Today in Crypto, tokens token $ 4 trillion by 2035, according to a new deliot report, US Senator Synthia Lummis says that the latest Crypto decision of the Federal Reserve is “Just Lip Service”, and the US Securities and Exchange Commission (SEC) Chairman speaks during the period of Paul Atkins agency.
Deloitte predicts $ 4 trillion token on blockchain by 2035
According to a new report, more than $ 4 trillion real estate can be token on blockchain networks during the next decade, potentially provides investors access to property ownership opportunities.
Deloite Center for Financial Services Prediction More than $ 300 billion in 2024 more than $ 4 trillion immovable property can be token by 2035. The report published on 24 April estimates a mixed annual growth rate (CAGR) of more than 27%.
The $ 4 trillion of the token property is predicted to stem for the benefits of blockchain-based assets as well as a structural change in real estate and ownership of property.
“Real estate is going through a period of self change. Post-pandemic work-to-house trends, climate risk, and digitization have re-shaped the basic principles of property,” according to Chris Yin, the co-founder of the plum network, a blockchain made for the real-world property (RWAS).
“Office buildings are being rebuilt in AI data centers, logistics hubs and energy-efficient residential communities,” Yin told Coinlagraph.
“Investors want targeted access to these modern use cases, and tokenification enables a programable, adaptable risk to such developed asset profiles,” he said.
Crypto Banking Rules “No Real Progress” Fed withdrawn by Fed – Senator Lumis
The United States Senator Synthia Lummis says the crypto industry may soon soften its crypto guidance to banks on the US Federal Reserve.
“Crypto guidance that withdraws Fed is just noise, not real progress,” Lummis Said 25 April X Post. Lummis called the Fed’s 24 April announcement – withdrew its 2022 supervisory papers, which discouraged banks from being engaged with crypto and stabecoin activities – “Just lip service.”
Prof.-Crypto Advocate Lumis, known for launching the Bitcoin Strategic Reserve Bill in July 2024, indicated several flaws in the Fed announcement, even the strategy founder Michael Sayler and Crypto entrepreneur Anthony Pumpino suggested that it was one step forward for banks and Crypto.
He argued that the Fed “law on master accounts continues illegally” and still depends on the prestigious risk in its bank supervision practices. Lummis also exposed the Fed’s policy statement in Section 9 (13), which was not withdrawn, stating that bitcoin and digital assets are considered “unsafe and insecure”.
SEC President suggests “huge benefits” in the agency’s third crypto roundateable
In one of his first performances as a recent oath-in chair of the US Securities and Exchange Commission, Paul Atkins commented on the third roundateable discussion of the agency of Crypto Regulation.
“Know your Custodian” on 25 April at a roundateable event, Atkins Said He expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency and cutting costs. He reiterated that for the convenience of “clear regulatory rules of the road” for digital assets amidst his goals at SEC, indicating that the agency under the former Chairman Gary Gensler contributed to the market and regulator uncertainty.
“I look forward to joining the market participants and working with President Trump’s administration and colleagues in the Congress to establish a rational fit-for-post framework for crypto assets,” Etkins said.
Some critics of US President Donald Trump saw Atkins’ nomination to lead the SEC for the Crypto industry, working on the promise of the campaign to remove the Gainser – the former chair resigned on the day when Trump took over – and cut back on regulation. Democratic MPs of the Senate Banking Committee questioned their relations with the industry with Atkins, potentially presented a conflict of interest in their role to regulate Crypto.
