As demand for Visa Tokens Services surges, the tokes surpass physical cards in circulation LeapRate

August 25, 2022 BY Steffy Bogdanova

As demand for Visa Tokens Services surges, the tokes surpass physical cards in circulation

According to the official announcement, E-commerce volume has increased by over 50% since the beginning of the pandemic. With that growth come customer requirements for safety. The Visa Token Service replaces the 16-digit Visa account numbers with a digital token only Visa can unlock, helping to protect the underlying account information. Forestell added: This milestone…

October 26, 2021 BY Steffy Bogdanova

DFSA introduces regulation for investment tokens

Peter Smith, Managing Director, Head of Strategy, Policy and Risk at the DFSA said: Creating an ecosystem for innovative firms to thrive in the UAE is a key priority for both the UAE and Dubai Governments, and the DFSA. Our consultation on Investment Tokens enabled us to understand what firms were looking for in a…

New BIS report cites “internalization” by large banks for 7% volume drop

November 14, 2019 BY Valentina Kirilova

ConsenSys reports Asset Management space ripe for blockchain solutions

ConsenSys, a Brooklyn-based blockhain software development company, has released a report about the potential of blockchain technology to disrupt and enhance the morass of back office processes that support the asset management business sector. While material benefits are available for all participants, the report notes “the industry itself needs to transform if its to realize…

Coinbase crypto exchange expands custodial services in Asia market

September 24, 2019 BY Valentina Kirilova

Coinbase actively considering expansion of current offerings to 70 tokens

Coinbase, the largest crypto exchange in the United States, announced on its blog that it is considering an expansion of its current offerings by 17 token projects, none of which are presently listed on any exchange. According to Bitcoinerx: Only 53 of the 2880 assets listed on CoinMarketCap are available to exchanges across the Coinbase…

Stax Inc. teams up with Coleman Research

September 04, 2019 BY Valentina Kirilova

If institutional investors want secure custody for cryptos, what is possible?

We have consistently heard from the Securities and Exchange Commission (SEC) that a prerequisite for a Bitcoin Exchange-Traded Fund (ETF) is that the ETF must have “good custody”. SEC Chairman Jay Clayton’s actual remark in an interview with CNBC in November of last year was: We care that assets underlying that ETF have good custody…

August 29, 2019 BY Valentina Kirilova

Can companies do the right thing without a regulator telling them what to do?

The following article is courtesy of Dr. Zvi Gabbay, Adv., former head of enforcement at the Israel Securities Authority. The piece is about Colu's Token Repurchase Plan. Colu DLT, the Gibraltar based subsidiary company of the Colu Group becomes one of the first companies to voluntarily offer to purchase the entirety of tokens sold during…

April 19, 2019 BY Valentina Kirilova

Enterprise Ethereum Alliance seeks token standards and interoperability

When Bitcoin and Ethereum were the only games in town, the issue of token standards and interoperability was not even on the radar screen, but today, with thousands of crypto development programs and tokens to match, it is time to “address the need to universally define tokens and how their implementation can occur, interchangeably, across…

February 06, 2019 BY Valentina Kirilova

IBMR launches a macroeconomic stablecoin for Southeast Asia

IBMR.io, a social impact economic development reserve and advisory, has just announced the launch of the Asia Reserve Currency Coin (ARCC). ARCC is a macroeconomic stablecoin that will be used to support and amplify the economic development of emerging markets in Southeast Asia. IBMR.io is founded by the former Vice Chairman of True Money Philippines, Sinjin…

IronX completes token crowdsale, raises $26 million

January 02, 2019 BY Valentina Kirilova

KuCoin cryptocurrency exchange delists 10 tokens for noncompliance

As if investors did not have enough to worry about when they choose to invest in new digital tokens, KuCoin, a cryptocurrency exchange operating out of Singapore, announced that it will be delisting ten coins on its exchange for noncompliance with its Special Treatment Rule framework. The company notes that this framework is “designed to…

Neufund presents a public offering of equity on the blockchain

September 27, 2018 BY Valentina Kirilova

Neufund teams up with Blocktrade.com to unlock tokenization in the financial market

Neufund, the end-to-end primary issuance platform for security tokens, has announced that it is partnering with trading facility, Blocktrade.com, to bring much needed liquidity to tokenized real-world assets. This alliance follows previous secondary market partnerships with BitBay, Binance, and MSX of Malta Stock Exchange. Neufund’s set of protocols for enhanced ownership allows anyone to give real-world assets…

Tag: tokens