Up 7.5% since yesterday, POLYX went on to hit $0.145 on Thursday. As of writing, POLYX is trading at $0.140, still up 2.4% against USD and 1.5% against BTC, while managing over $9.8 million in 24-hour trading volume, up 270% from a day ago. POLYX is a $117.4 million market cap coin that saw a […]
Tag: STO
Kuwait Bans All Crypto-Related Activities to Fight Money Laundering
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Kuwait banned all crypto-related activities on July 18, including trading and mining, and prohibited any entity from applying for a digital asset service provider license. The action is in line with the state’s steps […]
Tokenization and Investing: A Look at Tomorrow’s Democratized Landscape
In recent years, the financial landscape has witnessed the rise of blockchain technology and its potential to revolutionize various industries. One of the most promising applications of blockchain is tokenization, a process that involves representing real-world assets as digital tokens on a blockchain network. This innovation has the power to democratize investing, providing new opportunities […]
UK Govt. Rejects Lawmakers’ Push to Regulate Crypto Trading as Gambling
The UK Government has opposed the call by a panel of cross-party British lawmakers to regulate ‘unbacked’ crypto assets such as Bitcoin and Ether as gambling. The executive arm argued that such treatment runs contrary to standards recommended by global bodies such as the G20 Financial Stability Board. ‘Same Activity, Same Risk’ In a report […]
Bipartisan Bill to Regulate DeFi Draws Industry-wide Backlash
A bipartisan group of four Senators led by Sen. Jack Reed, this week, introduced a bill that would require decentralized finance (DeFi) services to comply with the same guidelines applicable to banking, brokerage and other traditional firms like casinos. The bill – whose full text is yet to be released at the time of compiling […]
Helium (HNT) – What’s New?
Helium (HNT) remains a pioneering force in the blockchain IoT (Internet of Things) sector. The platform introduced a commodity-driven approach to IoT service providers. Today, Helium is a popular option that offers its services globally. Here are some of the vital upgrades that have helped Helium remain a strong contender in the blockchain IoT industry. […]
Bitcoin and NFTs Propel Crypto Market in H1 2023: Report
The digital asset website tracking the prices and trading volumes of cryptocurrencies, CoinMarketCap, has released a market analysis report for the first half of 2023. Although the report shows an increase in the cryptocurrency market capitalization year-to-date, the market cap for the first and the second quarter barely changed. The global cryptocurrency market capitalization reached […]
Bitget Joins ByBit and OKX in Newest Dubai Crypto Push, Opens Local Office
The Middle East openly expresses its desire to become a new cryptocurrency hub. Leading the way are crypto-friendly nations like the United Arab Emirates (UAE) and Bahrain. As a result, more exchanges are deciding to enter the local market. Bitget has become the latest one to do so. The company has already initiated its operations […]
Exclusive | CySEC’s Chair: Regulators Should Be ‘Careful’ with AI
In the first part of the exclusive interview with Dr George Theocharides, the Chairman of CySEC, and Finance Magnates discussed various aspects of the financial industry and CySEC’s role in protecting investors. Dr Theocharides emphasized CySEC’s mission to safeguard investors in Cyprus and abroad. He highlighted the growth and scrutiny of the investment firm sector, […]
Kuwait Imposes Ban on Crypto Transactions and Mining
The market supervisory authorities in Kuwait have jointly issued guidance on the use and recognition of virtual assets in the country, specifically the issue of virtual assets as a means of payment and their recognition as decentralized currency. The July 18 circulars from the Central Bank of Kuwait (CBK), the Capital Markets Authority (CMA), the […]
