BusinesseconomyfinancegovernmentTechnology

Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed

TLDR Florida lawmaker Webster Barnaby filed HB 183, allowing the state to invest up to 10% of public funds in digital assets including Bitcoin, crypto ETFs, NFTs, and blockchain products The new bill expands beyond the Bitcoin-only focus of the failed HB 487 from June 2024 and adds stricter custody, documentation, and fiduciary standards If [.] The post Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed appeared first on CoinCentral.

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Wealth Managers Must Adapt To The Greatest Capital Transfer In History

The post Wealth Managers Must Adapt To The Greatest Capital Transfer In History appeared com. Opinion by: Anthony Agoshkov, co-founder of Marvel Capital The world is witnessing the largest wealth handoff in modern history. Over the next 20 years, Millennials and Gen Z will inherit around $83 trillion, and some bullish forecasts suggest as much as $4 trillion of that could be tokenized onchain by 2030. The bigger story isn’t the size of the transfer; it’s how that capital will be steered. While family offices lean on real estate, trade and energy, a new generation is already asking for something else. They’re chasing tokenized portfolios, digital-asset exposure and a seat at financial centers built for a digital-first era. Wealth managers face a clear test: expand their playbook to include tokenization, or watch the next wave of capital find partners who do. Tokenization is the bridge for wealth transition At the heart of this adaptation is tokenization, a mechanism allowing traditional assets to flow into digital markets without losing their familiar shape. Yield-bearing assets can be digitized, issued onchain and managed under familiar reporting rules. This changes the speed of capital what once moved in years can now move in days. This is the timeline the next generation expects. For heirs, it makes crypto less like a gamble and more like an upgrade digital liquidity anchored in wealth their families already trust. This trend is already visible on the ground, with the Gulf becoming a live lab. The Dubai International Financial Centre now oversees around $1. 2 trillion in family-office assets, a number still climbing as families test how far crypto-friendly frameworks can carry their wealth. Beneath the hype, the real story is that custody is being wired, tokenized funds are being launched, and diversification is moving onto digital rails. Once that plumbing is in place, capital rarely goes back. Meanwhile, Saudi Arabia and the.

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Democrats say Trump needs to be involved in shutdown talks. He’s shown little interest in doing so

WASHINGTON (AP) President Donald Trump is showing little urgency to broker a compromise that would end the government shutdown, even as Democrats insist no breakthrough is possible without his direct involvement. Three weeks in, Congress is at a standstill. The House hasn’t been in session for a month, and senators left Washington on Thursday [.].

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