RWA

RWA (Real World Assets) refers to the tokenization of tangible assets—such as real estate, private credit, and government bonds—on the blockchain. By bringing traditional financial instruments on-chain, RWA protocols like Ondo and Centrifuge provide DeFi users with stable, real-yield opportunities. In 2026, the RWA sector is a multi-trillion-dollar bridge between TradFi and DeFi, enabling fractional ownership and global liquidity for previously illiquid assets. Follow this tag for insights into on-chain credit markets, regulatory compliance, and asset-backed security innovations.

41876 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
SEC approves amendment to convert Grayscale Digital Large Cap Fund into ETF

SEC approves amendment to convert Grayscale Digital Large Cap Fund into ETF

PANews reported on July 2 that according to The block, the U.S. Securities and Exchange Commission (SEC) approved the rule change proposal put forward by the New York Stock Exchange

Author: PANews
Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote

Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote

New York Attorney General Letitia James has raised serious concerns over the recently passed GENIUS Act, warning Congress that the bill, in its current form, could leave investors and the U.S. financial system vulnerable. In a letter sent Monday to congressional leaders, James urged lawmakers to slow down the legislative process and implement stronger guardrails before finalizing any stablecoin regulations. Attorney General Calls GENIUS Act “A Danger to Investors, Economy, and National Security” The U.S. Senate approved the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” last month in a 68-30 vote . It marked the first time the chamber passed a comprehensive bill focused solely on stablecoins. The legislation proposes strict rules for issuers, including full dollar backing and monthly disclosures of reserves. The bill is now headed to the House of Representatives, where lawmakers are preparing for a potential vote in the coming days. Source: NYAG But Attorney General James says the GENIUS Act does not go far enough to protect the public. “Many people across the country invest millions of dollars in cryptocurrencies, yet our laws fail to protect them and their money from fraud,” James said in the letter. “Unregulated cryptocurrency transactions are a danger to investors, the economy, and national security.” James expressed concern that legalizing stablecoin issuance without stronger oversight will open the door to financial abuse. She warned that the current bill lacks key protections and could allow stablecoin issuers to operate with less accountability than banks. Her letter calls on Congress to treat stablecoin issuers like traditional banks. That would include stronger regulatory supervision, capital requirements, and FDIC-backed insurance on stablecoin deposits. She also recommended digital identity verification for stablecoin users to reduce fraud, prevent money laundering, and limit the ability of bad actors to hide behind anonymity. James warned that stablecoins are often used in anonymous transactions, which can be exploited by criminal networks and terrorist groups. Without stricter measures, she argued, the GENIUS Act could compromise national security and leave the economy exposed. The letter also emphasized the need to keep stablecoin issuers within U.S. jurisdiction. Offshore platforms, James said, pose enforcement challenges and make it harder to maintain regulatory standards. She also urged lawmakers not to undercut community banks, which she said remain essential to rural and underserved communities. GENIUS and CLARITY Crypto Bills Favor Industry Over Investors James is not only targeting the GENIUS Act; She has also submitted a statement to the House Financial Services Committee regarding the Digital Asset Market Clarity Act ( CLARITY ), another crypto bill under review. In that statement, James criticized the bill for shielding bad actors, allowing market manipulation, and failing to give regulators the tools to stop fraud. She warned that both the GENIUS and CLARITY Acts, if passed without key revisions, would create a weak regulatory framework that prioritizes industry growth over consumer protection. In her latest letter, James told Congress: “Take the time necessary to draft legislation that will enhance innovation while protecting our banking system that is the envy of the world.” The GENIUS Act, while receiving bipartisan support in the Senate , has drawn divided reactions from regulators and state officials. It would limit stablecoin issuance to licensed institutions and impose requirements around asset backing and public disclosures. ⚠️ The GENIUS Act has been passed — but experts say stablecoins have the potential to damage the global economy #Crypto #Tether #Circle #USDT #USDC https://t.co/NWGB63iV2M — Cryptonews.com (@cryptonews) June 19, 2025 Under the bill, stablecoins must be backed by U.S. dollars or equivalent liquid assets, and consumer protections are included in the event of issuer bankruptcy. President Donald Trump has publicly endorsed the bill. “Get it to my desk, ASAP—NO DELAYS, NO ADD ONS,” he wrote on Truth Social. Still, James insists the bill needs deeper scrutiny. She warned that pushing stablecoin legislation forward without additional safeguards will leave American investors at risk. The House of Representatives is expected to hold procedural votes on the GENIUS and CLARITY Acts as early as the week of July 7 . 🏛️ The GENIUS Act and the CLARITY Act slated to be voted on by the House of Representatives as early as next week. #GENIUSAct #CLARITYAct https://t.co/5sxdIu420J — Cryptonews.com (@cryptonews) June 30, 2025 Should either bill pass both chambers, it would represent a major shift in how digital assets are regulated in the U.S. This isn’t James’ first warning to Congress. In April, she sent letters urging lawmakers to include “common sense principles” in any crypto bill, such as requiring stablecoin issuers to operate onshore and barring cryptocurrencies from retirement accounts. With momentum building in Washington to establish clear crypto laws, James is pressing for balance. She says investor protection and financial stability must not be traded for speed. “Congress must pass legislation that strengthens oversight of cryptocurrency to help stop fraud and criminal activity and protect the American public,” she said.

Author: CryptoNews
DOGE Presses SEC to Relax SPAC Rules – Will Musk’s Influence Tip the Scales?

DOGE Presses SEC to Relax SPAC Rules – Will Musk’s Influence Tip the Scales?

The Department of Government Efficiency (DOGE) is now targeting the SEC’s rules on Special Purpose Acquisition Companies (SPACs) and confidential data reporting by private investment advisers. Per Reuters, the SEC adopted those rules during the Biden administration to enhance investor protection and systemic risk monitoring. DOGE, a Trump administration initiative created to cut federal regulatory burdens, has recently approached SEC staff to explore revisions to these rules. This comes as some businesses view it as excessive. The talks are part of a broader deregulatory push by the Trump administration, intended to reduce compliance costs and spur market activity. Executive Order Spurs Deregulatory Action Earlier in March, Elon Musk’s DOGE task force joined the SEC under a new liaison effort. DOGE staff were to receive internal system access and be treated as SEC personnel. An internal email said standard ethics and IT protocols would apply. 🔍 @elonmusk ’s DOGE team gains access to SEC systems under a new liaison initiative, sparking debates on regulatory independence and public-private collaboration in financial governance. #CryptoRegulation #SEC https://t.co/lRHLqWwkj8 — Cryptonews.com (@cryptonews) March 28, 2025 Today, Reuters reported that a White House spokesperson said the administration is working with the SEC “to more efficiently maintain fair and orderly markets while protecting everyday investors.” However, DOGE’s involvement in SEC policy has unsettled some SEC staff. The agency, while led by a presidentially appointed chair, is widely regarded as an independent regulator. Traditionally, it limits policy coordination with the White House to maintain regulatory impartiality. Amanda Fischer, policy director at financial reform group Better Markets, said DOGE’s role “raises serious concerns” about potential conflicts of interest. “It’s outrageous that outside designees to the agency, who presumably were not selected by the chair, would have a say in rulemaking,” said Fischer, who served as chief of staff to former SEC Chair Gary Gensler. In contrast, the deregulatory effort appears to align with views held by Republican SEC commissioners Mark Uyeda and Hester Peirce. The duo has previously objected to the Biden-era rules on SPACs and private funds. They argue that such regulations stifle innovation and burden firms unnecessarily. Uyeda and Peirce criticized the removal of a legal “safe harbor” that protected SPAC sponsors from liability for forward-looking statements. They also opposed the expanded reporting requirements under Form PF, a rule requiring private fund advisers to submit more detailed data to regulators. SEC Indicates Willingness to Engage with DOGE According to the report, the SEC confirmed its collaboration with DOGE, stating that both parties are working “to find cost efficiencies and ensure public funds are being used as effectively as possible.” While the agency has not indicated specific policy reversals, discussions with exchange operators about loosening SPAC requirements are ongoing. The resurgence of interest in SPACs, including among those connected to Trump’s own media venture, suggests possible momentum behind the rollback. “It’s a departure from past practice,” said Adam Pritchard, law professor at the University of Michigan. “Whether White House influence is a risk or an opportunity depends on your perspective.” President Donald Trump, upon his election victory, appointed Elon Musk and Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (DOGE). ⚡️ It’s official: President-elect @realDonaldTrump taps @elonmusk and @VivekGRamaswamy to lead the Department of Government Efficiency (DOGE), aiming to cut government waste and streamline operations. #DOGE #ElonMusk #DonaldTrump https://t.co/BRzSIq76wi — Cryptonews.com (@cryptonews) November 13, 2024 He tasked the agency with cutting federal waste, slashing regulations, and overhauling government agencies. Trump called the initiative a “modern-day Manhattan Project” and praised Musk’s operational track record. However, in April, Elon Musk announced he was stepping down as a Special Government Employee at DOGE . Musk posted on X that his term had ended and thanked Trump for the opportunity to tackle government waste. While DOGE continues, sources said Musk faced pushback within the White House and voiced frustration with federal inefficiency and Trump’s tax plan.

Author: CryptoNews
U.S. Treasury Secretary: We are pushing forward the vote on the tax bill today

U.S. Treasury Secretary: We are pushing forward the vote on the tax bill today

PANews reported on July 1 that according to Fox News, US Treasury Secretary Benson said that we are pushing forward the vote on the tax bill ("Big and Beautiful Bill")

Author: PANews
What will the macro environment look like next? Analyzing four possible scenarios

What will the macro environment look like next? Analyzing four possible scenarios

A choice at a crossroads The market is holding its breath, almost regarding the Fed's rate cut as the starting gun for a new round of asset mania. However, a

Author: PANews
Japanese gaming firm CyberStep plans to invest 1b yen into its new crypto arm

Japanese gaming firm CyberStep plans to invest 1b yen into its new crypto arm

Japanese online claw machine operator CyberStep is launching a new business arm called CRYPTECH Capital which will generate tokens used to buy BTC and ETH as reserve assets. According to a recent report on CoinDesk Japan, the company that operates…

Author: Crypto.news
Revisiting the Stablecoin Trilemma: The Current Decline of Decentralization

Revisiting the Stablecoin Trilemma: The Current Decline of Decentralization

Author: Chilla Compiled by: Block unicorn Preface Stablecoins are getting a lot of attention, and for good reason. Beyond speculation, stablecoins are one of the few products in the crypto

Author: PANews
Will Solana price rally after the launch of its first spot ETF?

Will Solana price rally after the launch of its first spot ETF?

Solana experienced a short-lived rally following confirmation that the first-ever Solana ETF featuring staking capabilities is scheduled to launch on July 2, 2025. According to data from crypto.news, Solana (SOL) surged nearly 6% to an intraday high of $158.30 on…

Author: Crypto.news
[LIVE] EthCC 8 / RWA Summit Day Two: Real-World Assets Take Center Stage

[LIVE] EthCC 8 / RWA Summit Day Two: Real-World Assets Take Center Stage

Welcome to Day Two of EthCC 8 and the Real-World Asset (RWA) Summit, live from Cannes — where the French Riviera meets the frontier of decentralized finance. Today, two parallel events are converging on a single theme: the integration of traditional finance with blockchain technology. As tokenized real-world assets (RWAs) move from concept to implementation, and crypto-native ETFs edge closer to mainstream adoption, thought leaders, builders, regulators, and institutional players are gathering to explore what’s next. From tokenized treasuries to on-chain infrastructure and the evolution of compliant DeFi, today’s conversations promise to shape the future of both markets and protocols. We’ll be live-blogging the biggest insights, key announcements, and panel highlights — including deep dives into the ETF landscape, regulatory frameworks, and the growing impact of RWAs on global finance. Stay tuned as we bring you real-time updates straight from the heart of Cannes.

Author: CryptoNews
Circle Moves to Launch a National Trust Bank After Wall Street Debut — Here’s What That Means

Circle Moves to Launch a National Trust Bank After Wall Street Debut — Here’s What That Means

Circle, the firm behind the USDC stablecoin, is taking its next big step into regulated finance. Fresh off a public listing that valued the company at nearly $18b, Circle has filed an application to become a national trust bank in the United States, Reuters reported Tuesday. If approved by the Office of the Comptroller of the Currency, the new entity, called First National Digital Currency Bank, N.A., would allow Circle to act as a custodian for its reserves and offer secure digital asset services to institutional clients. However, unlike traditional banks, it would not be permitted to accept cash deposits or issue loans. Exclusive: Circle applies for US trust bank license after bumper IPO https://t.co/bnsIZpO7Wq https://t.co/bnsIZpO7Wq — Reuters (@Reuters) July 1, 2025 Circle Plans Hybrid Reserve Custody Model Instead, the trust charter would let Circle manage the reserves backing its stablecoin, which include short-term US Treasury bills and cash, currently held at BNY Mellon and managed by BlackRock. Some of these holdings will remain with existing partners even if the new bank becomes operational. “We’re going from the early-adopter phase of this technology into the mainstream,” Allaire told Reuters. “As a public company, and now, hopefully if we are successful in getting approval from the OCC as a national trust, that will give us a foundation that the world’s leading institutions are going to be comfortable building on.” Senate Bill Pushes Stablecoin Rules Forward Circle plans to focus on the custody of tokenized assets such as stocks and bonds on blockchain rails, rather than cryptocurrencies like Bitcoin and Ether. This focus aligns with broader trends, as financial institutions increasingly explore blockchain to modernize traditional markets. The timing of Circle’s move is significant. Earlier this month, the Senate passed a stablecoin bill that would require issuers to maintain full reserves and disclose them publicly each month. The House is expected to vote on the bill in the coming weeks, and President Trump has signaled support for such regulation. If enacted, the legislation could legitimize stablecoins in the eyes of more traditional businesses and pave the way for broader use in payments and commerce. Circle, which already plays a central role in the stablecoin market, is preparing to meet that moment with a more regulated and institution-friendly structure. Wall Street analysts began coverage of Circle this week with mostly upbeat assessments. Firms including Barclays, Bernstein and Canaccord Genuity issued buy ratings, though others like JPMorgan and Goldman Sachs flagged potential valuation concerns following the stock’s sharp post-IPO rise.

Author: CryptoNews