The Government of the Hong Kong Special Administrative Region of the People’s Republic of China announced on Thursday that it has successfully sold more than $100 million worth of digital green bonds. This move by Hong Kong marks the first tokenized green bond issued by a government. Just a month ago, a Hong Kong official […]
Tag: STO
Global Financial Watchdog Zeroes in on DeFi
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Global financial watchdog FSB is looking to adopt measures to address vulnerabilities and data gaps seen in the fast-growing DeFi space, the authority said in a report issued on Thursday. The regulator argues that […]
Binance Anticipates Fines from US Regulators, Crypto Custody Services on SEC Radar, and More
The recent probe into Paxos’ BUSD stablecoin offering; first by the New York State Department of Financial Services (NYDFS) towards the end of last week and then by the US Securities and Exchange Commission (SEC) this week, has put some heat on Binance itself. A Feb 15 story by Wall Street Journal detailed that the […]
Taiwan Mulls Disclosure of Crypto Holdings for Public Officials: Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Ministry of Justice in Taiwan and the Independent Commission Against Corruption (ICAC) are looking to include cryptocurrencies in property declaration law for public officials, a local news outlet reported Thursday. The move comes […]
Binance Talks about Compliance Gaps and Expects to Pay Penalties
<p>Binance, one of the world’s largest crypto exchanges, has faced some <a href=”https://www.financemagnates.com/terms/c/compliance/” class=”terms__main-term” id=”569f58ee-534c-44f0-a7cd-f55b0f9a2b2a” target=”_blank”>compliance</a> “gaps” in the past and expects to pay fines to settle with US regulators, Patrick Hillmann, the company’s Chief Strategy Officer (CSO), admitted in a recent interview.</p><p>Binance Awaits Penalties for Past Regulatory Sins</p><p>According to Hillmann, Binance rose rapidly in […]
Bill to Protect an Individual’s Private Crypto Keys Passed in Ohio, WY
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Wyoming lawmakers have passed a bill that forbids the forced disclosure of private crypto keys by courts in the state in a civil or criminal case. Notably, the law does not apply when the […]
Robinhood Reports $3.7B January Crypto Volume, Up 95%
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Wednesday, February 15th, Robinhood published its operating data for January. While many of the provided numbers showed a notable increase from the last month of 2022, the broker’s cryptocurrency trading volume was perhaps […]
Polygon Update –Square Enix Partnership, zkEVM Mainnet Release Date, Clearpool Prime Launch and More
Tokyo-based video game developer Square Enix today announced a partnership with Polygon for an upcoming gamified art project. In line with its Web 3 gaming mission, the gaming company communicated plans to launch its new NFT game Symbiogenesis, first announced in November, on the Polygon network in Q4. Symbiogenesis NFT art game to launch on […]
Bitcoin Above $24K As Crypto Markets Recover From Regulatory Assault
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After a week of decline caused by a slew of enforcement actions against major players in the industry, Bitcoin renewed its 2023 rally and rose above $24,000 by Wednesday afternoon. The day also saw […]
Institutional Funds Update – DBS Bank, Grayscale, Citadel Securities, Ark Invest, and More
Notwithstanding the heavy losses witnessed across the crypto market last year and a new wave of regulatory enforcement actions this month, institutional outfits have maintained their belief in the sector. This conviction of a bright future for the digital asset sector is evidenced by several recent bets on crypto offerings and companies that bear direct […]
