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The U.S Securities and Exchange Commission (SEC) has charged crypto-asset trading platform Bittrex with operating an unregistered national securities exchange, broker, and clearing agency. The SEC argued in its complaint that the OMG, Dash (DASH), Algorand (ALGO), Monolith (TKN), Naga (NGC) and IHT Real Estate Protocol (IHT) tokens traded on Bittrex are securities. Bittrex was expecting the SEC action and reportedly received a Wells notice warning it of the impending action in March 2023, and had already intended to close down U.S. operations on April 30 due to the regulatory environment. Interestingly, as pointed out by Bloomberg's Matt Levine, ALGO and DASH are also listed on Coinbase, which was issued a Wells notice in March and may be next in the SEC's crosshairs. Coinbase CEO Brian Armstrong has said that the firm is now considering relocating from the U.S. https://www.sec.gov/news/press-release/2023-78

Blockchain real estate investment firm AssetBlock partnered with luxury hotel asset manager Lodging Capital Partners to tokenize $60 million of exclusive hotel properties.

The holy grail for blockchain projects is to create a network that can process thousands of transactions per second, is secure, and adheres to the ethos of being decentralized, i.e. run without the need for centralized control. This trinity of features, referred to as the "scalability trilemma" by Ethereum co-founder Vitalik Buterin is an idea imported from computer science to describe how realistically, a network can only ever focus on two of these principles, often at the expense of the third.

"Isn't decentralization going to put Central Banks' control of their digital currencies at risk? The answer to this question is no, if the correct design choices of the CBDC governance are put in place. The thing is, only advanced next-gen blockchain technology can support these design features. Under these conditions, the case can be made that the control of the CBDC system, the monitoring capabilities of a Central Bank, as well as the flexibility of policy implementation are even increased by a blockchain based approach."

Co-chain architecture ensure that you can enjoy the advantages of private chains and public chains at the same time. By making public and private blockchains interoperable, organizations can isolate and control sensitive data on a private blockchain, while still safely interact with the world at larger scale, through an interoperable public blockchain.