Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. With heavy baggage under its belt, Robinhood’s Q2 2021 numbers suggest it has powered through much of the ill will it generated. eToro posted strong numbers for Q2, but the firm has yet to […]
Tag: STO
JPMorgan Discloses Owning Coinbase (COIN) Shares Which Gets A New Target 61% Above Current Price
Banking giant JPMorgan disclosed in a filing with the US Securities and Exchange Commission (SEC) that it owns 62,589 shares of Coinbase as of June 30. As of writing, the shares of COIN are trading at $258.24, down from its all-time high of $429.54 hit briefly on its trading debut on Nasdaq in mid-April. This […]
Bakkt CEO Says Consumer Spending Will Evolve into “Pay with Anything”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Courtesy of the recent advancements in permissionless and decentralized technologies, it has become feasible to turn anything into a trustable digital asset. The trend has found its way into numerous fields, fueling the creation […]
Saylor’s Latest BTC Acquisition is 20% Costlier than Last: New BTC Bottom?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin’s recovery seems to be on track. The last time Michael Saylor bought thousands of Bitcoins, they were 20% cheaper. Nobody knows if this is a signal for the new bottom toward $100k, but […]
Digital Assets “Not Regulated by the CFTC,” Even if They Are A Commodity: CFTC Commissioner
One of the Commissioners of Commodity Futures Trading Commission (CFTC), Dawn D. Stump, released a statement on Monday detailing the agency’s regulatory authority over digital assets. She said, “The CFTC’s regulatory oversight authority, as well as the application of our enforcement authority, must be well understood by the public. Only then can proper regulatory compliance […]
Swiss Companies to Offer Institutions Tokenized Assets Built on Tezos (XTZ)
A trio of Swiss-based crypto-friendly banks has announced plans to offer regulated tokenized assets using the Tezos blockchain. The banks are Crypto Finance, InCore Bank, and Inacta. Regulated Trio Team Up with Tezos to Create Tokenized Assets Tezos was chosen because of its unique blockchain. The network is self-upgrading, which enables the activation of essential […]
Cryptocurrency not protected by law says Chinese Court
The plaintiff lost over $10,000 in 2018 amidst the Chinese Central Bank’s ban on financial institutions supporting crypto transactions The High Court of China’s Northern Shandong province has publicly stated that investments in digital assets like cryptocurrencies are not protected by the law. The comment was made while the bench was reviewing the decision of […]
Financial Industry Is Witnessing A Seismic Shift in Adoption of Crypto Assets; Could Replace Cash Within 10 Years: Deloitte
Satoshi Nakamoto’s original plan of revolutionizing the financial landscape is gradually coming to the fore. According to a report by one of the Big Four accounting firm Deloitte, more businesses and professionals are open to the idea of digital assets playing a role in their operations in the future. Crypto May Rival or Replace Fiat […]
PayPal’s Crypto Offering Reaches UK, Powered by Paxos
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Online payment giant PayPal aims to expand its crypto offering to the UK, allowing British customers to buy, hold, and sell digital assets as soon as this week. This marks the first step in […]
BlackRock Buys BTC Mining Stocks – Is This Really Bitcoin ‘Exposure’?
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The institutional investment firm, BlackRock, has revealed via a SEC filing they have invested in two Bitcoin mining companies. One of BlackRock’s aims by doing this is to gain exposure to BTC via indirect, […]
