Several blockchain-survey members of the U.S Congress have made calls to the U.S taxation authority, IRS, not to “overstate” the tax from proof-of-stake (PoS) tokens. In a letter addressed to the Internal Revenue Service (IRS), four members of Congress – Rep. David Schweikert (R-AZ), Bill Foster (D-IL), Tom Emmer (R-MN), and Darren Soto (D-FL) – […]
Tag: STO
META 1 Coin Threatens Securities.io with Litigation for Reporting on ICO Fraud
On August 4th, 2020 Securities.io was threatened with legal action by Robert Paul Dunlap, the legal advocate for META 1 Coin, the creator, owner, controller, and also one of the defendants in the Complaint filed by the SEC. The threat followed the publication of an article titled “SEC Files Charges Against ex-Senator David Schmidt” which […]
Increased Demand Leads Swiss State-backed Bank to Offer Bitcoin & Crypto Trading and Custody
A Switzerland-based state-owned bank, Basler Kantonalbank (BKB), will now be offering bitcoin and cryptocurrencies through its subsidiary Bank Cler, reported the local news. The bank spokeswoman, Natalie Waltmann, said, “We will launch an offer for the trading and custody of digital assets over the next year.” The bank has already hired crypto expert Alain Kunz, […]
Investing in Litecoin (LTC) – Everything You Need to Know
It would be impossible to venture into the crypto space for long without eventually running across one of the oldest and most reputable coins in existence – Litecoin (LTC). Litecoin is an open-ѕоurсe рееr-tо-рееr digital cash system similar to Bitcoin. Importantly, Litecoin was developed to improve on some of the shortcomings of the world’s first […]
Infinite Fleet raises $3.1M in private security token offering
A Space-based massive multiplayer online roleplaying game (MMORPG), Infinite Fleet raised most of the funding arrived in the form of Simple Agreements for Future Tokens Infinite Fleet’s developer announced last month that its first funding round for its security token was live, allowing the company to raise development funding by offering its EXO security token, […]
Polymath Launches ‘Token Studio 2.0’ on ‘Polymesh’ Digital Securities Blockchain
Token issuer Polymath has had a busy few weeks. Just over one month ago, the digital securities pioneer announced the launch of Aldebaran – the first iteration and testnet of the Polymesh blockchain. Now Polymath has announced version 2.0 of its ‘Token Studio’, a suite of token services, which now runs on the Polymesh blockchain. […]
Coinbase Teases 19 Cryptocurrencies They May List; Prices Jump Across the Board
One of the largest US based crypto exchange Coinbase has revealed that it is reviewing additional 19 cryptocurrencies for potential listing. The San Francisco-based crypto exchange has announced that the 19 cryptocurrencies are being reviewed as per its Digital Asset Framework which will determine if they will be listed on its popular trading exchange platform. […]
tZERO Update: Successes and Preparations for Capital Raise
As the digital securities sector continues to mature, there are a few companies leading the pack – one of which is tZERO. In a recently released recap of the company, and status of its various endeavors, new light was shed on what tZERO‘s next moves may look like. More Funding? Moving forward, tZERO is looking […]
Binance Opens Fiat-to-Crypto Trading Platform for the Australian Market; Ran by TravelbyBit Exec
Binance has launched a new fiat-to-crypto platform for the Australian market, a move that will enable its users from the down south to be able to buy digital assets as well as trade them against the local currency, AUD. The crypto exchange announced the milestone in a blog post on July 28, noting that Australians […]
DeFi App, Aave, Releases Aavenomics Upgrade as It Prepares to Launch Its Governance Token
Aave, the Ethereum based DeFi protocol, has released a tokenomics upgrade proposal dubbed ‘Aavenomics’ that will define its shift to a more decentralized governance ecosystem. The firm announced this milestone on July 29 via a medium blog, noting that it is another exciting phase for Aave. Aave’s founder and CEO, Stani Kulechov, has since confirmed […]
