BTC $81,788.64 -1.70%
ETH $2,477.55 -3.49%
BNB $734.83 -4.52%
XRP $1.38 -2.77%
SOL $110.48 -4.44%
TRX $0.3328 -0.70%
DOGE $0.0844 -4.71%
ADA $0.2344 -7.63%
BCH $283.08 -5.28%
LINK $12.74 -4.10%
HYPE $84.45 -3.68%
AAVE $167.45 -2.83%
SUI $1.05 -5.97%
XLM $0.1923 -3.37%
ZEC $1,185.25 -9.77%
AAPL $340.64 +1.17%
AMZN $254.96 -1.96%
GOOGL $349.30 -0.29%
MSFT $523.29 -1.26%
META $721.52 -0.20%
NVDA $231.57 -2.60%
TSLA $375.17 -0.67%
SNDK $1,617.80 -4.74%
INTC $107.60 -4.91%
SPCX $165.15 -1.81%
MU $1,040.65 -4.31%
AMD $622.11 -3.77%
BTC $81,788.64 -1.70%
ETH $2,477.55 -3.49%
BNB $734.83 -4.52%
XRP $1.38 -2.77%
SOL $110.48 -4.44%
TRX $0.3328 -0.70%
DOGE $0.0844 -4.71%
ADA $0.2344 -7.63%
BCH $283.08 -5.28%
LINK $12.74 -4.10%
HYPE $84.45 -3.68%
AAVE $167.45 -2.83%
SUI $1.05 -5.97%
XLM $0.1923 -3.37%
ZEC $1,185.25 -9.77%
AAPL $340.64 +1.17%
AMZN $254.96 -1.96%
GOOGL $349.30 -0.29%
MSFT $523.29 -1.26%
META $721.52 -0.20%
NVDA $231.57 -2.60%
TSLA $375.17 -0.67%
SNDK $1,617.80 -4.74%
INTC $107.60 -4.91%
SPCX $165.15 -1.81%
MU $1,040.65 -4.31%
AMD $622.11 -3.77%

ton

TON (The Open Network) is a completely decentralized Layer 1 blockchain designed by Telegram. It is known for its ultra-fast transaction speeds, low fees, user-friendly applications, and environmental friendliness.
All
Article
Flash

first_img Canton CEO: The cryptocurrency industry needs to solidify adoption before 2028 to withstand shifts in U.S. policy

Digital Asset co-founder and CEO Yuval Rooz stated at the Token2049 conference in Singapore that the crypto industry should leverage the current regulatory environment to accelerate institutional adoption, believing that the widespread use of blockchain will make it harder for future governments to reverse industry progress. He compared this opportunity to Uber and Airbnb, stating that both companies had established themselves before policymakers effectively restricted them, saying, "By the time people react and decide to legislate against these companies, it will be too late."Rooz indicated that the industry should ensure blockchain is widely used so that no matter what happens in 2028, "there is no turning back." The next U.S. presidential election is scheduled for November 7, 2028, which may bring changes in government and regulatory priorities. This statement comes in the context of the CLARITY Act failing to advance in the Senate procedural vote in September, while the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have been advancing crypto regulation based on existing authority.In the same Token2049 panel discussion, Binance co-CEO Richard Teng expressed hope that the CLARITY Act could still become law, believing that legislation could prevent regulatory backtracking and encourage institutional entry, calling the possibility of reversing current progress the industry's "greatest fear." Franklin Templeton CEO Jenny Johnson stated that legislation would provide greater certainty, but the industry should not rely on the passage of the CLARITY Act, as the SEC and CFTC are already working to provide regulatory clarity to sustain innovation and institutional adoption.

first_img Franklin Templeton expands tokenized collateral services to Bybit

According to CoinDesk, Franklin Templeton has expanded its "Over-the-Counter Collateral Program" to Bybit, allowing users of the exchange to use their tokenized money market fund shares for cryptocurrency trading. Users can use the shares as collateral to borrow stablecoins USDT or USDC, while the underlying assets continue to generate returns. The relevant shares represent approximately $686 million in net assets.The underlying assets will not be transferred to Bybit but will be held off-chain by the regulated custody platform ByCustody, with their value mirrored in the Bybit trading environment, thereby generating returns while releasing trading liquidity. The shares are issued through the Benji technology platform, which is Franklin Templeton's proprietary blockchain-integrated record-keeping and transfer agency infrastructure, currently paying an annualized return of 3.7% based on the latest 7-day interest rate.This is not Franklin Templeton's first foray into over-the-counter collateral partnerships, as it has previously offered tokenized money market funds to Binance and OKX clients. Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton, stated that investors can now use collateral more efficiently across major exchanges and earn returns from it, which is crucial for ecosystem growth. This expansion also reflects industry trends, with platforms like Crypto.com and Deribit allowing qualified users to use BlackRock's BUIDL fund as trading collateral.
app_icon
ChainCatcher Building the Web3 world with innovations.