The Securities and Exchange Commission (SEC) has denied the rulemaking petition filed by Coinbase. SEC Chair Gary Gensler says current laws enough for investor proections. Commissioners Hester Peirce and Mark Uyeda have released a statement disagreeing with the Commission’s decision. The Securities and Exchange Commission (SEC) has denied a crypto rulemaking petition filed by US-based […]
Tag: STO
Copper Unveils OTC Trade Transformation with Custodian-Agnostic Settlement Network
The crypto custody and trading solutions company, Copper, has launched the market’s first custodian-agnostic, scalable, and private digital asset settlement network. With over 600 live participants, this network enables institutional clients to settle Over-the-Counter (OTC) trades with all their institutional counterparts, irrespective of where they custody their assets. Copper’s OTC Settlement Network for Institutional Clients […]
SafeMoon Unravels: Files for Bankruptcy amid Executives’ Arrests
The cryptocurrency project SafeMoon has filed for bankruptcy protection in Utah Bankruptcy Court. With assets ranging between $10 million to $50 million and debts between $100,000 to $500,000, this bankruptcy filing has unveiled a dire financial situation in the company. This step followed the recent arrest of SafeMoon’s executives, John Karony, the Chief Executive Officer; […]
Executive Playbook 2024: Crafting Strategies for Payment Success
In the realm of financial services, the trajectory of payments is experiencing a metamorphosis, and the currents of change are set to redefine the very essence of transactions. It seems as the pulse of the payments industry began to beat to a different rhythm, echoing a profound shift from the traditional fixation on the transaction […]
Flare and Kinetic join forces to revolutionize DeFi lending and borrowing
Flare partners with Kinetic, revolutionizing DeFi lending/borrowing on blockchain. Users benefit from liquidity incentives; Kinetic offers over-collateralized borrowing. Rome Blockchain Labs facilitates Kinetic launch, leveraging Flare’s oracles for accurate prices. Blockchain for data, Flare, and lending platform Kinetic, backed by Rome Blockchain Labs, have announced a strategic partnership set to revolutionize decentralized finance (DeFi). This […]
“More Regulators May Follow Footsteps of Spain”: CFDs Insiders’ 2024 Forecast
After an eventful 2023, the financial services industry is now looking ahead to the new year, 2024. Many things have shaped the industry this year: Spain’s CFDs marketing restriction, consumer duty and crypto ad rules in the UK, plus the adoption of artificial intelligence (AI), and the industry expects more next year. Although it is […]
DeFi beyond Crypto: The Rise of Real-World Assets Tokenization
Decentralized Finance (DeFi) is like a revolutionary makeover for the financial world. Simply put, it’s a way of doing finance using a blockchain technology system where people can interact directly without relying on traditional financial institutions. Originally linked to cryptocurrencies, DeFi has now grown beyond just digital money. It has become a game-changer by including […]
Swarm launches permissionless platform for trading tokenized RWAs
Swarm announced the launch of its permissionless real-world assets (RWAs) trading platform. “Open dOTC” is a decentralised public goods service platform on the Ethereum blockchain. Traders can access tokenized US Treasury bond ETFs, while tokenized stocks for companies such as Apple, Tesla are to be added. Swarm, a BaFin-regulated decentralised finance (DeFi) platform, has launched […]
DWS, Galaxy Digital, and Flow Traders Forge Alliance to Launch EUR Stablecoin
Deutsche Bank’s asset management arm, DWS, has joined forces with the crypto investment firm Galaxy Digital and the liquidity provider Flow Traders to introduce a joint venture focused on creating a EUR-denominated stablecoin. Bridging Traditional and Digital Finance The collaboration, named AllUnity, aims to bridge the gap between traditional and digital finance ecosystems and is […]
Volcano Bonds to Be Issued in Q1 2024, Says El Salvador’s National Bitcoin Office
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A couple of years since first introducing it, it seems El Salvador is finally prepared to issue its Bitcoin-backed ‘Volcano bonds,’ the country’s National Bitcoin Office revealed on Tuesday. According to the announcement, El […]
