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Turkmenistan legalizes cryptocurrency mining and trading, but still bans its use as a means of payment
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The total market value of tokenized stocks has risen to $1.2 billion, reaching a new all-time high
PANews December 30 News, according to Cointelegraph, based on data from Token Terminal, the total market capitalization of tokenized stocks has risen to a record $12 billion, driven by strong growth in September and December. Token Terminal stated, “Today’s tokenized stocks are like stablecoins in 2020.” This highlights that the market is still in its early stages. In 2020, stablecoins were just beginning to emerge, but this year it has grown into a $300 billion industry. Other industry insiders compare tokenized stocks to the boom of DeFi in early 2020, noting that more global stocks may be tokenized in the future, benefiting from faster settlement, 24/7 trading, and divisible ownership.