtober.

Amid the global market crash, even the decentralized crypto world faces significant heat. The total crypto market has dropped from $2.26T to a 24-hour low of $2.037T in the last four days. Excluding Bitcoin and Ethereum, the altcoin market witnesses a nearly 10% drop in market cap from $637B to $579B in four days.

The Taiwanese FSC has released new Anti-Money Laundering laws that will completely replace its current regulations and require the full compliance of VASPs.

The Cryptocurrency Open Patent Alliance has partnered with Unified Patents to launch Blockchain Zone, an initiative aimed at combating patent trolls in the crypto industry. The partnership seeks to protect blockchain and related technologies from unwarranted patent assertions by non-practising entities.

SWIFT will trial live transactions of tokenized assets and digital currencies in 2025, aiming to integrate blockchain-based tokens into the broader financial system.

A new study has revealed that almost half of U.S. voters are in favor of pro-crypto policies, showing a growing willingness to cross party lines for candidates supporting cryptocurrency. The survey, conducted by HarrisX and Consensys indicates that 85% of those polled want presidential candidates to adopt a pro-crypto stance, highlighting the importance of crypto in the political arena.

As the United States electorate is nearing a crucial presidential election, what is bothering Democrats is their inability to craft a sensible policy on one of the sensitive topics emerging in the US election campaign: the revamping of the country's cryptocurrency policy.

Telecommunications giant AT&T is facing renewed legal challenges in a case linked to a SIM swap hack. A federal appeals court revived a lawsuit where a customer lost over $24 million in crypto after the company allegedly let hackers gain control of a phone number linked to their crypto accounts.

Here's a look at how the adoption of tokenized collateral could impact financial markets.

Taiwan's Financial Supervisory Commission has drafted new anti-money laundering regulations for virtual asset service providers, which will soon require compliance or lead to penalties.

Despite widespread misconceptions, cash remains the dominant tool for illicit finance, while blockchain offers greater transparency and traceability, a new study reveals.

A period in prison can be the lowest point of a person's life. It can bring numerous hardships – those concerning one's financial aspirations would be the worst. No argument there, for there is no reason for a period of remorsefulness to be better than what it is now.

A total of 105,849 traders were liquidated in the past 24 hours.

Lamborghini and Animoca Brands' division Motorverse are working together on a Web3 racing game in a joint resolve to shape the future of immersive brand engagement within the automotive industry.

The wild and exciting world of crypto is known for its heightened volatility. However, for a trader to make successful and profitable trades, this high intrinsic volatility must be leveraged in a timely fashion.

Michael Terpin, the cryptocurrency investor, has resumed his case against the telecommunication company AT&T in court for allegedly neglecting his data allegiance after losing $24 million worth of cryptocurrency to SIM swap hackers in 2018.

It marks the first time Swift will move beyond experimenting with blockchain transactions in testing environments to real-world settlement.

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.

With Bitcoin bulls fighting hard to keep the $BTC price above the $60,000 horizontal level, and the rest of the cryptocurrencies foundering, The memecoins, probably the furthest out on the risk curve, are being hit even harder. $PEPE, $WIF, and $BONK, are feeling the pain.

A Consensys and Harrisx study found that nearly half of U.S. voters support pro-crypto policies and are willing to cross party lines for pro-crypto candidates. The study revealed that 85% of respondents want presidential candidates to take a pro-crypto position, indicating significant voter interest in the issue.

Ava Protocol's automation tools make it easy to create smart contracts on Soneium, offering no-code solutions to help developers save time and cut costs.

Revolutionizing DeFi with Gamified Experiences and Functional Node Deployment