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Bermuda-based Bittrex Global will be listing tokenized stocks on its digital asset exchange in cooperation with DigitalAssets.AG. This product will allow traders and investors direct access to listed companies without having to use an external broker or pay additional fees. Shares can be purchased using either US dollars (USD), Tether (USDT) or Bitcoin (BTC), twenty-four hours a day, seven days a week. The tokenized stocks available through Bittrex Global will allow customers to purchase a fraction of a stock without needing to purchase entire shares.

With the right legal framework, Committed Settlement can give you the ability to create, record, notify and/or perfect security interests (depending on the jurisdiction) in a fraction of a millisecond - and with minimal cost. With these efficiencies, it may change the way we approach bankruptcy proceedings, collateral and risk management - if not all financial transactions in general

DAML: The Federal Reserve Bank of New York is exploring the feasibility of an interoperable network of digital central bank liabilities and commercial bank digital money using distributed ledger technology (DLT)-powered by SETL and Digital Asset.

Thailand's Securities and Exchange Commission (SEC) will ease restrictions on using digital assets for payments, and digital asset businesses under SEC supervision will be able to participate in the Bank of Thailand's Programmable Payment Sandbox. The updated regulations broaden the scope of services digital asset businesses can provide without being considered a means of payment and include new types of operators like digital asset custodial wallet providers. https://www.sec.or.th/TH/Pages/News_Detail.aspx?SECID=11085

The U.K. Ministry of Justice has introduced new legislation aiming to clarify that digital assets can be considered as "property" in the United Kingdom. It follows an extensive review by the U.K. Law Commission, which drafted the legislation and conducted a consultation. https://cloud-platform-e218f50a4812967ba1215eaecede923f.s3.amazonaws.com/uploads/sites/30/2024/07/Digital-assets-as-personal-property-supplemental-report-and-draft-Bill-web-version.pdf

Digital Asset completed a pilot to tokenize U.K. Gilts, Eurobonds and gold on the distributed ledger technology (DLT) based Canton Network, which provided interoperability between separate DLT networks that have deployed Digital Asset's technology. The aim was to demonstrate how tokenized assets on a blockchain can enhance collateral mobility, improve liquidity, and increase transactional efficiency. The pilot involved Euroclear, the World Gold Council and 27 market participants. Five types of cross-application transactions were connected using eleven distributed applications, including six registry apps and five margin apps, with 500 transactions completed.

The Qatar Financial Centre (QFC) published the new QFC Digital Assets Framework 2024 which is in line with the Qatar Central Bank's Third Financial Sector Strategy. It establishes the legal and regulatory foundation for digital assets, including the process of tokenization, legal recognition of property rights in tokens and their underlying assets, custody arrangements, transfer, and exchange. The framework also provides for the legal recognition of smart contracts.

The Asian Development Bank (ADB) published a brief that shows how various jurisdictions and national standard-setting organizations are drawing up their own guidelines to define and regulate digital and crypto-assets. It highlights the comprehensive and tech-agnostic principles devised by the International Institute for the Unification of Private Law (UNIDROIT), explains how they treat existing and emerging digital assets, and why they could make transactions safer and more efficient.

Gelephu Mindfulness City (GMC), Bhutan's new Special Administration Region, will recognise digital assets such as Bitcoin (BTC), Ether (ETH) and BNB as part of its strategic reserves, making the Special Administrative Region (SAR) one of the first jurisdictions to officially hold digital assets as part of its strategic reserves. The inclusion of digital assets in the GMC's strategic reserves will enhance the SAR's economic resilience, and is an evolution of the jurisdiction's involvement in bitcoin mining.