Binance Stops Selling ‘Stocks Tokens’ After Hong Kong SEC Issues a Warning

The Securities and Futures Commission (SEC) of Hong Kong issued a warning on Friday against the leading cryptocurrency exchange, saying Binance is not licensed to sell “stock tokens” in the city. Previously, other regulators have also raised concerns about Binance selling tokenized stocks, including Germany. Tokenized stocks are digital assets that are backed by the […]

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US Rep, Tom Emmer, Reintroduces Bill Aimed At Defining Cryptocurrencies Under Securities Act

The United States Representative Tom Emmer has again introduced a bipartisan bill called the Securities Clarity Act. The bill is aimed at defining how federal regulators treat digital assets under securities laws. Crypto Bill Gets Democratic Co-Sponsors Backing Emmer first introduced the bill in September 2020, but it didn’t pass the Democrat-controlled House. The bill […]

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Square, Processor of $112 Billion+ in 2020, Announces New Firm to Bring DeFi to Bitcoin

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a recent Twitter thread, Jack Dorsey, CEO of both Square and Twitter, revealed his intentions to build an open developer platform primarily focused on Bitcoin. Looking from a broad perspective, this could mean […]

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Now Italy’s After Binance; US DOJ Asks Agencies to Stop Sending the Exchange ‘Thank You’ Letters

The market watchdog of Italy is the latest in a string of global regulators to move against Binance as it said on Thursday that the leading cryptocurrency exchange is not authorized to carry out activities in the country. Binance Group companies, including the exchange’s main website, which offers information in Italian on derivatives and tokenized […]

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