Looking for the latest happenings in crypto today? Here’s a roundup of everything that happened. This article gives a brief of some of the important happenings in the world of crypto, Web3, Blockchain and everything new-age money. Let’s get a deeper insight.
Trump to come with crypto regulatory clarity; Says Franklin CEO
Jenny Johnson, Franklin Templeton CEO believes the new Trump administration will bring a positive approach towards crypto. He hopes that Trump will start working toward clearer regulations.He expects the execution of a co-operative space for crypto and traditional finance.+
On January 21, “I think that the thing with the Trump Administration is we’re going to start to see them converge more, the TradeFi and the crypto, which is something that we need,” Johnson said in a Bloomberg interview.
Solana transaction backlog fixed after a 48-hour delay
Brian Armstrong, Coinbase CEO announced that the Solana backlog problem has been solved. This backlog led to pending transactions for up to 21 hours on the centralized exchange. Now, this issue has been finally resolved.
In an X (earlier Twitter) post, Armstrong encouraged users with canceled transactions to retry posting their transactions. Furthermore, he also apologized to Coinbase users.
MetaMask partners with Ramp Network
Ramp Network, an on- and off-ramping solution, announced they will be collaborating with MetaMask. The collaboration will allow users to cash out directly from L2 networks.
Ramp Network claimed that the integration will simplify the traditional and more complex crypto cashout process. But how? The partnership comes with a faster and cost-effective withdrawals from L2 networks. This include networks such as Polygon, Optimism, and BNB Chain.
The new feature will support over 35 fiat currencies. Now you can get an alternative to mainnet withdrawals which often comes with delayed processing times and higher fees.
Asset tokenization can reshape Latin America’s financial systems
Asset tokenization could be helpful in transforming Latin America’s financial systems and the economy on a larger scale. This predivtion is being made by a report published by Ava Labs and Mastercard.
On January 21, payment services giant Mastercard introduced a white paper. The paper was co-authored by Ava Labs, the company behind the layer-1 Avalanche blockchain. The report highlighted the importance of blockchain-driven asset tokenization technology in finance.
Asset Tokenisation whitepaper | Mastercard website
