Issuing Digital Securities: To Mint or Not to Mint – Thought Leaders

Tracking ownership of private securities can be a cumbersome process. Reinvested dividends, employee stock option plans, share issues and other events that affect the capital structure of a fund can significantly increase the challenges around record-keeping. Further, making markets for private securities can be quite challenging. Since accredited investors are only able to trade with […]

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SEC Sues now-Defunct BitConnect Founder for $2 Billion Fraud Conducted in 2017-18

The US Securities and Exchange Commission (SEC) has sued the founder of now-defunct cryptocurrency exchange BitConnect over its alleged role in fraudulently raising about $2 billion from thousands of retail investors from early 2017 through January 2018 without properly registering with regulators. Founded in 2016, BitConnect launched a digital token called BitConnect Coin that can […]

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Binance.US and FTX.US Reveal Strategic Plans as US Crypto Market Heats Up

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. FTX.US, the US affiliate of the crypto derivatives exchange FTX, has unveiled its acquisition of Ledger Holdings Inc, the parent company of LedgerX LLC for an undisclosed sum.  In addition, Binance.US targets an initial […]

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SEC Chief: About ‘Half of Our Markets’ Go to Dark Pools

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. SEC Chairman Gary Gensler attended the European Parliament ECON Committee meeting on Wednesday, where he answered questions about FinTech and monetary affairs. Within his discussion, he highlighted issues regarding stock trading and dark pools, […]

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Crypto Companies Raising Capital, Working with Regulators, and Building Cash Reserves for Prolonged Downtrend

Amidst the increasing regulatory scrutiny over the cryptocurrency industry, UK-based crypto exchange Coinpass said it had received approval from Britain’s Financial Conduct Authority (FCA) to operate in the country as a crypto asset company. “We’re exceptionally pleased to be among one of the first UK-based cryptocurrency Trading Exchanges for retail investors and businesses to be […]

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Ethereum is “Amazingly Positioned to Be A Central Part” of the Metaverse: Co-Founder Vitalik Buterin

“I hope that doge can switch to PoS soon, perhaps using ethereum code,” said Ethereum co-founder Vitalik Buterin in response to Three Arrows Capital CEO and co-founder Su Zhu’s question about promising ideas for Ethereum / DOGE cooperation. Zhu also asked Buterin what made him interested in the popular meme coin, which has the support […]

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