China News Daily TheBitTimes.com

The digital asset infrastructure provider plans to establish a presence in the United Arab Emirates (UAE) and the region’s housing sector as tokenization gains global steam. Taurus, a Swiss-based crypto company, announced a new office in the UAE geared towards tapping a growing narrative around tokenized real-world assets (RWAs) and an expected boom within Dubai’s real estate market .  Besides its reputation as a global investment hotspot, experts expect a 15% growth in Dubai’s housing industry during 2024, said Taurus managing director Bashir Kazour. Kazour stressed that Dubai’s inflow of foreign investment and its clear crypto regulations mean that the region is a prime location for tokenization to take root. Taurus opening an office in the UAE signals the firm’s strategic positioning to leverage emerging digital asset trends, the director added in an email seen by crypto.news. You might also like: Investors must be ready for the power of asset tokenization | Opin...

While the dust is still settling after Ripple’s several major victories in the court case against the United States Securities and Exchange Commission (SEC), the blockchain company’s chief legal officer , Stuart Alderoty, criticized the regulator and compared its chairman to a movie villain . As it happens, Alderoty pointed out all the ways in which the SEC was doing a poor job, comparing Gary Gensler to Colonel Nathan R. Jessup from a 1989 stage play and 1992 hit movie A Few Good Men, who became a symbol of institutional indoctrination, in an X post on November 16. The SEC is losing in court; being criticized by Judges for shady behavior; being rebuked by the Gov’t’s internal auditor; hiding info about meetings with a felon; becoming irrelevant on the international stage. Gensler – admitting no fault – has become the insulate Col. Jessep. pic.twitter.com/vqjPPcifr8 — Stuart Alderoty (@s_alderoty) November 16, 2023 Furthermore, the legal expert scorned the S...