In a blog post published July 6th 2019, Polymath announced the discontinuance of two projects along with the laying off of ten employees. The company says the move is congruent with its larger vision to bring regulated financial securities to the blockchain. Polymath Discontinuing 2 Projects Explained Polymath is shifting its focus by halting the […]
Category: STO News
Huobi Exchange FastTrack Phase 2 Launches: Two Project Announced In The Voting Competition
In an announcement released on all their official pages, Huobi Global confirms the second phase of FastTrack will launch on June 10th 2019. FastTrack allows token projects to gain listing on Huobi exchange in a voting competition for Huobi token (HT) holders. FastTrack Phase 2 comprises of several rounds – this particular round is the […]
Bitfinex Held Another Token Sale To Help Pay Back Tether And Investors
Claiming its LEO token sale only generated $100 million earlier this year, Bitfinex held another token sale, run by a crypto startup called Ampleforth, as the exchange continues to pay off an $850 million debt to its investors and Tether.
The Need for Interoperability in Security Token Protocols – Thought Leaders
A Short History of Tokens It’s been over 10 years since Bitcoin first introduced blockchain technology to the world. In that time, the list of potential use cases for distributed ledgers has expanded rapidly, from digital currencies, to supply chains, to identity management. At their core, however, many of these uses cases take a similar […]
Some Bitcoin-related Financial Products Could Be Banned in the UK Soon
The Financial Conduct Authority (FCA) of the UK is stepping up efforts to crack down on Bitcoin-related financial products. Bitcoin derivatives are in their crosshairs and we could see other Bitcoin-related products banned soon as well. The FCA is cracking down on Bitcoin-related products. According to FCA executive director Christopher Woolard: “Most consumers cannot reliably […]
Bitfinex Repurchases LEO Tokens with 27 Percent of Tokinex Revenue
The platform burned 1,920,061.10 LEO tokens, as of press time.
Singapore Considering to Exempt GST on Crypto Transactions
Stablecoins do not fall under the category of tokens for exemption.
London Block Exchange and Argento Access to Launch World’s First Bitcoin-Denominated Bond
Argento Access and the London Block Exchange (LBX) have announced their intention to issue the world’s first bitcoin-denominated bond. The bond would be settled entirely in bitcoin. In order for Bitcoin to be accepted as a currency, there must be financial vehicles pegged to it. Now, a collaboration is bringing bitcoin-denominated bonds to the market. […]
Bitbond and the Gibraltar Stock Exchange Plan to Cooperate
It has just been announced that the Gibraltar Stock Exchange (GSX) and Bitbond will be cooperating moving forward. GSX is one of the few stock exchanges exploring digital assets and securities. The Gibraltar Stock Exchange (GSX) has just announced it will be collaborating with Bitbond. Bitbond is a lending platform and parent company of Bitbond […]
Tezos chosen by BTG Pactual and Dalma Capital for Token Issuance
$1 Billion Pipeline BTG Pactual and Dalma Capital have announced that they will be utilizing the Tezos Blockchain to facilitate ongoing, and future, STOs. The hope is that Tezos will provide a future home/platform for an anticipated $1bn + in tokenized assets. As industry participants continue to develop and launch services helping to mature the […]
