Browsing: Digital

Ethereum has evolved from a cryptocurrency network into a programmable blockchain infrastructure layer used for decentralized finance, stablecoin settlement, tokenization, and blockchain-based applications. Rather than functioning only as a digital asset, Ethereum provides a base layer on which developers can deploy smart contracts, issue tokens, settle onchain transactions and build applications that run without a…

The House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a field hearingin New York to examine the Clarity Act, which would replace regulatory enforcement with clear statutory rules for digital assets. The hearing on  Friday, July 17, underscored industry consensus that ambiguity between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) has stalled innovation and driven capital offshore.

Digital asset auditing is no longer a niche exercise built around exchange screenshots. A credible audit now has to prove three things: the assets exist, the entity controls them, and the related smart contracts behave the way the books say they do.