Chu says CBDCs “can serve as the operational basis for tokenization” as traditional financial institutions increasingly experiment with digitizing real-world assets. But these innovations may also pose significant risks to financial stability, consumer protection, anti-money laundering measures and market integrity, Chu warned.
Bitcoin ETF (BTC) Holdings Disclosed by Hedge Funds Millennium and Elliott
The hedge fund, which is led by billionaire Izzy Englander, held its biggest allocation in BlackRock’s iShares Bitcoin Trust (IBIT),...