Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin has been the growing center of attention over the past few months. Now, Bitcoin is featured on financial news sources at least a few times every day. As countries, companies, and investors still […]
Category: STO News
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 […]
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 […]
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 […]
The Exodus of Crypto Miners from China is Bullish News
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. China has, once again, been interfering with the crypto industry. Most recently, the country has begun shutting down vast amounts of its Bitcoin mining facilities. This will result in an estimated 90% of mining […]
99% of Cryptocurrencies are ‘Overpriced’ per DCG’s Barry Silbert, But ETC Isn’t One of Them
Digital Currency Group, the parent company of the world’s largest digital asset manager, Grayscale Investments, announced this week that it would be purchasing $50 million worth of shares of Grayscale Ethereum Classic Trust (ETCG). The company will be using cash on hand to fund the purchase that will be made on the open market. This […]
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 […]
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 […]
Investing in 1inch Network (1INCH) – Everything You Need to Know
What is 1inch Network (1INCH)? The 1inch Network (1INCH) functions as a multi-chain DEX aggregator and DeFi ecosystem. The protocol integrates a proprietary aggregation system that is able to scan multiple DEXs (decentralized exchanges) in search of the best prices and rates. As such, the network and its token have seen considerable adoption since launch. […]
The World is Becoming Divided by Crypto Adoption
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Cryptocurrency is in a strange position globally. In Paraguay, legislation for crypto adoption is being drawn up. In El Salvador, Bitcoin has already been approved as legal tender. And in Portugal, their central bank […]