Regulatory Clarity Will Spark Widespread Tokenization, Says Digivault CEO

Speaking to Cointelegraph, the CEO of security token custodian Digivault predicted that regulatory clarity will light the fuse for the tokenization revolution. With tokenization offering significant efficiency savings and global liquidity pools to existing regulated asset classes, security tokens appear poised for rapid adoption within the mainstream business community. To discuss the shifting regulatory climate […]

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Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. China Zhe­shang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the Na­tional As­so­ci­a­tion of Fi­nan­cial Mar­ket In­sti­tu­tional In­vestors’s (NAFMII) pilot project for ABCPs. An […]

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