The XRP Army is looking to revolt following the latest Ripple Labs’ 500 million XRP dump in the market. A prominent figure in the Twitter battalion, BitLord, who made a name praising XRP is looking to initiate a fork on the blockchain following the quarterly dumps by the token’s largest custodian. The investors are losing […]
Category: STO News
SEC Chief Jay Clayton: We Are “Not Looking to Expand Securities Laws.”
The SEC continues to avoid discussions on possibly updating its securities laws. The current laws on-the-books go back some 85 years and many claim they have become outdated in today’s digital world. The SEC refuted claims that it is “standing in the way of progress,” despite operating a clunky regulatory regime that is likely pushing […]
Tokenized Shares of UK Student Accommodation Block Sold By Smartlands
Smartlands, the security token platform, has announced that it has successfully closed the sale of security tokens meant to represent shares of a student accommodation block in Nottingham, UK. Representing a milestone in security tokens within the real estate sector, Smartlands has just finished a deal for a property valued at £12.06 million in Sept, […]
U.S. SEC Settles with Bitqyck After Alleged Fraud and $13 Million Unregistered Securities Offering
On August 29th 2019, the U.S. Securities and Exchange Commission (SEC) announced a settlement with Bitqyck and its founders. The settlement stems from charges by the SEC which include fraud, false promises to investors, personal expenses of over half a million dollars paid directly by investor funds, and unregistered securities offerings. Bitqyck and the SEC’s […]
MERJ Exchange Partners with Globacap to Offer Security Tokens to EU and UK Investors
As of August 29th 2019, MERJ Exchange— the national stock exchange of Seychelles— announced a partnership with Globacap. The deal is said to offer regulatory compliant security tokens to investors based in the UK and across the EU. MERJ Exchange and Globacap’s Partnership Explained MERJ Exchange is the national stock exchange of Seychelles. In May […]
Stephen McKeon, Chief Strategy Advisor of Security Token Academy – Interview Series
Stephen McKeon is the Chief Strategy Advisor of Security Token Academy. He is also an Assoc. Professor of Finance at University of Oregon and Partner at Collaborative Fund. When did you first become interested in blockchain technology? I first learned about Bitcoin in 2013, but was busy working on a startup and tenure so […]
China’s Love with Tether (USDT) Signals a Bullish Trend in the Cryptocurrency Market
Chinese cryptocurrency traders are building a strong trading relationship with Tether (USDT) as the stable coin remains the best traded asset in the crypto world. According to Coinmarketcap charts, the token holds 33.63% of all trading volume across the cryptocurrency exchanges. Most of this volume seems to be originating from the Asian traders as the […]
So, You Wanna Tokenize: ConsenSys’ Lex Sokolin Explains How to Begin
Tokenization is a hot topic in the crypto industry–but how do companies go about it in the first place?
Amid Lawsuits, XRP Tokens Are Faring Bad In The Market as Ripple Investors React
Ripple’s XRP tokens are certainly not a great investment. At least that’s the take that most holders have right now. XRP is on a huge downtrend since its all-time high and is seeing its value drop. The token is trading at $0.25 USD at the moment, 90% down from its highest value, $3.30 USD. Amid […]
New Binance Report on China’s Digital Currency Says It Will Be Two-Tiered And Replace Cash
One of the largest crypto exchanges of the world, Binance, has recently commented on China’s alleged plans to create its own digital currency. According to the exchange, the new token will most likely be a two-tiered system that will be used to replace all fiat currency currently in circulation in the largest nation of the […]
