TrustToken has introduced a stablecoin pegged to the Hong Kong dollar in a bid to tap into the fast-growing Asian market. The company currently owns TrueUSD, one of the world’s largest stablecoins. TrustToken will work in partnership with Legacy Trust, a crypto custodial service operating out of Hong Kong, to hold the fiat money that […]
Category: STO News
Securitize DS Token Protocol goes Open Source
The security token issuance platform, Securitize raised eyebrows amongst the cryptocommunity this week after releasing its DS Token code to the public. The move goes along with the crypto sectors long-held stance of open-source projects. Now, programmers from across the globe have a chance to test and advance the platform’s core coding. News of Securitize’s […]
JP Morgan to Start JPM Coin Trial, Considering to Tokenize Bonds
The bank is likely to start the limited trial of its digital currency by the end of this year.
€6.5 Million Luxury Property in France to be Tokenized on Ethereum
As of June 24th 2019, real estate is becoming tokenized for the first time in the country’s history. The deal is set to include Equisafe, Ethereum, and a luxury property located in Paris worth €6.5 million. The Tokenization of the AnnA Villa in France Explained Distributed Ledger Technology (DLT) continues to make waves in the […]
TrustToken Enters Asia, Launches HKD-Pegged Stablecoin
The company has now 5 fiat-pegged coins in offering.
What PoolTogether’s Lottery Can Tell Us About The Money Libra’s Backers Will Make
In PoolTogether’s Ethereum-based lottery, winners receive payment from interest earned on pools of the Dai stablecoin, while everyone else receives the price they paid for a ticket back. Backers of the Libra investment token, Facebook’s token released alongside Libra, will expect to earn a profit in a similar way.
DigiMax Designated ‘Exempt Market Dealer’ by OSC
Designation Granted DigiMax has recently announced that they have successfully been granted a designation as an ‘exempt market dealer’. This designation, doled out by the Ontario Securities Commission, will allow for DigiMax to issue digital securities on behalf of their client, without the need for a prospectus. As a result, DigiMax will see their advisory, […]
Bermuda-based Forthcoming Digital Asset Exchange Velocity Ledger Partners with HCL Cyber Group for Security Solutions
Announced June 20th 2019, Velocity Ledger has selected HCL Cyber Group to provide a suite of security solutions. Through the deal, Velocity Ledger has licensed the Helical information security management suite and HCL Cyber Group will provide security consulting services. Velocity Ledger and HCL Cyber Group’s Partnership Explained Velocity Ledger is a developing platform featuring […]
Binance Lists Second BEP2 Token, Opens Trading on Stablecoin Pairs
Elrond token sale will have a format of a lottery and the startup plans to raise over $3.0 million.
Reserve Bank of Australia (RBA): Crypto Not to be Used Widely in Country’s Payments Policies
Most people who exist within the crypto industry are hoping for it to receive widespread adoption and mainstream use in the next few years and there have been a few developments that have encouraged this vision such as JPMorgan’s announcement of their own crypto to Facebook releasing the whitepaper for their much anticipated Libra token […]
