First FOMC Meeting of 2023 Brings a 25BPS Hike

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After the intensely-discussed Federal Open Market Committee meeting of January 31st and February 1st concluded, FED announced it would raise interest rates by another 25 basis points.  The decision brings the target range to […]

Read More

Marketo’s New Startup Raises $7.5M to Match Crypto Wallets to Their Owners

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 Wednesday report, Addressable, Marketo’s startup focused on Web3 marketing, recently raised $7.5 million. The company’s plan is to match cryptocurrency wallets to their owner’s social media accounts to help facilitate targeted […]

Read More

UK Treasury publishes consultation paper for upcoming crypto regulation

The UK financial services sector wants to be a leader in crypto regulation. The consultation paper addresses stablecoins, NFTs and ICOs. There however won’t be a separate regulatory system for the crypto space according to the treasury. His Majestry’s Treasury has published an extensive 80-page consultation paper for the much anticipated crypto regulation in the […]

Read More

StarOptions and B2G Promoter Gets 60 Months in Prison for Fraud

<p>On Tuesday, the federal court in Brooklyn sentenced John DeMarr to 60 months in prison for his role in a multi-million dollar cryptocurrency and <a href=”https://www.financemagnates.com/forex/aviv-talmor-gets-4-years-in-prison-for-22-million-utrade-fraud/” target=”_blank” rel=”follow”>securities fraud scheme</a>. The sentencing came after DeMarr pled guilty to one count of conspiracy to commit securities fraud in July 2021.</p><p>Additionally, the court ordered DeMarr to pay […]

Read More

Hong Kong Could Ban Algorithmic Stablecoins This Year

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Algorithmic stablecoins “will not be accepted” in Hong Kong, the city’s top financial watchdog HKMA said in the new “Conclusion of Discussion Paper on Crypto-assets and Stablecoins” document. Further, the regulator said issuers would […]

Read More

S. Korea Proposes Unified Crypto Disclosure System After WEMIX Fiasco

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. South Korea’s financial market watchdog, the Financial Supervisory Service, has put forward a proposal for a unified system for mandatory information disclosure from digital asset exchanges and crypto token issuers, Asia Business Daily reported. […]

Read More