The American stock exchange operator, Nasdaq, has abandoned its plan to expand its digital asset offering by introducing cryptocurrency custody services to institutional investors. The launch of the service was initially planned as the Wall Street giant’s first major crypto project. Nasdaq Drops Crypto Custody Plan Earlier in March, Ira Auerbach, the Head of Nasdaq […]
Tag: STO
New US Bill Mandates KYC for DeFi Platforms and Bitcoin ATMs
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Wednesday, Senator Jack Reed (D-Rhode Island) introduced a new crypto regulation bill. Alongside similar proposals in the law-making docket, the latest legislative action focuses on decentralized finance (DeFi) and ATMs. While Reed is […]
TON’s Recent Rally Shows Strong Momentum, Up 45% in the Past Year
The $2 billion market capitalization coin TON jumped 6.77% to $1.42 early on Wednesday before giving back these gains to now trade at $1.36. The 30th largest cryptocurrency by market cap is still in the green by 2% against USD as well as 1.5% and 1.3% against BTC and ETH, respectively. The traces of green […]
Nasdaq Still Committed to Servicing Digital Assets Despite Custodial Platform Delay
Institutional interest in digital assets continues to increase. This has been made clear through not only commentary made by noteworthy individuals like Blackrock CEO Larry Fink, but through a recent spat of ETF-like filings for Bitcoin-oriented funds. While there may be a continued rise in interest, this does not mean that the path forward will […]
Nasdaq Discards Plans to Launch Proprietary Crypto Custody Service
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In an unexpected decision, Nasdaq Inc is halting plans to roll out a crypto custody offering due to the US’s rapidly-changing business and regulatory crypto landscape, the leading stock exchange operator announced in an […]
Société Générale Issued First DASP License by French Regulator AMF
In a move not taken until now, the blockchain subsidiary of French investment bank Société Générale, Société Générale Forge (SGF), has been granted the inaugural license as a digital asset service provider (DASP) under France’s newly established cryptocurrency regulations. While there are various companies that are registered for similar services with the AMF, only those […]
Unlock Protocol (UDT) – What’s New?
The Unlock Protocol was built to empower those seeking to leverage digital assets in their business models. The platform is best known for its advanced smart contracts and easy integration. Since its launch, the network has continually expanded its services and features. Here’s a look back at Unlock Protocols latest milestones and upgrades. Alpha Tweet […]
Societe Generale Subsidiary Becomes the First Licensed Crypto Service Provider in France
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Societe Generale’s crypto arm SG Forge acquired a license from France’s leading financial regulator, making it the first digital asset company to obtain such a permit in the country. Meanwhile, renowned crypto institutions like […]
XRP Price Surges as Ripple Claims Victory in SEC Lawsuit
The cryptocurrency industry is having a great time as Ripple emerges as the victor in its court battle with US regulators when a federal judge ruled on Thursday that the sale of its digital asset on public exchanges complied with securities laws. This early dismissal of some regulatory allegations regarding the sale of over $1.4 […]
Celsius’ Founder Alex Mashinsky Pleads Not Guilty, Bail Set at $40M
Alex Mashinsky, the Founder of bankrupt cryptocurrency lender Celsius Network, has pleaded not guilty to fraud charges imposed on him by the US Department of Justice (DOJ). Mashinsky was arrested yesterday (Thursday) in New York after the DOJ and several regulators accused him of luring Celsius’ customers by ‘falsely’ portraying the financial health of the […]
