Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Within a broader initiative to regulate non-fiat markets and lower their risk, SEC Chair Gary Gensler aims to bring transparency to the digital asset markets. His most recent comments suggest a focus on stock […]
Tag: STO
Fidelity: Almost 80% of Institutional Investors Say Crypto ‘Should be’ in Portfolios
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The trading and investment platform, Fidelity Digital Assets, has released a study which found that 71% of institutional investors are planning to purchase or invest in digital assets at some point in the future. […]
BlockFi Issued ‘Cease and Desist’ Order Citing Securities Violations
Lately, service providers dealing with digital assets have become clear targets to regulators. The most recent company to find itself in this situation is none other than the wildly popular BlockFi. On July 19th, the New Jersey Bureau of Securities issued an order for BlockFi to cease offering ‘interest-bearing accounts (BIA)’. Cease and Desist This […]
After Binance, Huobi Is No Longer Serving Canada-based Users; ED Sends Notice to WazirX
Cryptocurrency exchange Huobi is no longer serving its Canada-based users and has given them until this year-end to close their position and withdraw their crypto assets. Huobi’s message to its users reads, “Regrettably, we can no longer provide services for Canada-based users due to compliance reasons. If you are one of them, please close out […]
Grayscale unveils new DeFi investment vehicle
The digital assets management firm, which has specialised in cryptocurrency investment funds, has made its entry into DeFi Grayscale, one of the world’s biggest crypto asset managers, confirmed yesterday via a press release that it would be launching a new fund explicitly dedicated to decentralised finance (DeFi) tokens. The new product would be released in […]
3 Key Takeaways From China’s E-CNY Whitepaper
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Recently, the People’s Bank of China (PBoC) published a whitepaper which provided an update on the country’s central bank digital currency. The paper dives deep into describing various stages of the digital currency’s development, […]
Mike Tyson teases crypto community on Twitter
The former professional boxer asked his Twitter followers for their opinion on crypto Legendary boxing personality Mike Tyson, who enjoys a fine following of 5.6 million Twitter users, has become the latest public figure to join the debate over which of Bitcoin and Ethereum is the better cryptocurrency. Via a Saturday post on Twitter, the […]
Binance Stops Selling ‘Stocks Tokens’ After Hong Kong SEC Issues a Warning
The Securities and Futures Commission (SEC) of Hong Kong issued a warning on Friday against the leading cryptocurrency exchange, saying Binance is not licensed to sell “stock tokens” in the city. Previously, other regulators have also raised concerns about Binance selling tokenized stocks, including Germany. Tokenized stocks are digital assets that are backed by the […]
US Rep, Tom Emmer, Reintroduces Bill Aimed At Defining Cryptocurrencies Under Securities Act
The United States Representative Tom Emmer has again introduced a bipartisan bill called the Securities Clarity Act. The bill is aimed at defining how federal regulators treat digital assets under securities laws. Crypto Bill Gets Democratic Co-Sponsors Backing Emmer first introduced the bill in September 2020, but it didn’t pass the Democrat-controlled House. The bill […]
Cardano Launches Latest Version Of Alonzo Testnet, Dubbed Alonzo White
Blockchain platform Cardano is getting closer to a final release of smart contracts on its mainnet. The firm announced the launch of another upgrade in the Alonzo testnet called Alonzo White. Cardano Expanding Support For Smart Contracts With Alonzo The Cardano team of developers, Input Output Hong Kong (IOHK), announced the successful hard fork of […]
