The EOS received a whitelist approval from the Japan Virtual and Crypto Asset Exchange Association (JVCEA). EOS will start trading on BitTrade in Japan in mid-September. Crypto-asset providers in Japan are monitored and regulated by the JVCEA and FSA under the Payment Services Act. The EOS Network Foundation has announced that the Japan Virtual and […]
Tag: STO
Tech Unplugged: Embrace the Future of Trading Advancements at FMLS:23
The world of finance is experiencing a technological upheaval, and the Finance Magnates London Summit (FMLS) will be at the vanguard of these game-changing advances. Held on November 20-22 at Old Billingsgate, the future will be on full display, promising attendees a can’t miss environment. As traders, investors, and innovators meet at this prestigious event, […]
From Tweets to Transactions: X Moves Closer to Crypto and Fiat Payments
The social media platform X (formerly Twitter), owned by Elon Musk, has taken another step towards offering its users financial services, including cryptocurrency payments. The platform has just obtained a local license in the United States, issued by a regulator in Rhode Island. Formerly Twitter, X Moves Closer to Offering Crypto Payments According to Nationwide […]
SEBA Cements Position in Hong Kong, Gains In-Principal Crypto License
SEBA Hong Kong, a Swiss-based crypto-friendly bank, has received an Approval-in-Principal (AIP) from Hong Kong’s Securities and Futures Commission. The company is set to become the first group of licensed corporations in the Special Administrative Region of China to provide crypto-related investment services. SEBA Paving Its Way in Hong Kong The approval came as Hong […]
Crypto Exodus in the US? Robinhood and Jump Trading End Partnership
Robinhood Markets (Nasdaq: HOOD), a popular American commission-free broker, has quietly ended its partnership with Chicago-based Jump Trading, a big name in the traditional finance industry, for facilitating crypto transactions, Coindesk reported, citing “a person familiar with the matter.” On-chain data shows that the two companies stopped doing business together in July. However, there is […]
Ecomi (OMI) Steals the Spotlight with a 57.5% August Gain
After momentarily going above $26,000, Bitcoin is back under it and, as of writing, has been trading at $25,983. Ether, meanwhile, is exchanging hands at $1,642 despite trading aggregator protocol 1Inch investing over $10 million worth of stablecoins from its treasury to purchase 6,088 ETH over the weekend. The total crypto market continues to be […]
Tokenized Treasury Bills: A New Blockchain Trend
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Tradeteq, a UK-based private debt and real-world asset marketplace, recently launched tokenized US Treasury offerings on the XDC Network. The recent move showcased the growing trend of tokenization, which has found increasing popularity as […]
Strengths and Weaknesses of MoneyGram
MoneyGram has evolved as a prominent participant in the volatile world of financial services, facilitating cross-border payments and remittances. MoneyGram, like any other company, has a set of strengths and disadvantages that influence its market position. This article delves into the different characteristics that distinguish MoneyGram’s strengths and weaknesses as it navigates the complex environment […]
Genesis Rebound? DCG Agrees to In-Principle Deal Offering Up to 90% Recovery
Digital Currency Group (DCG) has entered into an in-principle agreement with the creditors of its cryptocurrency lending subsidiary, Genesis. This agreement could reportedly pave the way for substantial recoveries, ranging from 70% to 90% in USD equivalent for unsecured creditors. The recent court filing on August 29, 2023, outlines a compelling prospect for creditors of […]
Argo Blockchain Mines More but Earns Less in H1 2023: Reports $18.8M Net Loss
The recent Argo Blockchain financial report presents a mixed bag, with the company making strides in reducing operational costs and debt but facing a decline in revenue and net loss. The publicly-listed firm’s results for the first half of 2023 show what problems the mining industry centered around Bitcoin (BTC) and other cryptocurrencies is currently […]
