Approval Granted In a first for Malaysia, the Fusang Group has been awarded a licence by the Labuan Financial Services. This licence permits the Fusang Exchange to legally offer and trade digital securities. In addition to this new ability, Fusan will be able to offer their clients access to fiat and cryptocurrencies, as well. The […]
Category: STO News
Polymath Proves DEX Security Token Concept
The security token launch platform Polymath recently partnered with the decentralized exchange (DEX) Loopring. The partnership allowed Polymath to prove that their ST-20 tokens can remain compliant in secondary markets. The test results showcased this ability as the developers completed their tests successfully. Two tests were conducted. Both tests involved trading an ST-20 token with […]
Binance Adds Basic Attention Token and Tether (BAT/USDT) Trading Pair
Binance has made a new announcement on its official blog that a new cryptocurrency pair will start to be traded there: BAT/USDT. According to the largest crypto exchange in the world, the new pair will be available today, March 4, 10:00 am (UTC). About Basic Attention Token (BAT) The Basic Attention Token (BAT) was created […]
RChain’s Recently Released Financials Show Substantial Losses Despite $22.2 Million for Its ICO
RChain, a company that has set out to become the completion of Ethereum, published the financial statements to show the comparison between last year and this one. The statement from 2018 showed that the cooperative was able to reach $22.2 million in income, based on the sales they made of its own token, along with […]
Circle Eyes Tokenized Securities with SeedInvest Acquisition
Done Deal A deal that was first announced in October of 2018, has officially been completed – Circle has acquired SeedInvest. While announced in October, approval from FINRA was required, resulting in the delayed confirmation given today. This deal is of more significance than most. It marks the entrance of a major company in the […]
US State Legislators Submit Bill to Exempt Certain Blockchain Assets from Securities Laws
On February 27th 2019, state lawmakers from the U.S. state of Rhode Island filed House Bill 5595 which, if passed into law, would effectively exempt some blockchain-based tokens from securities laws and regulations. Rhode Island Drafts Legislation to Exempt Securities Laws House Bill 5595 was filed last Wednesday in Rhode Island. The bill states that […]
Facebook Cryptocurrency Insight: Will a Native Social Media Token “FaceCoin” Have Any Value?
Will Facebook’s Potential Virtual Currency Launch Have Any Real-World Uses or Value for Social Network Users? In a recent article released by Wired, they ask the question of which is the value that a Facebook cryptocurrency would have in the market. During the last few months, there were several reports related to Facebook launching its […]
Fusang Launches the First Asian Tokenized Securities Exchange
The Malaysia licensed exchange will offer primary listings of public companies and digital assets.
DX.Exchange Partners with Perlin to Open Up New Markets
DX.Exchange and Perlin to Usher in ‘Bottom Billion’ When DX.Exchange first launched, many were skeptical on the viability of their plan to tokenize ‘blue chip’ stocks. After avoiding a potentially disastrous platform breach in their first week, the young exchange has successfully delivered on their promise. One of the driving factors for structuring their exchange […]
CoinCasso ICO (CCX Token): Cryptocurrency Exchange & ATM Network
What Is CoinCasso? CoinCasso is a multi-functional exchange platform that combines the benefits of decentralized and centralized exchanges with the aim of eliminating the inefficiencies of current exchange platforms while prioritizing the needs of the CoinCasso community. CoinCasso also seeks to develop the cryptocurrency market by providing its users with more transparent products and rewarding the […]
