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“European businesses will be a major beneficiary of this innovation, giving businesses a new way to raise capital through primary capital raises, and obtain potential tax benefits and liquidity through secondary trading,” Carlos Domingo, co-founder and CEO of Securitize, said in a statement. Source
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Digital asset trading platform Securitize has begun tokenizing equity in the Spanish real estate investment trust Mancipi Partners, it announced on June 27. The firm expects to launch secondary trading on the Avalanche blockchain in September. Securitize plans to carry out the first natively tokenized equity issuance under the European Union’s
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The recently introduced stablecoin, FDUSD, which was scheduled to be listed on Binance on July 26, 2023, at 08:00 (UTC), enabling trading for FDUSD/BUSD and FDUSD/USDT spot and margin trading pairs has now been postponed to restart at 2023-07-26 14:00 (UTC) due to FDUSD pairs’ liquidity providers experiencing technical issues.Binance
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Around the same time, China's ruling Communist Party's 24-member Politburo — its top decision-making body, led by President Xi Jinping – said the country's economy is facing new difficulties and the economic recovery will be challenging. Early this year, analysts widely cited China's reopening of its economy as a major
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The Vermont Department of Financial Regulation (DFR), a United States state agency, warned citizens against rising crypto investment frauds perpetrated over popular social media sites.On June 25, 74-year-old Naum Lantsman lost his life savings — $340,000 — to a crypto scam orchestrated over Instagram and Telegram. The DFR referenced the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether Treasury has minted 1 billion USDT, equivalent to $1,000,485,000, on the Tron network, per an update on July 12. Just two months after its previous billion-dollar mint on April 21, the stablecoin issuer has once again
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Massad and Clayton’s recommendations come at a potentially pivotal time in crypto’s brief history, and amid an ongoing jurisdictional feud between the CFTC, which considers crypto a commodity and the SEC, which sees it as a security. Both agencies have filed multiple legal actions against exchanges and other key crypto
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Consultations cover authorization and conflict of interest rules for crypto companies under the landmark digital assets law Original Source
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An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Nevada Department of Business and Industry’s Financial Institutions Division (FID) has taken official action by issuing a cease-and-desist order. This action was prompted by their identification of a substantial deficit in customer funds and a
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