Companies are always trying to come up with new ways to bring ease and efficiency to raising capital. With regards to blockchain based endeavours, we have seen the ICO, IEO, the STO, and now, what is being called the CSO. This novel way of raising capital is the brainchild of funding portal, Fairmint – A […]
Tag: STO
SEC Commissioner Peirce Releases Rule 195 Details
This week, SEC Commissioner Hester Peirce put forth a new proposition dubbed Rule 195. The proposed regulation would set forth new rules regarding digital assets and their classifications. As such, the rule could represent a dramatic shift in the US’s policy on cryptocurrencies. Commissioner Peirce released her new crypto bill at a speech held in […]
SEC Commissioner Peirce Releases Token Safe Harbor Proposal – A Time Limited Exemption for Tokens
This week, SEC Commissioner Hester Peirce put forth a new proposition dubbed the Token Safe Harbor Proposal, also known as Proposed Securities Act Rule 195 – Time-limited Exemption for tokens (“Safe Harbor Proposal”). The proposed regulation would set forth new rules regarding digital assets and their classifications. As such, the proposal could represent a dramatic […]
U.S. Federal Reserve is Examining Central Bank Digital Currencies
On February 5th, 2020, U.S. Federal Reserve Governor Lael Bainard said the U.S. central bank is currently ‘advancing its understanding’ of central bank digital currencies (CBDCs). Previously, the U.S. Federal Reserve showed no interest in a CBDC, but with the emergence of Libra, among other digital assets, the Fed’s view seems to have changed. Is […]
SEC Commissioner Peirce Proposes Three-Year Grace Period for Token Sales
On February 6th, 2020, U.S. SEC Commissioner Hester Peirce revealed a significant proposal at the 4th International Blockchain Congress in Chicago. She wants to give cryptocurrency projects a three-year grace period to develop a network and grow a decentralized infrastructure prior to being subject to U.S. securities laws. SEC Commissioner Peirce’s Three-Year Safe Harbor Proposal […]
Archax to Host Polymath Security Tokens on Upcoming Exchange
Mutual Aid With the launch of Archax’s anticipated digital assets exchange looming large, the importance of populating listed assets is crucial. What better company to fill this need than Polymath? – a seasoned company already responsible for the tokenization of more assets than nearly anyone. A mutual need was recognized between each company, resulting in […]
Securitize Receives Backing from Sony
In a sign of the changing times, the Japanese conglomerate Sony announced an investment into the security token issuance platform, Securitize. Sony now joins a long list of global tech giants entering the blockchain sector. This latest maneuver demonstrates the maturing of the Japanese security token market, as well as, a major milestone for Securitize. […]
What You Need to Know: Polymath Releases Polymesh Whitepaper
In May of 2019, Polymath announced plans to build a blockchain designed specifically for security tokens: Polymesh. Recently, the Polymesh whitepaper was released, outlying its core features which — in the eyes of Polymath — suggest a stark improvement for regulatory compliant security tokens when compared to Ethereum. The Polymesh Blockchain Explained When it comes […]
Security Token Group Releases the January 2020 STO Market Report
This week, researchers from the Security Token Group released the January 2020 STO Market Report. Importantly, the report is the first of a new monthly STO market series. The data delves deep into the current state of the market and all of the developments that occurred throughout January. Importantly, the news showcases a growing demand for […]
Financial Institutions Exploring Digital Securities at Security Tokens Realised Event
We recently had the opportunity to attend Security Tokens Realised, a digital securities conference held in London, England, on February 4th and 5th, 2020. This conference featured a different cast of characters. Gone are the cryptocurrency nerds, hustlers, and ICO pitches. While there were a few token issuers such as Archax and Tokeny, most of […]