$loom is next 2x dont fade | 3rdeyeofcrypto on Binance Square

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Visa to Launch Tokenized Asset Platform in 2025 Visa is preparing to introduce its Tokenized Asset Platform (VTAP) in 2025, allowing banks to issue fiat-backed tokens on the Ethereum blockchain. This pilot project aims to improve transaction speed, security, and privacy by leveraging Ethereum's smart contract technology. The move represents Visa’s ongoing efforts to integrate blockchain into traditional financial systems, enhancing the connection between digital assets and fiat currencies. By tokenizing fiat currency, banks can streamline cross-border payments, reduce costs, and increase security. Visa’s history with digital assets, including collaborations in Hong Kong, shows its commitment to exploring blockchain’s potential in traditional banking environments. The VTAP platform will focus on regulatory compliance while providing financial institutions with a secure way to leverage blockchain technology

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Caroline Ellison Sentenced to Two Years for Role in FTX Collapse Caroline Ellison, the former CEO of Alameda Research, has been sentenced to two years in prison for her involvement in the downfall of FTX, one of the largest financial scandals in recent history. Ellison pled guilty in 2022 to charges of conspiracy, fraud, and money laundering, admitting that she played a central role in the misuse of customer funds at FTX. She helped Alameda Research, FTX’s sister company, access these funds under the direction of FTX founder Sam Bankman-Fried. Her cooperation with authorities and testimony against Bankman-Fried were instrumental in his conviction, which earned him a 25-year sentence. Ellison’s cooperation also led to a lighter sentence than initially expected. Despite facing severe charges, she received just two years in prison after forfeiting $11 billion related to the fraud. Although the federal Probation Department recommended no jail time, the court imposed a prison sentence to ensure accountability for her role in the collapse that caused billions in consumer losses

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$PEPE up 5%tp mentioned in the chart

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$WIF "read the quoted post " following our plan !

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