California Billionaire Tax Plan Faces Pushback from Crypto Industry
A proposed California wealth tax targeting billionaires has drawn criticism from crypto founders and investors, who warn it could accelerate capital flight and undermine innovation.
aThe Real-World Assets (RWA) topic focuses on the rapid shift of traditional financial instruments onto blockchain infrastructure. This section covers the tokenization of assets such as treasury bills, corporate bonds, real estate, commodities, and credit markets, along with the platforms and institutions driving adoption. It highlights regulatory developments, institutional partnerships, liquidity growth, and the evolving frameworks that allow RWAs to operate securely on-chain. Readers can follow updates on asset issuers, stablecoin integrations, settlement networks, and DeFi protocols incorporating real-world collateral. As RWAs become one of the most important trends in digital finance, this topic tracks the innovations transforming global markets through tokenized ownership and programmable financial instruments.
A proposed California wealth tax targeting billionaires has drawn criticism from crypto founders and investors, who warn it could accelerate capital flight and undermine innovation.
Hong Kong regulators have finalized licensing rules for crypto trading and custody providers, aligning oversight more closely with traditional securities regulation while launching a new consultation…
Citigroup reaffirmed its positive view on crypto-related equities despite sharp sector declines, citing long-term institutional adoption and resilient business models.
The Tezos art ecosystem recorded strong institutional adoption and artist growth in 2025, driven by museum partnerships, global events, and NFT sales.
VivoPower is partnering with Lean Ventures to source $300 million in Ripple Labs equity, offering indirect exposure to nearly $1 billion worth of XRP for South…
Grayscale says growing regulatory clarity and macroeconomic pressures are positioning digital assets for deeper institutional adoption in 2026, reshaping how capital enters crypto markets.
Bitwise CIO Matt Hougan said Bitcoin is likely to depart from its historical four-year cycle, citing structural changes in macro conditions and institutional adoption.
Visa has introduced a global Stablecoins Advisory Practice to help banks, fintechs, and merchants integrate stablecoins amid rising institutional adoption and regulatory clarity.
JPMorgan Asset Management has launched its first tokenized money-market fund on Ethereum, signaling deeper institutional adoption of blockchain-based investment infrastructure.
Ripple has partnered with Switzerland’s AMINA Bank, which is now the first European bank to adopt the company’s payments platform for cross-border transactions.