Abu Dhabi, UAE, 20th February, 2023, Chainwire Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to provide startups with enterprise-grade solutions and simplify blockchain adoption for businesses. The collaboration between Venom Foundation and Hub71 will focus on accelerating the growth […]
Tag: STO
Tony Cheng, General Partner of Foresight Ventures – Interview Series
Tony Cheng is a General Partner of Foresight Ventures, a firm dedicated to backing the disruptive innovation of blockchain for the next few decades. They manage multiple funds: a VC fund, an actively-managed secondary fund, a multi-strategy FOF, and a private market secondary fund, with AUM exceeding $400 million. The team is composed of veterans […]
Cross-Border Payment Shortcomings Helped Crypto’s Adoption: FSB
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Klaas Knot, Chair of the Financial Stability Board (FSB), has said that some unfortunate events last year, including the collapse of some high-profile crypto companies, highlighted the intrinsic volatility of the industry in a […]
Hong Kong’s SFC Seeks Comments on New Digital Asset Regulations
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 Securities and Futures Commission (SFC) published a consultation paper on Monday, seeking public comments on its newly proposed regulatory regime for crypto trading platforms. The proposed rules state that virtual digital asset […]
Hong Kong’s SFC Consults on Allowing Retail Traders to Trade Crypto
<p>Hong Kong’s Securities and Futures Commission (<a href=”https://www.financemagnates.com/tag/sfc/” target=”_blank” rel=”follow”>SFC</a>) announced on Monday the launch of public consultation regarding regulating trading platforms for <a href=”https://www.financemagnates.com/terms/c/cryptocurrencies/” class=”terms__main-term” id=”b091101e-6e02-4b36-aa0e-7c972dfdd6ed” target=”_blank”>cryptocurrencies</a> and digital assets. Interested parties can submit their comments until 31 March 2023.</p><p>Hong Kong Opens Crypto Regulation Consultation Period</p><p>Starting from 1 June 2023, any centralized virtual asset […]
US SEC fines former NBA Star Paul Pierce $1.4M for crypto
The US SEC crypto crackdown does not seem to be fizzling out any time soon. Former NBA star Paul Pierce has agreed to pay $1.4 million to settle charges levelled against him by the SEC. The charges levelled on Pierce are related to the promotion of EMAX tokens The US Securities and Exchange Commission (SEC) […]
“Blockchain Has No Borders” CZ Denies Binance is Leaving the US
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A Friday report indicated that Binance is planning to leave the US and delist the tokens of projects based in the country. Not long after, the exchange’s CEO CZ took to Twitter calling the […]
Do USDT and USDC Stand to Benefit From the Potential Demise of BUSD?
After forcing crypto exchange Kraken to close its staking facilities, the US Securities and Exchange Commission (SEC) is now turning to stablecoins. Last week, Paxos, a prominent player in the stablecoin market, came under investigation by both the SEC and the New York Department of Financial Services (NYDFS). The company is responsible for issuing its […]
Real-World Assets on the Blockchain
<p>Blockchain technology has transformed our understanding of money and value. It has created an entirely new decentralized, secure, and transparent digital asset class. </p><p>Many people, however, still regard blockchain technology as merely a tool for cryptocurrencies. </p><p>In reality, blockchain technology has the potential to transform traditional finance through the tokenization of real-world assets, in addition […]
Binance Moved US Affiliate’s $400M Via Secret Access to Silvergate Account
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Thursday, February 16th, Reuters reported that Binance moved $400 million from the Silvergate account of its US affiliated to a trading firm listing Changpeng Zhao as its manager. According to the same report, […]
