As of late-July 2019, the Ontario Securities Commission (OSC) has announced it has reached a $50,000 settlement with Initial Coin Offering (ICO) consultant CoinLaunch. The regulator says the penalty is modest, but shows how a mere consultant— not just an issuer, seller, or buyer of tokens— can be subject to securities laws. ICOs and Securities […]
Category: STO News
Basic Attention Token Price Prediction Today: Daily (BAT) Value Forecast – July 29
The price will continue its range bound move below the EMAs , if the bulls fail to break above the EMAs. Meanwhile, the BAT /USD pair is still in a range-bound move between the levels of $0.30 and $0.40. BAT /USD Medium-term Trend: Ranging Resistance Levels: $0.36, $0.38, $0.40 Support Levels: $0.32, $0.30, $0.28 Last […]
Long Island Tea Corp Under FBI Investigation for ‘Long Blockchain’ Rebrand
Long Island Iced Tea Corporation is under investigation by the FBI for their name change in 2017 to “Long Blockchain.” The FBI claims that the company was involved in insider trading and fraud. The FBI is looking closely at a notorious incident which occurred in December 2017. Long Island Tea Corporation rode off the blockchain […]
Security Token Offerings from SMEs & Boutique Companies
Boutique Offerings One of the draws towards the issuance of a security token is the opportunity that the process affords SMEs. Companies that are early stage and boutique (small & on trend), and would not be able to easily raise capital otherwise, now have a means to do so, and can jumpstart the development/expansion of […]
Bitfinex Lists RenrenBit Token for Spot Trading
The trading was enabled at 10 am UTC on Monday.
12 Year Old Crypto-Genius Gets His Token Approved By the SEC
Pocketful of Quarters, a startup which specializes in crypto-related gaming, has received a green light from the SEC. It is the first Ethereum token to not be considered a security—and created by a 12-year old, no less. George Weiksner is the CEO of Pocketful of Quarters and he also happens to be only 12-years old. […]
Galaxy Digital Receives FINRA Approval to Underwrite Public Securities Offerings
As of late-July 2019, Galaxy Digital Holdings has announced that the Financial Industry Regulatory Authority (FINRA) has approved the business expansion of its broker-dealer, Galaxy Digital Advisors LLC. As a result, Galaxy Digital Advisors can legally underwrite registered public securities offerings. Galaxy Digital’s FINRA Approval Explained Galaxy Digital is a merchant bank with a focus […]
StartEngine Receives Broker-Dealer Approval and Plans New Platform
The popular private securities marketplace StartEngine received its Broker-Dealer approval this month. The firm seeks to expand its capabilities in the tokenized security sector. Now, StartEngine can provide services to all 50 states via its fully regulated platform. Reg A+ Funding StartEngine Primary is a subsidiary of StartEngine Crowdfunding Inc. The firm registered with the […]
Stablecoins – Are they Gimmicky or Trendy?
Stablecoins These blockchain based assets known as stablecoins, are digital tokens which are pegged to another asset. This pegging usually links the digital assets to FIAT currencies on a 1:1 basis, attempting to mimic their stability. The entire purpose of these assets is to provide investors with a blockchain based form of payment, while experiencing […]
CEX.IO Looking to Support Security Token Offerings
According to reports, London-based cryptocurrency exchange CEX.IO is looking into support security token offerings (STOs) on its platform. Many cryptocurrency exchanges have begun actively considering holding STOs in the past year, indicating a new trend in the industry. CEX.IO may be the next one to jump on board, according to an official at the exchange. […]
