This week, the tokenized securities trading platform iSTOX achieved a monumental milestone after the Monetary Authority of Singapore (MAS) granted the firm permission to begin operations. The news symbolizes a further maturing of the Asian blockchain market, as well as, the official entrance of a major player in the region. iSTOX receiving the go-ahead from […]
Category: STO News
Tron Users Call On Founder Justin Sun To Burn TRX Supply As It Crosses Over 1 Billion
Some of the TRON enthusiasts are accusing Justin Sun, TRON’s CEO, of lying about TRX’s fixed amount supply, with Misha Lederman calling on him to keep TRX at below 100 billion. A few TRON fans have expressed on Twitter their negative feelings about Sun and the deception they think he brought to their community. The […]
Academic Researchers: Utility Tokens are Securities Under EU Law
On February 3rd, 2020, a group of academic researchers revealed their findings concerning the distinction between utility tokens and other forms of digital assets. Ultimately, their research suggests the majority of utility tokens constitute ‘tradable securities’ under existing European Union (EU) law. What’s the Legal Classification of Utility Tokens in Europe? A group of academic […]
Researchers from Oxford University Faculty of Law blog Want All Tokens Regulated
A group of researchers from the Oxford University Faculty of Law blog shocked the cryptocommunity this week after putting forth a research paper that lists reasons why the EU should regulate all cryptocurrencies the same. Specifically, the paper focuses on the increased difficulty surrounding making consistent distinctions between utility and security tokens. Also known as […]
Gemini’s Winklevoss Twins Win Six Patents To Increase Usability Of Stablecoins
Gemini cryptocurrency exchange founders, Cameron and Tyler Winklevoss recently obtained patents related to six stablecoins, according to filing data obtained from the US Patent & Trademark Office. The filing information indicates that three out of the six patents, namely the 1st, 2nd, and 5th patents in their list all have something to do with altering […]
Security Token Platform iSTOX Graduates from Singapore’s Regulatory Sandbox
On February 3rd, 2020, iSTOX announced that it has received the regulatory green light to conduct full-scale security token trading in Singapore. The platform entered the Monetary Authority of Singapore’s FinTech sandbox back in May of 2019. Since that time, iSTOX has received a number of notable backers and even completed a ‘first-ever’ in the […]
MAS Green Lights iSTOX for Full Operation
The platform will tokenize unlisted companies, along with other assets.
Ethereum (ETH) Miners Holdings Set to Break an ATH
Stable and undisrupted accumulation over the last three months suggest high confidence levels in the project among the majority of miners Only 39.6% on Jan. 31st, 2020, of all ETH versus 54.6% from Jan. 1st 2019 moved within the last year The ETH holdings of miners are poised to break the all-time high. The last […]
PWC & Crypto Valley Association Release Yearly STO Market Report
As the STO market continues to expand, reporting has now taken center stage with investors and companies seeking more insight into the intricacies of the market, This week, PricewaterhouseCoopers (PwC) Strategy Switzerland and The Crypto Valley Association released their highly-anticipated Spring 2020 STO/ICO market report. This twelve-page document is packed with insightful information to help guide […]
MetalStream & MSGLD Security Tokens
The tokenization of precious metals continues to be an area of expansion within the security token sector. This week, MetalStream Ltd (LL16561) joined in on the action with the launch of the MSGLD security token. The news symbolizes another entry into the blockchain sector, as well as, a strong desire to bring the advantages of […]