On March 27th 2020, the Central Bank of France announced plans to test a digital Euro. The experiment aims to test a digital version of the Euro in the area of interbank clearing and settlement — and its impact on monetary policy. Central Bank of France Testing a CBDC Explained Central Bank Digital Currencies (CBDCs) […]
Tag: STO
A Month in Review – March 2020
March has, unfortunately, been a dark month for the world. Nary an industry remains, that has not felt the effects of COVID-19. Despite this, there were select events over the past few weeks that brought positivity, as the world of digital securities and blockchain marches forward. This edition of ‘The Digital’ highlights a few of […]
Draper Goren Holm Adds Rodney Sampson as Venture Partner
The Los Angeles-based venture firm, Draper Goren Holm announced the addition of well-known Philanthropist Rodney Sampson this week. According to reports, Sampson is now a venture partner in the firm. As such, he will play a key role in identifying projects of interest to the group moving forward. The news showcases the further expansion of […]
Balancer Goes Live On Ethereum; Launching Token Exchange and Portfolio Manager DApps
Balancer, a Decentralized Finance (DeFi) Application, is set to go live on Ethereum’s mainnet after launching out of their closed beta version on March 31. This non-custodial portfolio Balancer has since announced the launch of a pool manager and token exchange in line with the latest advancements. The initiative comes at a time when crypto […]
TokenSoft Launches Major Wallet Upgrade
This week, the SEC-regulated security token issuance platform, TokenSoft introduced a major upgrade. The new functionality comes in the form of a self-managed wallet for traders. The revamped system promises to be an easy-to-use interface coupled with advanced safety measures. Notably, the upgrade falls in line with TokenSoft’s recent expansions in the market. Importantly, the […]
France’s Central Bank Requests Proposals For CBDC ‘Experiments’ To Show Use Cases
The Banque de France made public on March 27 a request for digital currency experiment applications, in an attempt to understand the mechanisms and risks CBDCs pose in the eurozone. France comes upfront when it comes to the digital currencies debate, being the eurozone member with the highest profile as far as launching a CBDC […]
NRI Issues First Japanese Tokenized Bond
This week, the IT service provider and consultancy company, Nomura Research Institute (NRI) became the first platform to offer blockchain-based digital bonds directly to Japanese investors. The news falls-in-line with the group’s overall goal to expand tokenization efforts in the Japanese market. Specifically, NRI issued two bonds. The first bond was a 25M yen ($232,000) […]
NEM Releases Symbol Blockchain Standards for Issuing Security Tokens
The popular cryptocurrency platform NEM stepped into the STO sector this week after developers released standards for the issuance of Security Tokens. Importantly, the standards are for NEM’s highly anticipated blockchain platform – Symbol. The maneuver demonstrates the further expansion of the security token sector, specifically in Asia. According to developers, the new standards detail […]
TokenSoft Partners with Ex-Military Cyber Firm Hub Security
This week, the token issuance platform, TokenSoft made major upgrades to the security of its systems via a partnership with Israel’s ex-military cyber firm Hub Security. The maneuver gives Tokensoft access to some of the most advanced security features in the world. As such, the partnership bolsters the firm’s market positioning in a major way. […]
Coinbase Wallet Users Can Now Earn Interest From DeFi DApps Directly In The App
The Coinbase Wallet has just integrated with decentralized finance (DeFi) apps in order to allow its users to lend crypto assets and track the growth of their interest straight from the wallet app. As an announcement made by Coinbase on Wednesday says, Coinbase Wallet users are already putting millions into DeFi platforms through the wallet’s […]
