WAO ART

Tokenized U.S. Treasuries have increased by $210 million since surpassing the $2 billion mark at the end of August. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) leads the market with a cap of $531.88 million, up 3.32% in the last 30 days.

Evan Singh Luthra Appointed Member of Congress in Liberland’s New Government. In his new role, Luthra will focus on enhancing the country’s digital infrastructure and blockchain integration areas where he has developed a strong foundation throughout his career in the tech world.

A British man, James Howells, is suing Newport City Council for £495 million ($647 million). The lawsuit stems from lost Bitcoin that he believes is buried in a landfill. The council denied his request to excavate the landfill to recover the cryptocurrency.

Bitnomial has initiated legal action against the SEC in an Illinois district court. The lawsuit contests the SEC's jurisdiction over Bitnomial's proposed XRP futures contract. Central to the case is the classification of XRP as a security, which impacts regulatory oversight.

A group of Brazilian crypto traders has announced the launch of a new stablecoin called BRL1, pegged to the Brazilian real. BRL1 is expected to be available on exchanges later this year. The stablecoin will facilitate the development of new products within Drex.

Australia’s DFAT has pledged support for Fiji’s education curriculum review. The assistance will run alongside the Australian curriculum review process. Fiji's Education Minister Aseri Radrodro highlighted the importance of this initiative in Parliament.

Nigeria is blessed with abundant crude oil reserves, often referred to as "black gold." Despite its wealth in crude, Nigeria relies heavily on importing refined petroleum products. The country faces a paradox where its oil wealth does not translate into economic prosperity for its citizens.