While the price may not yet reflect it, June was quite a positive month for digital assets. During this time, we saw Bitcoin adopted as legal tender, ETF applications, sizable capital raises and more – all of which overshadowed stumbles within the mining sector and various centralized exchanges.
Regulatory Advances and Findings
Centralized exchanges such as Binance and Poloniex can no longer operate as they once did. Regulators around the world are beginning to assert their authority, resulting in the aforementioned exchanges withdrawing services from certain jurisdictions.
Binance Begins Restricting Platform Access as the OSC, FSA, and FCA Issue Warnings
Poloniex the Latest Target as Canadian Regulators Clamp Down on Service Providers
Digital Securities
As institutional investors become more comfortable with the idea of digital assets, security tokens are garnering increased attention. This was no more evident in June than through successful capital raises and popular investment funds.
Securitize Raises $48 Million in Series B Round Led by Blockchain Capital & Morgan Stanley
Wave Financial to Launch 2nd Iteration of Popular ‘Kentucky Whiskey Fund’
In the News
El Salvador Targets September 7th for Bitcoin to Become Legal Tender – Citizens to Receive $30 Free BTC
Arguably one of the biggest developments to hit crypto in a long time, El Salvador officially announced its intent to accept Bitcoin as legal tender. Not only will the nation utilize geothermal energy to power BTC mining operations, but citizens will each receive a $30 BTC airdrop in September. Read More
Overview of ‘Crypto Adoption Reports’ from the FCA, Gemini, and Finder
In an attempt to better understand adoption surrounding digital assets, various companies have recently completed extensive surveys of market participants. Findings indicate the highest % ownership of such assets occurs within Asian nations – this among various other metrics shed light on where sector growth is headed. Read More
Thought Leaders
How Digital Securities Are Disrupting Private Real Estate Marketplaces
Digital securities have the ability to change the way we invest. Not only can they introduce higher levels of efficiency, but they can disrupt a wide array of asset classes – none more apparent than Real Estate. In this article, Atlas One Digital Securities Data Analyst, Vlad Estoup, looks at how this will occur. Read More
How to Identify Bitcoin & Cryptocurrency Scams
Cryptocurrencies have the ability to transfer power back to their owners. This however is a double edged sword, as market participants are now responsible for the safe-keeping of their assets. In this article, Securities.io CEO, Antoine Tardif, looks at a few of the most common scams plaguing the sector, and what you can do to avoid them. Read More
Interviews
Do Kwon, CEO of Terraform Labs
On the back of $32 million raised from investors like Binance, Terraform Labs is working towards building a payment system for the coming age. Terraform Labs CEO, Do Kwon, sat down with Securities.io to discuss how it will achieve this. Read More
Marouane Hajji, Founder of Unslashed Finance
Decentralized Finance is a sector rife with potential – and danger for the uninitiated. Unslashed Finance is a young company which provides insurance solutions for DeFi. We spoke with its Founder, Marouane Hajji, to learn more about why this is a growing need. Read More
Around the Web
Bitcoin climbs on Mexican billionaire’s tweet – CNN
Elon Musk isn’t the worlds only billionaire with an affinity for digital assets. Ricardo Salinas Pliego announced in June that he was actively working with his bank to become the first Mexican company of its kind to fully support Bitcoin. Read More
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