• Saturday, December 16 - Top Crypto News

  • Dec 16 2023
  • Length: 4 mins
  • Podcast

Saturday, December 16 - Top Crypto News

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  • Summary

  • The Ethereum community has embraced a new standard, ERC-3643, for asset tokenization, signaling a significant shift towards integrating real-world assets into the blockchain. Meanwhile, Solana's Saga crypto phone sees a sales surge, driven by the rising value of its associated memecoin, Bonk (BONK), presenting an unusual arbitrage opportunity. In regulatory news, Brazil has introduced a law to tax crypto assets held by its citizens abroad, marking a move towards stricter financial oversight in the crypto space. On the financial product front, First Trust is pioneering with its filing for a Bitcoin Buffer ETF, aiming to offer investors a hedged approach to Bitcoin investment. Lastly, Ripple's new white paper advocates for the potential of central bank digital currencies (CBDCs) to enhance financial inclusion and streamline cross-border transactions.
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