CRYPTO

CRYPTO

Chinese Bank Tokenizes $600M in Yuan-Backed Government Bonds

Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by removing intermediaries from the auction process.According to Sina, the onchain government...

CRYPTO

Polymarket Wins US Regulatory Approval

Today in crypto: Polymarket received approval to operate an intermediated trading platform in the United States. The United Arab Emirates introduced a new financial law bringing crypto under regulatory oversight, and crypto projects saw their second-best quarter of venture capital...

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