Cryptocurrency Analysis and News Portal
The Global Stock Exchange (GSX) Group has today announced the first step towards a major expansion of its presence in Asia with the Labuan International Business
Read More
Vanguard, the world’s second-largest index fund manager, has announced the successful completion of the first phase of its blockchain pilot trialing the digitization of asset-backed securities (ABS).The pilot has seen Vanguard partner with a large U.S.-based ABS provider, distributed ledger technology provider Symbiont, and financial institutions BNY Mellon and Citi,
Read More
Having launched in 2014, BitMEX enjoyed many years as the only fish swimming in the cryptocurrency derivatives pond. However, in recent times, it has found itself surrounded by an increasing number of competitors, both large and small.OKEx, Huobi, and Binance have all expanded from the spot markets into the crypto
Read More
Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog.With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet,
Read More
Sharing is caring!Nomura Securities (NS) joined the Nomura Research Institute (NRI) and BOOSTRY have joined up in a venture to create Japan’s first digital asset bond and digital bond to use value co-creation to help develop the countries’ capital markets, along with solving social issues. The digital asset bond was offered
Read More
The board of the International Organization of Commissions, or IOSCO, recently unveiled a write-up on stablecoins as they may overlap with current market regulations, including securities laws. Listing several other reports and touchpoints, the IOSCO board pointed toward stablecoin structure in its March 2020 report:“Ultimately, the applicability of any IOSCO
Read More
The Australian Securities Exchange (ASX) has once again delayed its transition to the blockchain, due in part to uncertainty around the impact of the global COVID-19 pandemic.In an announcement published on March 25, ASX said it was replanning its blockchain implementation timetable in light of the unfolding crisis, as
Read More
A federal court has ordered ICOBox to pay a $16 million penalty to the Securities and Exchange Commission's (SEC) for violating U.S. securities law.On March 5, Judge Dale S. Fischer of the District Court for the Central District of California granted the SEC's motion for default judgment against the ICO-as-a-service
Read More
Two companies have developed a blockchain-based solution to address the large number of vacant homes in the Japanese countryside.Securitize, a compliance platform for token issuers, has joined forces with Tokyo-based LIFULL to create a funding platform using digital securities to invest in real estate. According to a March 10
Read More
On March 3, District Judge Charles Pannell dismissed a lawsuit claiming securities fraud charges against rapper ‘T.I.’ for selling FLiK tokens for his company’s initial coin offering (ICO) during August 2017.The judge failed to find concrete evidence of securities violations or negligent misrepresentation as T.I. made no claims regarding
Read More