Neo continues to be one of only a handful of blockchains approved by the Chinese Government. When this project launched in 2017, it was seen as China’s Ethereum Killer. However, a shift in Chinese regulations and other factors has left the program out of the global limelight. Despite the focus shifting from China to blockchain […]
Tag: STO
Bitcoin Cash (BCH) Sees Renewed Momentum with Legacy-backed Exchange Listing
After breaking above $30,000, the largest cryptocurrency, Bitcoin, is keeping around this key level for now. With 17.7% gains in the past week, BTC is currently trading at $30,090. The price started lagging as the trading volume recorded a decrease of 44.50% from a day ago to now at $16.3 billion. Meanwhile, Ether has fallen […]
Is Wall Street Issuing a Legitimacy Signal for Crypto with EDX Markets?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. It has been a busy year for the SEC. Operating in the legislative void, the watchdog agency has pursued an aggressive enforcement campaign against the entire US crypto market. Genesis Global Capital, Gemini Trust, […]
The Role of Pro-Crypto Politicians in Cryptocurrency Adoption: A Critical Examination
Cryptocurrencies have become a topic of heated debates and discussions worldwide. Pro-crypto politicians have emerged as enthusiastic advocates, highlighting the potential benefits of digital currencies, including economic growth, financial inclusion, and technological advancement. However, to gain a well-rounded perspective on the role of these politicians in cryptocurrency adoption, it is essential to consider the opposing […]
The Growth of Stablecoins: Providing Stability Within the Crypto Market
The world of cryptocurrencies has seen a substantial increase in popularity and adoption in recent years. As this digital ecosystem grows, one sort of cryptocurrency has emerged as a significant participant in providing stability in the unpredictable cryptocurrency market: stablecoins. Stablecoins have gained traction as a safe alternative, bringing stability to investors and users alike, […]
Crypto.com Obtains Permit to Offer Digital Asset Services in Spain
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Crypto.com said it had won approval from the Bank of Spain to offer services in the country after successfully passing a comprehensive compliance review. The move comes as more crypto exchanges race to gain […]
Japan’s Largest Bank to Support Global Stablecoin Issuance
Top Japanese banking group Mitsubishi UFJ (MUFG) is reportedly holding discussions with stablecoin issuers to have them issue such tokens on the group’s blockchain platform. MUFG is also engaging entertainment companies and non-financial businesses on stablecoin projects. The announcement is in conjunction with the implementation of Japan’s stablecoin law on June 1. The law enabled […]
Regulatory Orders Says Prime Trust Has ‘Shortfall of Customer Funds’
Prime Trust is the latest crypto custody platform to be in trouble, as it received a cease-and-desist order from the Nevada Department of Business and Industry for a “shortfall in customer funds” and not being able to handle customers’ withdrawal requests. Troubled Prime Trust The regulatory order was published publicly on Thursday, hours after BitGo, […]
Bridging the Gap Between Traditional and Digital Assets in 2023
The emergence of digital assets and blockchain technology is causing huge changes in the financial sector. While traditional assets such as stocks, bonds, and real estate have traditionally served as the foundation of investment portfolios, digital assets such as cryptocurrencies and tokenized securities are quickly gaining favor. Bridging the gap between traditional and digital assets […]
The Emergence of Cryptocurrency-Backed Loans and Lending Platforms
Because of their potential for large profits and decentralized nature, cryptocurrencies have attracted the attention of investors and enthusiasts all around the world. As the bitcoin ecosystem evolves, new financial services and platforms to harness these digital assets emerge. Cryptocurrency-backed loans and lending platforms are one example of such innovation. In this article, we will […]
