The blockchain industry has delivered numerous products that have the potential to revolutionize the world. From the blockchains themselves to decentralized applications, the metaverse, decentralized finance, decentralized digital money, and it has even started the process of delivering the next version of the internet. However, there are also products such as digital securities, which now […]
Tag: STO
Cardano Vs. Tezos – What’s the Difference?
When you examine the discussion surrounding Cardano (ADA) vs Tezos (XTZ) it becomes evident that these networks are geared towards Dapp developers and blockchain creators. The networks offer advanced smart contract programmability, coupled with more scalability than earlier systems like Ethereum. As such, both of these projects have a strong following. Here’s everything you need […]
Japan Considering Taxing Startups with ICOs Only After they’re Profitable
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Japanese government is planning to review tax rules for crypto startups from 2023 and consider taxing crypto companies only when they generate profits from sales. The move is aimed at nurturing local crypto […]
Afghanistan Shuts Down 16 Exchanges Amid Crypto Crackdown
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Afghanistan authorities have shut down at least 16 cryptocurrency exchanges in Herat Province, according to a report by a local news outlet Ariana News. The move comes just a couple of months after Taliban-led […]
Tether Claims Stablecoin Issuers Acted Prematurely on Tornado Cash Sanctions
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Tether, the stablecoin issuer behind USDT, has come out to refute claims that it defied US sanctions regarding addresses linked with the embattled Tornado Cash. In a published statement, the company claimed that it […]
3AC’s Creditors Seeking $2.8B+ Granted Access to Local Assets in Singapore
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Three Arrows Capital’s (3AC) liquidator obtained approval from the Singapore High Court to investigate the crypto hedge fund’s local assets, according to Bloomberg. The court decision also grants the liquidator access to financial records […]
Large Securities Companies in South Korea Plan to Launch a Crypto Exchange in H1 2023
<p>Some of the largest securities firms in South Korea are on schedule to launch a virtual asset exchange in H1 2023, led by the Financial Investment Association. According to local news, the financial firms have applied for government approval to initiate the exchanges.</p><p>An official from one of the securities companies said: “The discussions necessary for […]
Miami Trio Charged For Defrauding Banks and a Crypto Exchange Of $4M+
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Tuesday, August 23rd, the Department of Justice announced the arrest of three men in Miami, Florida. The trio allegedly ran a scheme starting around 2020 in which they defrauded banks and a major […]
Celsius Sues KeyFi and Prime Trust For Millions of Dollars
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The bankrupt crypto lender Celsius filed two lawsuits with United States Bankruptcy Court for the Southern District of New York on Tuesday, August 23rd. It is accusing Jason Stone, the CEO of KeyFi, of […]
Solana (SOL) Extends Three-Month Run of Trading Below $50
The broader cryptocurrency market saw a steep plunge last Friday, with a significant liquidation volume north of $550 million logged in long orders. The total market capital fell below the crucial $1 trillion heading into the weekend as hopes of a positive weekly close petered out. Bitcoin led the retracement shedding more than $3,000 between […]
