Artificial Intelligence

Peaq Unveils Tokenized Robo-Farm in Hong Kong

In brief DualMint, peaq, and KanayaAI are building a tokenized vertical robo-farm in Hong Kong. Vertical farming grows food in stacked layers indoors, using less land and water than traditional farms. The project links farm cash flow to NFTs, giving holders returns based on food sales. Peaq, a blockchain network focused on the so-called Machine…

Law and Order

Australia Drafts Law to Tighten Oversight of Digital Asset Platforms

Australia has released draft legislation to regulate digital asset platforms, proposing a framework that extends financial services laws to crypto businesses in an effort to bolster consumer protections and provide clarity for the industry.Assistant Treasurer Daniel Mulino announced the reforms on Wednesday at the Digital Economy Council of Australia’s Global Digital Asset Regulatory Summit. He described…

Business

Ripple’s Stablecoin Debuts on BlackRock-Backed Tokenization Platform

In brief Ripple’s RLUSD stablecoin was integrated in Securitize’s platform. Two tokenized money market funds can now be exchanged for the stablecoin. BlackRock’s BUIDL is worth $2 billion, per RWA.xyz. Ripple’s RLUSD stablecoin has been integrated into Securitize’s platform, allowing users to exchange shares in tokenized money market funds for the dollar-pegged asset.The feature was…

Business

China Presses Brokers to Halt Real-World Asset Tokenization in Hong Kong: Report

In brief Chinese regulators have reportedly given informal guidance to brokers to halt tokenization activity offshore. Hong Kong is pushing ahead with stablecoin licensing and its broader digital asset push. Observers see a temporary cooling period, not a reversal of institutional demand. China’s securities regulator has reportedly instructed some brokerages to pause their real-world asset…