Gladius Gets Reprieve from the SEC and Returns its ‘Unregistered ICO’ Cash

CoinSpeaker

Gladius Gets Reprieve from the SEC and Returns its ‘Unregistered ICO’ Cash

Gladius Network LLC self-reports to the SEC for overseeing an unregistered ICO enabling them to avoid penalties provided that they pay all the investors who request for a refund.

Gladius Gets Reprieve from the SEC and Returns its ‘Unregistered ICO’ Cash

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Source: CoinSpeaker

Coinbase-Backed Securitize Teams Up with OTCXN to Help Firms Tokenize and Sell Securities

CoinSpeaker

Coinbase-Backed Securitize Teams Up with OTCXN to Help Firms Tokenize and Sell Securities

Securitize, that is supported by Coinbase, and OTCXN are joining forces to streamline the process of issuing and trading security tokens.

Coinbase-Backed Securitize Teams Up with OTCXN to Help Firms Tokenize and Sell Securities

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Source: CoinSpeaker

Luxembourg Introduces Legal Framework for Blockchain-Based Securities

CoinSpeaker

Luxembourg Introduces Legal Framework for Blockchain-Based Securities

The new legal framework mandates companies to register their securities offerings over the blockchain before distribution to investors.

Luxembourg Introduces Legal Framework for Blockchain-Based Securities

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Source: CoinSpeaker

STO Issuers Would Likely Need to Register as Public Companies Under the Securities Exchange Act

CoinSpeaker

STO Issuers Would Likely Need to Register as Public Companies Under the Securities Exchange Act

Here’s a look into the growing popularity of Security Tokens and the regulatory path for the token issuers lying ahead.

STO Issuers Would Likely Need to Register as Public Companies Under the Securities Exchange Act

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Source: CoinSpeaker

SEC to Clarify ‘Overly Broad’ Regulation for Crypto Token Sales

CoinSpeaker

SEC to Clarify ‘Overly Broad’ Regulation for Crypto Token Sales

The crypto-darling SEC commissioner Hester Peirce is explaining delays in a regulatory toolset for token offerings as she mobilizes financial authorities to work on a deliberate approach to digital assets.

SEC to Clarify ‘Overly Broad’ Regulation for Crypto Token Sales

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Source: CoinSpeaker

Shutdowns and Ascents: Will the Political Crisis in the US Give a Boost to the Crypto Market?

CoinSpeaker

Shutdowns and Ascents: Will the Political Crisis in the US Give a Boost to the Crypto Market?

While the notorious US deadlock is officially over, it hardly affected the whole crypto industry and now the new scenarios urge companies look for faster and more reliable ways to attract funding. Here’re the most promising alternatives.

Shutdowns and Ascents: Will the Political Crisis in the US Give a Boost to the Crypto Market?

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Source: CoinSpeaker

Introducing a Regulatory Compliant STO Dashboard by Priority Token

CoinSpeaker

Introducing a Regulatory Compliant STO Dashboard by Priority Token

Priority Token presents one-of-a-kind Priority Token STO Dashboard to lay the ground for project’s success, both legally and technically.

Introducing a Regulatory Compliant STO Dashboard by Priority Token

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Source: CoinSpeaker

South Korea Will Remain Firm on Maintaining ICO Ban, Reveals Country’s Financial Watchdog

CoinSpeaker

South Korea Will Remain Firm on Maintaining ICO Ban, Reveals Country’s Financial Watchdog

According to FSC, the ban will not be lifted, as firms conducting ICOs were making use of foreign jurisdictions, simultaneously raising funds from South Korean nationals.

South Korea Will Remain Firm on Maintaining ICO Ban, Reveals Country’s Financial Watchdog

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Source: CoinSpeaker

7 Attention-Grabbing Cryptocurrency Trends that Will Define Business in 2019

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7 Attention-Grabbing Cryptocurrency Trends that Will Define Business in 2019

In this guest post, Scott Mathews, crypto enthusiast and professional content writer, explains the concept behind cryptocurrencies taking a look at attention-grabbing trends that are most likely to be crucial for 2019.

7 Attention-Grabbing Cryptocurrency Trends that Will Define Business in 2019

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Source: CoinSpeaker

TokenSoft Rolls Out Unique Custody Solution Designed for Security Tokens Specifically

CoinSpeaker

TokenSoft Rolls Out Unique Custody Solution Designed for Security Tokens Specifically

Blockchain company, TokenSoft Inc. just released the Beta version of their new Knox Wallet, a digital assets and securities wallet specifically designed for use by enterprises.

TokenSoft Rolls Out Unique Custody Solution Designed for Security Tokens Specifically

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Source: CoinSpeaker

Nasdaq Finally Gives a Green Light to Cryptocurrency

CoinSpeaker

Nasdaq Finally Gives a Green Light to Cryptocurrency

Blockchain technology company Symbiont Inc just got $20 million from a series B funding round. Nasdaq Ventures led the round and is one of Nasdaq’s biggest move towards the crypto market yet.

Nasdaq Finally Gives a Green Light to Cryptocurrency

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Source: CoinSpeaker

Much-anticipated Overstock’s Security Token Trading Platform tZERO Goes Live

CoinSpeaker

Much-anticipated Overstock’s Security Token Trading Platform tZERO Goes Live

Now accredited investors can trade tZERO security tokens through a digital securities brokerage account at Dinosaur Financial Group, LLC, which will act as the introducing broker-dealer. 

Much-anticipated Overstock’s Security Token Trading Platform tZERO Goes Live

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Source: CoinSpeaker

New Crypto Security Trading Platform Set to Tokenize Shares of Uber, Airbnb, and Space X

CoinSpeaker

New Crypto Security Trading Platform Set to Tokenize Shares of Uber, Airbnb, and Space X

Zilliqa and MaiCoin, are launching Hg Exchange – a new Singapore-based fully regulated token exchange that will allow tokenization of the existing shares.

New Crypto Security Trading Platform Set to Tokenize Shares of Uber, Airbnb, and Space X

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Source: CoinSpeaker

Latest Research from South Korea Suggests that 2019 Could be the Year of STOs

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Latest Research from South Korea Suggests that 2019 Could be the Year of STOs

The Coinone research notes that STOs can open new frontiers with better security over ICOs, and thus help to liquidate other illiquid assets.

Latest Research from South Korea Suggests that 2019 Could be the Year of STOs

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Source: CoinSpeaker

Security Token Offerings (STOs) Could be Big For Korean Crypto Industry

If 2017 and early 2018 were seen as the year(s) of the ICO then 2019 could well be the year for the STO, security token offering, according to latest research from South Korea.
Security Tokens Still Need Regulation
Initial coin offerings were seen as a great way to launch a project by selling tokens for it in cryptocurrency, which was predominantly Ethereum. However the scammers and shysters soon took advantage of this relatively easy way of making money at the behest of the uninitiated, and on the back of the wave of fomo that was gripping the digital world this time last year.
A large number of ICOs were revealed to be scams with fake teams and non-existent projects. This caused a tsunami of regulatory pressure and kick started the crypto bear market which is still ongoing today.
Security tokens could well be the answer as unlike the majority of crypto tokens they are actually backed by physical assets. They share traits with conventional financial products such as stocks, bonds and derivatives and provide a way for investors to buy a digital stake in a commodity by owning a crypto token backed by it.
According to Business Korea the country’s leading blockchain research centers, Chain Partners’ CP Research and Coinone Research Center, have identified STOs as the next big thing for the crypto industry.
CP Research added that they provide a solution for assets that are difficult to liquidate such as real estate or art. It said that 2019 will see the establishment of an STO infrastructure and the market will grow to an estimated $2 trillion by 2030. The research noted that real estate and venture capital funds have already become tokenized but adoption may still be hindered in South Korea due to its current regulatory stance. According to the report, regulators still claim that cryptocurrencies and blockchain are two different things which could be sending domestic companies abroad to launch STOs.
Coinone Research released a similar report but had a different take on the situation stating;
“STOs which focus only on the liquidation of assets will eventually create a lemon market where only worthless assets are traded. Concentrating only on the possibility of liquidation is a dangerous thought,”
The warning is that this type of investment practice could cause another economic crash similar to 2008 where mortgage backed securities were issued excessively. The purpose of such research was to push the Korean government into formulating clear and concise STO regulations in order to promote healthy investment markets.
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