Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. While Congress holds hearings on how to define digital assets, the SEC took this task upon itself recently. The first major ruling is that common DeFi lending protocols must register as securities products—something that’s […]
Tag: STO
New Draft Bill Mandates Stablecoins be 100% Backed by Reserves
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. US Congressman Josh Gotthiemer has drafted a new bill that seeks to provide clearer legislation on stablecoins. The bill allows banks and non-banks to issue stablecoins but mandates them to back their digital assets […]
Bybit signs record-breaking $150M deal with Redbull’s F1 team
Red Bull’s Max Verstappen won the F1 title in 2021 The record-breaking deal will also see Bybit work with Red Bull Racing on fan tokens and blockchain education programs. Bybit has announced a multi-year sponsorship deal with Oracle Red Bull Racing, becoming the Formula One team’s first-ever ‘Principal Team Partner’. ByBit also becomes the […]
New US Bill to Protect Self-Hosted Wallets from Federal Agencies
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. American Congressman Warren Davidson, recently introduced a new bill on the floor of congress to protect self-hosted crypto wallets from government tampering. The new legislation seeks to prevent Federal agencies from restricting a person’s […]
Market highlights February 16: Bitcoin battles global uncertainty at $44K
Events in Russia have dominated market sentiment. Prices pushed higher on optimism over the official recognition of crypto in the country, before dropping back down on concerns about the Ukraine conflict. Elsewhere, more volatility was catalyzed by hot US inflation figures coming in at 7.5%, and the seizure of $3.6 billion in hacked Bitcoin by […]
With 2,000 New Hires, Coinbase Plans Big for Web3
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When digital assets are ill-defined and poorly regulated, it pays to get ahead of the regulatory game. Coinbase (COIN), the largest crypto exchange in the US, played this game well. Coinbase Trusted by Institutions […]
Bittrex explores listing of Tezos tokens
Bittrex Global says it is looking at adding support for Tezos tokens FA1.2 and FA2 Bittrex Global, a top digital asset exchange that ranks among the world’s largest, is exploring the listing of two Tezos-based tokens, the exchange said in a press announcement shared with CoinJournal on Tuesday. According to Bittrex, the two tokens under […]
Crypto Under Scrutiny as the Canadian Government Declares Emergency
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, Canadian Prime Minister Justin Trudeau invoked the Emergencies Act—effectively declaring a national public order emergency—in a bid to give the federal government extraordinary temporary measures to handle ongoing protests that started off […]
The best cryptocurrencies to buy for easy passive income
There are many ways to make money in the crypto market. But most of these ways require that you are an active investor, looking at charts daily and making moves. But it is also possible to make passive income in crypto, and here is how: You can stake certain crypto assets and earn a return […]
Want to follow Institutional Capital? Watch these 3 altcoins
It’s very common for individual investors to follow institutional capital or what is often called smart money. Well, crypto has over the last few years warmed up to institutional investors, and here are some of the reasons why: Main crypto assets like Bitcoin and Ethereum are seeing adoption with insane market caps right now. We […]