The cryptocurrency market has taken a drop today. From its highs in the last 24 hours, Bitcoin has fallen more than 3.6% to as low as $50,590. The leading cryptocurrency had surged to $53,000 late on Sunday or early Monday. As for Ether, it slid more than 6.5% to $3,675 from its 24-hour high of […]
Tag: STO
UK’s top regulator admits being powerless to oversee crypto
The Financial Conduct Authority has limited authority over cryptocurrencies and other similar digital assets, according to its Chair Speaking at the Cambridge International Symposium on Economic Crime yesterday, the Financial Conduct Authority (FCA) chairman Charles Randell discoursed at great lengths on regulatory efforts. Randell implied that the regulatory body does not have adequate power to […]
New Bitfinex platform to “Eat the Lunch” of Stock Exchanges
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitfinex, the Hong Kong-based cryptocurrency exchange, has announced the launch of Bitfinex Securities, a new platform for trading tokenized equities and bonds. With this move, the exchange will be entering the world of traditional […]
Where to buy Mensa Protocol: MENSA surges by 207% as Bulls Prevail
MENSA, the native token of the Mensa Protocol, a decentralised lending platform, has joined the bull run with 207% gains in 24 hours Mensa Protocol (MENSA) has risen sharply in a day and looks poised for further growth. Decentralised finance (DeFi) tokens tend to do well and MENSA seems to be taking the lead. It […]
UK’s Financial Watchdog says, No Real-World Cash Flows Underpinning the Price of Digital Tokens, Not Even Bitcoin
Britain’s Financial Conduct Authority (FCA) said Monday that creating a regulatory regime for the cryptocurrency industry will take careful thought. Britain’s finance ministry already had a public consultation as to whether some crypto-asset promotions need regulation. “There are no assets or real world cash flows underpinning the price of speculative digital tokens, even the better […]
94% Financial Industry Pioneers say Digital Assets will Replace Fiat in 5-10 Years: Deloitte Report
An impressive 97% of the financial services industry (FSI) Pioneers and more than three-quarters of all respondents see blockchain and digital assets as a way to gain competitive advantage reports Deloitte 2021 Global Blockchain Survey. The survey was conducted between late March and early April 2021 as a way to gain insights into overall attitudes […]
SEC Sues now-Defunct BitConnect Founder for $2 Billion Fraud Conducted in 2017-18
The US Securities and Exchange Commission (SEC) has sued the founder of now-defunct cryptocurrency exchange BitConnect over its alleged role in fraudulently raising about $2 billion from thousands of retail investors from early 2017 through January 2018 without properly registering with regulators. Founded in 2016, BitConnect launched a digital token called BitConnect Coin that can […]
Binance.US and FTX.US Reveal Strategic Plans as US Crypto Market Heats Up
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. FTX.US, the US affiliate of the crypto derivatives exchange FTX, has unveiled its acquisition of Ledger Holdings Inc, the parent company of LedgerX LLC for an undisclosed sum. In addition, Binance.US targets an initial […]
Marketcap Breaches $1 Billion while ADDX Strikes Lucrative Agreement – Digital Securities Weekly
The overall digital asset market is booming right now – and that includes digital securities. This past week highlighted that, as both a sizable agreement was struck, while its market-cap hit an all-time-high. ADDX Strikes $200M Agreement It was just announced that Singaporean fund management company, ICHAM, has chosen to partner with ADDX in a […]
$1.5 Trillion Asset Manager Is the Latest to Staff Up to Invest in Bitcoin, Ether, and Other Crypto Assets
Asset manager giant Franklin Templeton is the latest one to join the cryptocurrency investor. While the firm spent years experimenting with blockchain technology, finally, it is hiring to get into cryptocurrency trading. Back in July, it backed crypto-focused Galaxy Digital fund, and now Franklin Templeton is looking for a trader and researcher to join its […]
