Daily Crypto News: Crucial Updates on Tokenized Real Estate and US Regulation

Catch up on the latest **Daily Crypto News** impacting the market. Today’s insights bring significant developments from the world of tokenization, central bank policy, and regulatory perspectives in the US.

Is **Tokenized Real Estate** the Next Big Thing?

A new report from Deloitte suggests that **Tokenized Real Estate** could experience massive growth in the coming years. The report predicts that over $4 trillion worth of real estate assets could be tokenized on blockchain networks by 2035. This is a significant jump from less than $300 billion in 2024, representing a compound annual growth rate (CAGR) exceeding 27%.

The potential for this growth is attributed to several factors:

• Increased accessibility for investors to property ownership.
• Benefits offered by blockchain technology, such as fractional ownership and liquidity.
• Structural shifts in the real estate market, adapting to post-pandemic trends and technological advancements.

Experts like Chris Yin from Plume Network highlight how tokenization allows for programmable and customizable exposure to evolving property types, such as repurposing office buildings into data centers or residential communities.

Senator Lummis on **Fed Crypto Policy**: Just Lip Service?

While some celebrated the US Federal Reserve’s withdrawal of a 2022 supervisory letter that discouraged banks from engaging with crypto, Senator Cynthia Lummis offered a different perspective. She described the move regarding **Fed Crypto Policy** as “just noise, not real progress,” and “just lip service.”

Lummis, a known advocate for crypto, pointed out that the Fed still relies on reputational risk in its bank supervision and has not withdrawn a policy statement (Section 9(13)) that deems Bitcoin and digital assets “unsafe and unsound.” Her comments suggest that the regulatory environment for crypto and banking in the US remains challenging despite the recent change.

What to Expect from **SEC Crypto News**?

In recent **SEC Crypto News**, the agency’s new chair, Paul Atkins, spoke at a roundtable focusing on crypto regulation. Atkins expressed optimism about blockchain technology, highlighting potential “huge benefits” in terms of efficiency, risk mitigation, transparency, and cost reduction.

Atkins stated that a key goal during his tenure would be to establish “clear regulatory rules of the road” for digital assets. His remarks hinted at a potential shift from the previous administration’s approach, which some critics argued contributed to market uncertainty. Atkins indicated a willingness to engage with market participants and work with the administration and Congress to create a suitable framework for crypto assets.

Summary of Today’s Key Crypto Updates

Today’s **Daily Crypto News** brought significant insights into the future of the digital asset space. Deloitte’s report painted a bullish picture for **Tokenized Real Estate**, predicting substantial growth by 2035. Meanwhile, US policymakers offered contrasting views on the regulatory landscape: Senator Lummis viewed the recent **Fed Crypto Policy** adjustment as insufficient, while **SEC Crypto News** featured the new chair expressing a positive outlook on blockchain benefits and the need for clear rules. These developments underscore the dynamic nature of the crypto market and the ongoing evolution of its regulatory framework in the **Crypto Regulation US** environment.