The benefits of tokenization are simple, the process brings operational efficiencies and improved liquidity and accessibility, Bernstein said in a research report on Tuesday. LedesmaLyllah and godbole17 report in First Mover Americas.
, private market funds, securities and real estate. Currency tokenization, via stablecoins and central bank digital currencies, will see application in on-chain deposits and payments, the report said, with about 2% of global money supply to be tokenized over the next five years, which is about $3 trillion, the report added.regulators to relax margin trading restrictions on popular cryptocurrencies such as bitcoin .
Exchanges in the country once offered leverage of up to 25 times principal capital, and trading volumes reached as high as $500 billion annually in 2020 and 2021, according to Bloomberg. In early 2022, however, Japanese regulators limited crypto exchanges to offering leverage of only twice the principal, which led to trading volumes dropping drastically last year.
Bitcoin traded little changed on Tuesday as China's first cut in benchmark lending rates in 10 months failed to lift the mood in traditional markets.the one-year and five-year loan prime rates by 10 basis points to 3.55% and 4.3%, respectively. The one-year rate is a medium-term lending facility for corporate and household loans and the five-year figure is the reference rate for mortgages.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
First Mover Americas: Bitcoin Trades Flat, Altcoins Nurse LossesBitcoin held steady over the weekend, with altcoins continuing to lag behind. Bitcoin traded between $26,200 and $26,300 and ether, starting the weekend around $1,700, remains the same. LedesmaLyllah and godbole17 report in First Mover Americas.
Lire la suite »
First Mover Asia: Bitcoin 'Looks Vulnerable': AnalystThe largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.
Lire la suite »
Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein.BernsteinBuzz estimates that the size of the tokenization opportunity could be as much as $5 trillion over the next five years, led by stablecoins and central bank digital currencies. willcanny99 reports.
Lire la suite »
First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate DecisionsThe largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country.
Lire la suite »
Taylor Swift Brings Out Aaron Dessner for First-Ever 'Seven' Performance in PittsburghTaylor Swift welcomed Aaron Dessner back onstage at The Eras Tour stop in Pittsburgh Saturday for the first-ever performance of 'Seven' off 'Folklore'
Lire la suite »