Cryptocurrency prices are showing some signs of stabilizing on Monday after a sharp sell-off was triggered by the U.S. Securities and Exchange Commission (SEC) suing the two largest crypto exchanges, Coinbase and Binance, for selling unregistered securities, among other charges. The regulator also listed several crypto assets that it considers securities and should be registered. […]
Tag: STO
Bank of China Subsidiary Issues First Tokenized Security in Hong Kong
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bank of China arm BOC International Holdings Limited (BOCI) successfully issued $27.9 million worth of digital structured notes in Hong Kong on June 12, UBS announced on Monday. While BOCI becomes the first Chinese […]
Andreessen Horowitz Crypto to Open First Office in London
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Prominent venture capital firm Andreessen Horowitz (a16z) has announced plans to establish the first international office of its crypto practice in London. The move comes as US regulators, particularly the Securities and Exchange Commission, have launched […]
Bitcoin Rejected at $26K For a Consecutive Red Weekly Close, Alts Settle After Sharp Correction
Bitcoin (BTC) traced a sudden mild slump heading into the weekend as the majority of altcoins took a much heavier beating. The flagship cryptocurrency fell sharply from $26,700 on Friday mid-morning, bouncing off the $25,483 mark in the wee hours of Saturday. Altcoins faltered over the weekend Altcoin prices saw a much more significant drop, […]
Hong Kong Plans to Launch Regulatory Framework for Stablecoins by 2024
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Hong Kong’s central banking authority carried out a public consultation on the rollout of stablecoin, with plans to launch a regulatory framework for the digital asset by the end of 2024, local news agency […]
Enhancing Metaverse Integration: My Neighbor Alice Joins The Board of Directors of OMA3
Stockholm, Sweden, June 12th, 2023, Chainwire Riccardo Sibani, Chief Product Officer at My Neighbor Alice, represents the company on the OMA3 Board and contributes to developing a more interconnected metaverse. My Neighbor Alice, the fully-decentralized open-world game, is proud to announce that its Chief Product Officer (CPO) has joined the board of directors of OMA3 […]
Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday and Thursday, there was a net outflow of $3.1B through the Ethereum network alone. The US Securities and Exchange Commission (SEC) started by suing Binance, and its US affiliate that […]
Nigeria’s SEC orders Binance Nigeria Limited to stop operations
Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ. Nigeria’s SEC had previously said it viewed all crypto assets to be securities by default. According to a Friday […]
CFTC Declares Victory in Precedent-Setting Case Against Ookie DAO
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On June 9th, the Commodity Futures Trading Commission announced it had won its lawsuit against Ookie DAO. The result of the litigation sets a new precedent as it confirms that a decentralized autonomous organization […]
Robinhood Delists Tokens Native to Cardano, Solana, and Polygon
Robinhood is delisting three commonly traded cryptocurrencies, Cardano (ADA), Solana (SOL), and Polygon (MATIC), which were recently identified as securities by the Securities and Exchange Commission (SEC) in lawsuits against top cryptocurrency exchanges. The financial services provider offers commission-free trades on cryptocurrencies and other instruments. Robinhood Ends Support for Popular Altcoins “We regularly review the […]
