Patrick McHenry (NC-10), Chairman of the House Financial Services Committee, and Glenn “GT” Thompson (PA-15), Chairman of the House Committee on Agriculture, released a discussion draft of legislation providing a statutory framework for digital asset regulation intended to provide clarity, fill regulatory gaps, and foster innovation, while providing adequate consumer protections. “This discussion draft is the first […]
Defactor Labs, a trailblazing DeFi lending platform for small and medium-sized enterprises (SMEs), proudly announces the launch of tokenizing $100 million worth of Alpha Bonds, using the ERC3643 token standard to enforce compliance on the Polygon Network, to lend capital to SMEs using real-world assets (e.g., receivables) as collateral. SMEs are often subject to the […]
Prometheum Ember Capital LLC, a subsidiary of parent company, Prometheum Inc., announced it has received a first-of-its-kind approval from the Financial Industry Regulatory Authority (“FINRA”) to operate as a special purpose broker-dealer (“SPBD”) for digital asset securities. This approval permits Prometheum Capital to custody digital asset securities on behalf of retail and institutional clients. With […]
