Crypto Companies Paid $2.5B in Fines since 2009—Banks Pay 4X more Yearly

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Regulators in the U.S. have been calling crypto the “wild west” of finance ever since one can remember. Back in 2014, the U.S. watchdog entitled bitcoin the “wild west” of finance, stating that it […]

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New NSCC Rule Change Poised to End the Short Squeeze Saga

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Wednesday, market makers, which are also DTCC clearing members, will have to tighten up their short-selling belts. Because their available capital will be contrasted more frequently with member deposits, their ability to maintain […]

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How Decentralized Trading Unlocks the True Potential of Tokenized Securities

The biggest promise of security tokens is easier access to investors and the possibility for investors to trade securities and assets that historically were illiquid. Nevertheless, despite the rise of security token exchanges, the vast majority of tokenized securities are still not traded anywhere, failing to execute the promise of liquidity. In this article, we […]

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Bank of France, SEBA Bank Say CBDC Securities Settlement Test a ‘Success’

The experiment was undertaken as a delivery vs. payment project, with tokenised securities handled using TARGET2-Securities. Banque de France has announced that its experiment with a central bank digital currency for the settlement of listed securities was successful. The experiment, which also involved Switzerland’s SEBA Bank, Banque Internationale à Luxembourg, and central securities depository service […]

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Digital Yuan is near but Chinese Banks Are not Ready for It

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As digital currencies continue to gain popularity and hype around the world, countries are taking various approaches to integrating the revolutionary technology into their society. While some countries are looking to regulate existing crypto […]

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