PAX is currently available as an ERC-20 token on Ethereum.
Category: STO News
Jaguar Land Rover Will Reward Data-Sharing Drivers with IOTA
“There is no Jaguar coin, no BMW coin, but one universal token for this machine economy,” said the crytpocurrency’s cofounder.
SeedInvest Wins FINRA Approval
Circle-backed startup SeedInvest has received a FINRA approval. Its Alternative Trading System (ATS) will now be able to offer ICO tokens sold as securities. Boston-based blockchain startup SeedInvest has received FINRA approval and can now offer and sell security tokens. Providing secondary market liquidity, its Alternative Trading System (ATS) will be able to legally host […]
Ripple’s Cryptocurrency Token Plunges Under $0.30 XRP/USD as Investors’ Worry Starts to Creep In
XRP, one of the largest digital currencies in the market, has fallen under $0.3 a very important region for the digital currency. In terms of Bitcoin (BTC), XRP has fallen to the lowest point since September 2018. Investors are currently worried about the future of the coin and the new competitors that it has in […]
U.S. SEC Releases Detailed Agenda of 2019 FinTech Forum on May 31st
The U.S. Securities and Exchange Commission (SEC) has provided an agenda for its upcoming 2019 FinTech Forum. Hosted in Washington, D.C. and open to the public, the forum will feature four panel discussions centering upon the integration of Distributed Ledger Technology (DLT) and the capital markets industry. The SEC’s 2019 FinTech Forum Agenda and Plans […]
SBI Holdings to Host Security Token Offering in 2019
Pondering an STO SBI Holdings has recently released a financial report, detailing the health of their various business ventures. In this report, it was announced that after experiencing a successful first year in the world of cryptocurrencies, they are intending on hosting an upcoming STO in 2019. While they intend to host an STO this […]
Leading Japanese Law Firm Nagashima Ohno & Tsunematsu Provides Commentary on the New Payment Services Act for Cryptocurrencies
On March 15th 2019, a bill was submitted to the 198th session of the Diet to amend the Payment Services Act. The proposed bill would clarify digital securities in Japan. A bill is being considered in the Diet which could have serious ramifications for security token offerings in Japan. Currently the Payment Services Act (PSA) […]
Atonomi Token Accused of Offering Unregistered Securities Could Return $25 Million to Investors
Atonomi Token, a virtual currency that was released to the market is currently facing some legal issues after being accused of selling unregistered securities. The information was released by the recognized cryptocurrency lawyer in the community, Stephen Palley, on April 26. NEW federal class action lawsuit in Washington State seeks return of $25 million on […]
The Security Token Ecosystem – STOs Q1 2019
The State of the Security Token Ecosystem. We sampled 150 STOs and you can see their distribution in the outer circle. The article The Security Token Ecosystem – STOs Q1 2019 was first published on Security Token Network.
Polymath’s Chief Product Officer Says That Security Tokens Are Even Better Than You Think
Utility tokens versus security tokens: what’s the difference? According to Polymath’s Chief Product Officer, the future lies with security tokens because they make the most sense as a financial instrument. Tokenizing equity is one idea commonly applied to security tokens, but for Polymath’s Chief Product Officer Thomas Borrel, this is just the tip of the […]
