Here’s what happened in crypto today
Today in crypto, a Deloitte report suggests that tokenized real estate could exceed $4 trillion by 2035, growing substantially from under $300 billion in 2024, with a CAGR of over 27%. This surge is attributed to blockchain technology enabling easier investments in real estate. Senator Cynthia Lummis criticized the Federal Reserve’s recent decision to soften crypto guidance for banks, calling it 'just lip service' and highlighting ongoing regulatory uncertainties. At the SEC's third crypto roundtable, chair Paul Atkins expressed optimism about blockchain's potential benefits, stressing the need for clear regulatory frameworks and addressing market uncertainty under previous leadership. His comments signal a shift toward more supportive regulations for the crypto industry.
Source 🔗