Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On September 7, El Salvador officially adopted Bitcoin as legal tender, making the cryptocurrency an accepted means of exchange for goods and services. While El Salvador is the smallest country in Central America, its […]
Tag: STO
Weekly Report: Panama legislator wants the government to accept BTC and ETH as payment methods
El Salvador officially adopted Bitcoin as legal tender this week, with the broader cryptocurrency market seeing a flash crash on Tuesday. Here is a rundown of other top stories US regulator probes Uniswap Labs The Securities and Exchange Commission’s (SEC’s) regulatory eye has now fallen on Uniswap Labs, developer of the largest decentralised finance (DeFi) […]
MasterCard acquires crypto intelligence firm CipherTrace
MasterCard has continued expanding its presence in the cryptocurrency sector, with the latest reports detailing it has completed the acquisition of CipherTrace Yesterday, MasterCard disclosed that it had reached an agreement to acquire crypto tracing firm CipherTrace. The financial services giant plans to adopt CipherTrace’s services into its platform to improve cybersecurity around its digital […]
Xochitl Cazador, Head of Ecosystem Growth at Celo – Interview Series
Xochitl Cazador is the Head of Ecosystem Growth at Celo, a mobile-first platform that makes financial dApps and crypto payments accessible to anyone with a mobile phone. Could you share the genesis story behind Celo? Celo’s mission is to build a financial system that creates the conditions for prosperity — for everyone. The word Celo […]
Four Years After the Act, SEC Charges Issuers for An $18 Mln Unregistered ICO
This week, the US Securities and Exchange Commission (SEC) charged Steven K. Sprague, President of Rivetz Corp and CEO of Rivetz International SEZC, and both the companies with conducting an illegal, unregistered offering of securities through an initial coin offering (ICO). It raised $18 million in Ether through this ICO that was not registered with […]
The Gambling Industry is Starting to Seriously Look at NFTs
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The NFT landscape is set to intersect with gambling, as Evolution Gaming announces the purchase of four CryptoPunks – which will be used as prizes for their slot machine games. This is the latest […]
WallStreetBets App to Bring DeFi and CeFi Closer Together
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The WallStreetBets app (or WSB DApp) has revealed a strategic partnership with Balancer, a DeFi automated market maker protocol. This company will bring exchange-traded portfolios to the platform, as well as add additional legitimacy […]
OpenSea Daily Trading Volume Declines 67% From August Peak
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Daily trading volume on OpenSea, the largest marketplace for non-fungible tokens (NFTs), has slowed down sharply. While daily volume was north of $320 million at its peak in late August, it fell to around […]
Visa looking to provide crypto services to banks in Brazil
A top executive of the California-based financial service firm revealed plans to introduce crypto payment cards in the region Global payment solutions firm Visa has announced that it plans to launch and implement the integration of Bitcoin and other cryptocurrencies into its platform in Brazil. The new operating model would eliminate intermediaries, thus enabling users […]
Sen. Warren Takes Aim at DeFi Services – Citing Lack of Oversight
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Blockchain-based Decentralized Finance (DeFi) is widely recognized by some within the banking sector as an existential threat, as highlighted in an article by the New York Times. Reacting to their concerns, regulatory bodies are […]
