According to Hong Kong media Ming Pao, Diao Jiajun, executive director and head of the regulatory affairs department of OSL Group, revealed in an interview that as the "first brother" of Chinese funds, China Asset Management is now preparing to launch tokenized funds, and is more interested in promoting them to markets other than B2B. Looking forward to the possibility of tokenization in the future, Diao Jiajun said that money funds with low volatility and high liquidity will be the first choice...
Members of both parties in the U.S. Congress recently said that important cryptocurrency legislation is expected to be passed by the end of the year. French Hill, vice chairperson of the House Financial Services Committee, said at DC Fintech Week that FIT21 (the Digital Asset Regulatory Framework Act) and the stablecoin bill are expected to be considered between the November presidential election and the end of the year. Senator Kirsten Gillibrand shared a similar view, emphasizing that with sev...