Aptos Labs CEO Mo Shaikh appointed to CFTC’s digital assets subcommittee

The Commodities Futures Trading Commission (CFTC) has appointed Mo Shaikh, co-founder and CEO of Aptos Labs, to its Digital Assets Subcommittee. This subcommittee is part of the Global Markets Advisory Committee (GMAC), which was established in 1998 and includes top financial executives from firms such as Citadel, Goldman Sachs, and HSBC. The GMAC and its…

Read More

USDV, a stablecoin pegged to tokenized US treasuries launched by Verified USD Foundation

The launch of Verified USD (USDV) has been announced by the Verified USD Foundation. USDV is a stablecoin driven by the community and fully supported by the unparalleled on-chain transparency and stability of a basket of tokenized US Treasury Bills (T-bills). As a native omnichain stablecoin compatible with the ERC-20 standard, each USDV is tied…

Read More

BlackRock registers for iShares Ethereum Trust in Delaware, market reacts positively

Continuing its foray into digital asset services, BlackRock, a $9 trillion asset management giant, has officially registered an Ethereum Trust in Delaware. The firm, renowned as one of the world’s largest asset management entities, had earlier made headlines by filing for a Bitcoin ETF with the SEC. The subsequent registration of BlackRock’s iShare Bitcoin Trust…

Read More