Crypto Is ‘The Future,’ House Financial Services Oversight Subcommittee Chair Says

Congressman Bill Huizenga (R-MI) said digital assets are “the future” while discussing potential crypto policy during a key House Financial Services Committee hearing on Wednesday. HFSC Holds Critical Crypto Hearing Amid Policy Talks Titled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework,” the June 4 hearing widely focused on…

South Korean Parliament ‘Poised to Approve Tokenized Securities Bill’

The South Korean parliament could soon approve a draft tokenized securities bill, finally giving domestic firms the right to launch blockchain technology-powered coins tied to real estate, raw materials, livestock, and copyrighted works. According to the South Korean news agency Yonhap, two bills that propose institutionalizing tokenized securities are pending before the National Assembly’s Political…