Binance releases a broad report on RWA and tokenization projects launch in Colombia and Spain, plus an opinion piece about why Asia is uniquely positioned to take advantage of the realworldassets trend: This week in tokenization JeanheekCD1
: Non-fungible tokens, or NFTs, are associated with pixelated profile pictures that crypto enthusiasts use on their social media accounts. But as an instrument, some tokenized real-world assets are NFTs. That makes recent developments from the U.K. particularly relevant. TheOne of the key implications of the Law Commission's report is the creation of a robust legal infrastructure that bolsters the NFT ecosystem.
"The DASP license, beyond giving Société Générale Forge the authority to act as a custodian for digital assets, provides the bank's blockchain unit with broad permissions. This includes, The French DASP system presents a more intricate setup compared to the registration procedure for cryptocurrency companies, which typically only mandates compliance with the nation's anti-money laundering regulations.": Notable mostly because it is produced by the research department of Binance, the world’s biggest crypto exchange by trading volume.
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