Bitfinex Securities El Salvador, a newly-established entity belonging to cryptocurrency exchange Bitfinex, has emerged as the first licensed digital asset service provider (DASP) in El Salvador. The licensing comes three months after El Salvador, the first country in the world to adopt Bitcoin as ledger tender, passed the Digital Asset Issuance Law. Bitfinex Secures License […]
Tag: STO
Bitfinex Becomes First Firm To Get El Salvador’s New Digital Asset License
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a press release from Tuesday, April 11th, Bitfinex Securities—the part of Bitfinex focused on the issuing of tokenized shares—recently acquired a new kind of digital assets-related license in El Salvador. The company […]
Crypto Marketcap Up 55% in 2023 So Far: Factors Driving the Rally
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. One day before Ethereum’s Shapella upgrade, Bitcoin broke the $30,000 psychological threshold. While the total crypto market cap is 84% down from its ATH set in November 2021, it has increased by 55% year-to-date. […]
Blockchain Firm Sei Labs Raises $30M in Funding Round
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Sei, a layer-1 (L1) blockchain focused on trading, bagged $30 million in fresh funding at a valuation of $800 million, according to a press release. Sei’s co-founder said the firm would use the new […]
Centralized Exchanges Look with Favor on Asia’s Friendly Regulatory Scene – Bitget, OKX, Gemini and Paxful
The intensified regulatory crackdown within the US digital assets sector so far this year has compelled crypto firms, including exchanges, to mull relocation to welcoming and less hostile jurisdictions. Though in justification, market regulators have alluded to the need to protect consumers; industry experts opine that the enforcement action approach could stifle innovation in the […]
Gate.io Crypto Exchange Confirms its SFC License Application
Gate Group, the owner of the Gate.io crypto exchange trading brand, has confirmed to apply for regulatory approval with the Securities and Futures Commission (SFC) in Hong Kong. It is, thus, another cryptocurrency platform that wants to join the local market before the new digital assets’ regulations take effect in June. Gate.io Awaits SFC Authorization […]
Coinbase Head of Exchange Announces Departure, Says He Has “A Lot to Build”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, April 10th, Vishal Gupta announced his departure from Coinbase, the company where he served as head of exchange. According to Gupta, he is very proud of his 2.5 years with the company […]
Gemini Allegedly Borrowed $100M From Winklevoss Twins
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a report from Monday, April 10th, the Winklevoss twins allegedly recently lent $100 million to Gemini—a cryptocurrency company they themselves founded. Gemini has been facing a series of issues since the collapse […]
Crypto Advocacy Groups Team Up to Fight Against Texas Anti-Bitcoin Bill
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, April 10th, the Chamber of Digital Commerce, the Texas Blockchain Council, and the Satoshi Action Fund started a campaign aimed at blocking Texas Senate Bill 1751. The bill seeks to protect the […]
Solana on-chain staking now on crypto exchange Crypto.com
Solana is a top blockchain network and its native SOL token ranks among the largest by market cap. SOL on-chain staking is now supported on Crypto.com. Investors can earn rewards of up to 5% when they stake SOL on Crypto.com. Solana on-chain staking is now available on Crypto.com, a leading cryptocurrency exchange based in Singapore. […]
