Cryptocurrency Analysis and News Portal
Researchers at the Bank for International Settlements (BIS) are grappling with the future of payments – so much so that their newest quarterly report, released Sunday, is entirely dedicated to what that potential revolution holds.In its 138-page look at what lies beyond the financial horizon, the Swiss-based institution reckoned with
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Digital asset custodial company BitGo recently unveiled its purchase of Harbor, an online platform for digitized securities. “Our vision has always been bigger than wallets and custody,” BitGo CEO Mike Belshe said in a Feb. 18 statement provided to CryptoX. “Acquiring Harbor furthers BitGo’s vision of building a new digital
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One of the oldest banks in Europe is developing a special-purpose euro stablecoin that can facilitate private placements in tokenized securities. Munich-based Bank von der Heydt, established in 1754, announced Monday it had partnered with blockchain financial services provider Bitbond to help integrate tokenization into its established securitization platform.The partnership
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Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused these 8 FX sites of violating the Mifid2 and the Consolidated Law on
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Capital markets blockchain platform iSTOX has graduated from Singapore's regulatory sandbox and been approved as a recognized market operator and capital markets services licensee.Singapore’s The Business Times confirmed on Feb. 3 that the platform, developed by blockchain infrastructure firm ICHX Tech, is now fully operational and licensed by the
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The Monetary Authority of Singapore (MAS) has greenlit a tokenized securities trading firm for full operations within the city-state.Announced Monday, iSTOX has graduated from the Singapore central bank’s fintech regulatory sandbox and is set to be one of the first securities token platforms that is licensed as a capital markets
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Digital asset issuer Securitize has facilitated what it says is the first direct IRA investment in security token offerings (STOs).Alternative investments gateway AltoIRA purchased an initial investment in security tokens representing CityBlock Capital’s $20 million venture fund, with tokens issued by Securitize. The arrangement is set to open up new
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Cryptocurrency investment is among the top five investor threats for 2020, according to the North American Securities Administrators Association (NASAA).The NASAA, the oldest international investor protection organization, has officially announced the top five products or schemes likely to defraud investors in the coming year. In order to provide the
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Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities sale of its XRP tokens.In court documents filed on Dec. 4, Ripple argues that the plaintiffs’ case is contradictory and “self-defeating.” Alongside a reiteration of previous arguments, the company now also claims
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Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing. Source
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