Binance, the world’s largest cryptocurrency exchange by trading volume, says it is trying to get two licenses in the Philippines. These are the virtual asset service provider (VASP) and the electronic money issuer (EMI) licenses. The VASP license is to enable the exchange to legally facilitate the trading of cryptocurrencies in the Philippines […]
Tag: STO
FlyCoin Inks Partnership with BitGo
FlyCoin, a cryptocurrency-based travel rewards company, announced on Wednesday that it had signed a partnership with BitGo, a digital asset financial services provider. According to the press release, with BitGo’s US Qualified Custody Solution, FlyCoin will hold a significant portion of its minted cryptocurrency token, FLY. Earlier this year, FlyCoin raised $33M in seed funding. […]
Japan Could Abandon Token Screening Rules, Report Says
The Japan Virtual and Crypto Assets Exchange Association (JVCEA) is in talks to decide whether to jettison its current cryptocurrency token screening procedures, Bloomberg reports. JVCEA currently requires local cryptocurrency exchanges that want to list new tokens to undergo a screening process. However, this could change soon, private sources told the outlet. According […]
Regulatory Update – Gemini Prepares to Fight for BTC Spot-ETF, PayPal Receives BitLicense, and more
Regulation of the digital asset sector has become a clear focus as of late, with proposed bills being put forth that would see the CFTC commandeer oversight of digital assets, to a potential ban on coal-based mining. The following are a few further developments – positive and negative – from recent days. Grayscale Readies to […]
Japan crypto exchanges may scrap current token screening system: report
Token listing on crypto exchanges in Japan could soon become a lot swifter than it currently is, reports say. The idea is that exchanges may not have to wait too long before listing a digital token due to an equally very long screening process. According to a report Bloomberg published on Wednesday, the Japanese government […]
Senators Introduce a Bill Giving Crypto Regulatory Oversight to the CFTC
The regulatory framework for cryptocurrencies in the US is about to change following the bill introduced by Senator Cynthia Lummis and Senator Kirsten Gillibrand. The bipartisan bill introduced by the two legislators surrounds crypto regulations. The Responsible Financial Innovation Act represents some of the most comprehensive legislation surrounding the crypto space that have been addressed […]
SEC Plans to Investigate Binance Over ICO: Could BNB be the Next XRP?
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Securities and Exchange Commission (SEC) has reportedly opened an investigation into Binance over its BNB token’s 2017 initial coin offering. The agency is allegedly looking into whether the token’s selling qualifies as a […]
Skycoin’s Brandon Smietana Discusses the Role of Distributed Ledger Tech in WEB 3.0
This is an interview with one of the world’s most creative and talented blockchain and cryptocurrency developers, Brandon ‘Synth’ Smietana, the Co-Founder of Skycoin, whose company develops software and hardware for decentralized networking and data storage. He was among the blockchain pioneers who took part in writing Bitcoin’s source code with one of the […]
Ethereum Roundup: ApeCoin Won’t Abandon Ethereum, Arthur Hayes Still Believes ETH Will Hit $10k By Year-End, Fidelity Warming Up to Ethereum
Here are the developments around the Ethereum ecosystem from the first week of June: ApeCoin community proposes to dedicate to Ethereum The ApeCoin Community last Friday tabled a new proposal that would see the APE token remain tied within the Ethereum ecosystem. The voting stage for the proposal (AIP-41) is set to run until tomorrow, […]
US Cryptocurrency Bill Proposes Treating Bitcoin as a Commodity
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Tuesday, Sen. Cynthia Lummis (R-WY), together with Sen. Kirsten Gillibrand (D-NY), introduced the Responsible Financial Innovation Act. The bill aims to reach a balance between consumer protection and safeguarding digital asset innovation. Most […]
