Security tokens News

BnkToTheFuture Bets Big on Security Tokens With Investment in BMI Capital
BnkToTheFuture Bets Big on Security Tokens With Investment in BMI Capital
13 November 2019, 22:29
BnkToTheFuture and CoinStreet Capital have strategically invested in major U.S-based broker-dealer BMI Capital to bring security tokens to institutional investors.
UPRETS To Tokenize the Prestigious Oosten Property in Brooklyn
UPRETS To Tokenize the Prestigious Oosten Property in Brooklyn
12 November 2019, 18:54
Tokenization startup, UPRETS, announced Tuesday that it would be tokenizing the prestigious Oosten property in Williamsburg, Brooklyn
Ongoing XRP Sales Means Ripple Must Answer Investor Lawsuit — New Filing
Ongoing XRP Sales Means Ripple Must Answer Investor Lawsuit — New Filing
05 November 2019, 18:22

Bradley Sostack, the lead plaintiff in a long-standing lawsuit against Ripple, has argued in a recent filing that the company is not immune to responding to investor complaints as earlier claimed.

Security Token Startup Harbor Receives Transfer Agent License from the SEC
Security Token Startup Harbor Receives Transfer Agent License from the SEC
01 November 2019, 01:49
Harbor, a United States-based securities tokenization startup, has received a transfer agent license from the Securities and Exchange Commission (SEC).
Europe Tops US for Number of Firms Working on Security Tokens
Europe Tops US for Number of Firms Working on Security Tokens
31 October 2019, 12:22
A study conducted by the Frankfurt School Blockchain Center and Blockstate show that Europe has more companies working on security tokens than the United States.
Australian Startup, Marketlend Trials Digital Currency for Loan Security Token Trading
Australian Startup, Marketlend Trials Digital Currency for Loan Security Token Trading
28 October 2019, 10:24
Australian startup, Marketlend will this week begin trial for a new digital currency that allows holders to buy tokens representing ownership in loans issued on their platform.
Blockstack’s (STX) Token Listed on Binance and HashKey Pro But Not for U.S Investors
Blockstack’s (STX) Token Listed on Binance and HashKey Pro But Not for U.S Investors
24 October 2019, 10:16
Binance and HashKey Pro listed Stacks (STX), the token which Blockstacks used to raise $23 million under regulations provided by the U.S Securities and Exchange Commission (SEC).
Canada’s OSC Approves Pilot on Secondary-Market Trading of Security Tokens
Canada’s OSC Approves Pilot on Secondary-Market Trading of Security Tokens
24 October 2019, 09:26

The Ontario Securities Commission (OSC) has cleared TokenGX, a tokenization startup in Canada, to pilot secondary-market trading of its security tokens for a limited period.

Breaking! SEC Halts Telegram over $1.7 Billion Gram Token Sales
Breaking! SEC Halts Telegram over $1.7 Billion Gram Token Sales
11 October 2019, 21:45
The United States Securities and Exchange Commission (SEC) has filed an emergency action as well as obtained a temporary restraining order against Telegram Group Inc. and its wholly-owned subsidiary, TON Issuer Inc.
XRP Labeled Likely ‘Security’ By New Industry-Made Rating System
XRP Labeled Likely ‘Security’ By New Industry-Made Rating System
30 September 2019, 12:52
A new rating published by the newly formed Crypto Rating Council labels the XRP cryptocurrency as likely ‘security’ with a 4/5 rating.
Security Tokenization Startup Makes Europe's Fintech 50'
Security Tokenization Startup Makes Europe's Fintech 50'
27 September 2019, 13:13
Tokeny, a startup that offers a platform for converting assets into digital securities has made the 7th list of top 50 Fintech startups in Europe
Kik CEO Vows to Fight SEC ‘Until No Dollar is Left’
Kik CEO Vows to Fight SEC ‘Until No Dollar is Left’
26 September 2019, 12:05
Kik Interactive CEO, Ted Livingston has reportedly vowed to drive his company into bankruptcy if need be, in the ongoing legal battle with the United States Securities and Exchange Commission (SEC).
Swiss SIX Exchange Delays Full Launch of STO Platform to Q4 2020
Swiss SIX Exchange Delays Full Launch of STO Platform to Q4 2020
25 September 2019, 18:15

The full security token trading platform planned by Swiss stock exchange, SIX, will no longer go live in 2019 according to an update published by the company this week.

Token Issuance Firm, Securitize Raises $14 Million in Extended Series A
Token Issuance Firm, Securitize Raises $14 Million in Extended Series A
24 September 2019, 18:28
Securitize raised $14 million in an extended Series A round involving investment arms of leading companies in the traditional finance and blockchain industry.
Germany’s New Blockchain Policy Welcomes Digital Securities
Germany’s New Blockchain Policy Welcomes Digital Securities
18 September 2019, 18:27

Having observed the development of blockchain technology from the sidelines for a couple of years, Germany is swiftly moving to assert its position in the industry and has launched a national policy in that regard.

Atlético de Madrid to Launch Fan Crypto Tokens Via Socios
Atlético de Madrid to Launch Fan Crypto Tokens Via Socios
06 September 2019, 11:04
Atlético de Madrid has partnered with Socios.com to launch crypto tokens for its millions of fans worldwide.
ICO Rating Service Settles SEC Charges for $268,998
ICO Rating Service Settles SEC Charges for $268,998
21 August 2019, 17:36
Popular rating website, ICO rating settle charges with the U.S SEC for not disclosing payment it received to promote certain projects on its website.
Veritaseum ICO — SEC is Hurting Investors They Claim to Protect
Veritaseum ICO — SEC is Hurting Investors They Claim to Protect
20 August 2019, 17:32
Reggie Middleton, and his company, Veritaseum has issued a legal response to the SEC's securities and fraud law violation allegations.
SEC No-Action Letter for Pocketful of Quarters Took Almost One Year — Lewis Cohen
SEC No-Action Letter for Pocketful of Quarters Took Almost One Year — Lewis Cohen
16 August 2019, 06:17
Lewis Cohen revealed that it took almost one year to secure the SEC no-action letter for Pocketful of Quarters.
Court Allows SEC to Freeze $8 Million Assets From Veritaseum ICO
Court Allows SEC to Freeze $8 Million Assets From Veritaseum ICO
14 August 2019, 05:55
The SEC froze $8 million worth of assets belonging to Reginald “Reggie” Middleton and two companies he owns, Veritaseum, Inc. and Veritaseum, LLC.
Fresh Woe for Ripple? New XRP ‘Security’ Filing Cites SEC Guidance
Fresh Woe for Ripple? New XRP ‘Security’ Filing Cites SEC Guidance
13 August 2019, 15:54
Ripple Labs Inc, is facing a lawsuit filed by Lead Plaintiff, Bradley Sostack who claimed he lost money by investing in XRP. He quoted the SEC's guidance on crypto tokens.
TZERO Token Trading to Go Live in 3 Days
TZERO Token Trading to Go Live in 3 Days
09 August 2019, 15:06
Trading of Tzero token will begin on August 12th, 2019, according to an announcement by the Overstock subsidiary.
Securitize Issues Tokens For Curzio Research Newsletter Business
Securitize Issues Tokens For Curzio Research Newsletter Business
30 July 2019, 18:26
Securitize released tokens representing equity ownership in the popular newsletter business, Curzio Research.
Bitbond Security Tokens Becomes Tradable
Bitbond Security Tokens Becomes Tradable
26 July 2019, 08:46

Germany-based SME lending platform, Bitbond announced Thursday that it has successfully activated trading functionality for BB1, the security token that they issued to investors in a recently completed STO.

Luxembourg Completes First Blockchain-Tokenized Real Estate
Luxembourg Completes First Blockchain-Tokenized Real Estate
25 July 2019, 15:08
The first blockchain-based tokenization of a real estate property in Luxembourg was completed on July 23.
Patrick Bryne Eyes $900 Billion Value for Security Token Platforms
Patrick Bryne Eyes $900 Billion Value for Security Token Platforms
17 July 2019, 20:41
Patrick M. Bryne CEO of Overstock and tZero believes that security token exchanges would be worth $900 billion in the future.
Da Vinci Capital Begins STO for Gett Taxi Service
Da Vinci Capital Begins STO for Gett Taxi Service
15 July 2019, 14:34
Da Vinci Capital has started the security token offering (STO) for Gett Taxi, a ride-hailing startup in USA, Russia, Israel, and the U.K.
BTG Pactual to Use Tezos for $1 Billion STOs
BTG Pactual to Use Tezos for $1 Billion STOs
04 July 2019, 15:02
BTG Pactual will use to Tezos blockchain to conduct security token offerings (STOs) worth at least $1 billion.
SEC Officially Sues Kik for its $100 Million ICO in 2017
SEC Officially Sues Kik for its $100 Million ICO in 2017
04 June 2019, 19:11

The United States Securities and Exchanges Commission (SEC) has officially sued Canada-based messaging platform, Kik for its ICO in 2017 through which the company raised near $100 from token sales.

Kik Raise $5+ Million to Take U.S SEC to Court
Kik Raise $5+ Million to Take U.S SEC to Court
28 May 2019, 12:39
Kik Interactive plans to take the U.S Securities and Exchanges Commission (SEC) to court over its $100 Million ICO raise in 2017.
Montana Separates Utility Tokens From Security Tokens
Montana Separates Utility Tokens From Security Tokens
24 May 2019, 15:45
The U.S State of Montana provides legislation that separates cryptocurrencies that serve as utility tokens from those that serve as security tokens.
An Overview of Proposed Crypto Rules in the Bahamas
An Overview of Proposed Crypto Rules in the Bahamas
17 May 2019, 14:15
The Securities Commission of the Bahamas has released the “Digital Asset and Regulated Exchanges (DARE)” bill to provide regulatory cover for nearly every aspect of the cryptocurrency space including, initial coin offerings, exchanges, investors and virtually everyone participating in the industry.
Regulatory Concerns — Poloniex to Delist 9 Tokens for U.S Users
Regulatory Concerns — Poloniex to Delist 9 Tokens for U.S Users
16 May 2019, 21:58
Because of regulatory concerns, Poloniex exchange will stop U.S customers from trading the following nine cryptocurrencies, ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP.
Blockstream Launches Bitcoin-based Token Issuance Platform
Blockstream Launches Bitcoin-based Token Issuance Platform
15 May 2019, 20:12
Bitcoin startup, Blockstream has announced at the ongoing Blockchain Week in New York, the release of its token issuance platform based on the Bitcoin blockchain.
Bitfinex to Hold $1 Billion IEO Amid NYAG Allegations
Bitfinex to Hold $1 Billion IEO Amid NYAG Allegations
08 May 2019, 18:03
According to a whitepaper released by the Bitfinex on Wednesday, the target of the fundraising effort is $1 billion to be realized from the sale of USDT-pegged LEO tokens
Swiss Stock Exchange May Issue Its Token
Swiss Stock Exchange May Issue Its Token
06 May 2019, 16:57
Switzerland-based Six Swiss Exchange has revealed plans to launch its token in the next few years.
UAE Token Sales Raised $210 Million in 120 Days
UAE Token Sales Raised $210 Million in 120 Days
29 April 2019, 10:26
Between January 1-April 29, stats show that token issuers in the UAE raised $210,516,051 more than 25% of the total revenue and nearly double what was raised in the United States and the United Kingdom ($108.4 million).
Cambridge Study Shows Unity and Disparity in Crypto Regulation Across Borders
Cambridge Study Shows Unity and Disparity in Crypto Regulation Across Borders
17 April 2019, 19:20
As per an April 2019 Cambridge study, different countries are adopting separate regulations for the cryptocurrency industry leading to some unity and disparity. Will such a situation adversely affect the growth of the young industry?
London Stock Exchange Sells Tokenized Securities
London Stock Exchange Sells Tokenized Securities
15 April 2019, 18:17
For the first time, the London Stock Exchange (LSE) has listed tokenized securities on its platform.
Blockstack Wants to Conduct $50 Million SEC Compliant Token Sale
Blockstack Wants to Conduct $50 Million SEC Compliant Token Sale
11 April 2019, 13:01
Blockstack Token LLC plans to use the SEC Regulation A+ framework to sell Blockstack’s Stacks (STX) token worth $50 Million.
Mauritius Releases STO Regulatory Framework
Mauritius Releases STO Regulatory Framework
10 April 2019, 17:19
The Mauritius Financial Services Commission (FSC) have released a guidance note on security token offerings (STOs) to show that they remain highly supportive of fintech related initiatives.
U.S Lawmakers Resumes Quest To Exempt Crypto From Securities Law
U.S Lawmakers Resumes Quest To Exempt Crypto From Securities Law
09 April 2019, 22:58
On Tuesday, April 9, U.S Rep Warren Davidson reintroduced an updated version of the Token Taxonomy Act (TTA) which was first unveiled to the Congress just before its closure at the end of 2018.
An Overview — SEC Division Releases Promised Guidance on ICO Tokens
An Overview — SEC Division Releases Promised Guidance on ICO Tokens
03 April 2019, 21:19
An overview of guidelines released by the SEC division on factors to consider in determining whether an ICO Token is a Security
Hong Kong Releases Regulation for Security Token Offerings (STOs)
Hong Kong Releases Regulation for Security Token Offerings (STOs)
29 March 2019, 15:31
Crypto projects who want to conduct security token offerings (STOs) in Hong Kong now have new rules to guide such issuance of cryptocurrencies.
SEC’s Valerie Says Stablecoins Can Be “Security”
SEC’s Valerie Says Stablecoins Can Be “Security”
18 March 2019, 10:54
Crypto projects should meet with the U.S SEC to ask for permission before developing their stablecoin, instead of seeking regulatory assistance in the aftermath of creating a token that violates securities law.
Thai SEC Backed ICO Portal Almost Ready
Thai SEC Backed ICO Portal Almost Ready
14 March 2019, 10:51
Would you invest in an ICO listed on a portal approved by a national securities regulator? The Thai SEC will soon make it possible.
Update — SEC Chairman Didn’t Say ETH is Not A Security
Update — SEC Chairman Didn’t Say ETH is Not A Security
13 March 2019, 19:38
In his follow-up explanation, Clayton did not say that Ether or any other crypto token is not a security under U.S laws.
Colorado Governor Signs Crypto Exemption Bill
Colorado Governor Signs Crypto Exemption Bill
12 March 2019, 18:47
Jared S. Polis has signed into law the “Colorado Digital Token Act” which exempts cryptocurrencies from the same classification as traditional securities.
SEC Chairman Ends Debate, Says ETH Token Not a Security
SEC Chairman Ends Debate, Says ETH Token Not a Security
12 March 2019, 18:23
Jay Clayton has comprehensively ended as debate any claims that Ether (ETH), the native token of the Ethereum blockchain is a security under U.S laws
Hester Peirce — Government Regulation Not the Only Way for Crypto
Hester Peirce — Government Regulation Not the Only Way for Crypto
11 March 2019, 16:16
SEC Commissioner, Hester Peirce suggests that the crypto industry can thrive without Federal legislation, stating it is not "the only way" for the space to progress.
Japan's Crypto Group Release Recommendations for ICO Regulation
Japan's Crypto Group Release Recommendations for ICO Regulation
08 March 2019, 21:48
No mainstream regulation? No problem. A self-regulatory crypto group in Japan release its own regulation for ICOs hoping relevant authorities will listen.
First Security Token Licensed Exchange to Launch in Asia
First Security Token Licensed Exchange to Launch in Asia
05 March 2019, 12:14
Meet the first regulated security token exchange to operate in the Asian market.
Taiwan to Establish STO as a Fundraising Model
Taiwan to Establish STO as a Fundraising Model
04 March 2019, 15:58
Authorities in Taiwan are set to legalize STO as a fundraising model for local companies after discovering its potential.
Thai Parliament Approve Securities Tokenization
Thai Parliament Approve Securities Tokenization
23 February 2019, 11:47
Thai lawmakers just approved securities tokenization for companies in the country.
Lithuania Release Updated Crypto and ICO Regulation
Lithuania Release Updated Crypto and ICO Regulation
21 February 2019, 08:53
The Central Bank of Lithuania has updated its position on cryptocurrencies and initial coin offerings (ICO) to reflect the current market realities. Crypto investment funds are now allowed to exist in Lithuania.
SEC Settle Charges With Gladius Network ICO After Self-Report
SEC Settle Charges With Gladius Network ICO After Self-Report
20 February 2019, 21:12
Crypto Startup, Gladius Network reported itself to the SEC as an offender for selling unregistered securities and got a huge discount from the regulators.
Will Binance Join the Security Token and Futures Market?
Will Binance Join the Security Token and Futures Market?
19 February 2019, 15:30
Will Binance offer security tokens and cryptocurrency futures contracts? CEO Changpeng Zhao answers.
Crypto-Friendly SEC Official — ‘Security’ Clarification Is Near
Crypto-Friendly SEC Official — ‘Security’ Clarification Is Near
11 February 2019, 16:26
SEC Commissioner, Hester Peirce has revealed what the SEC will likely do next in its war against ICO tokens.
MCash To Pay Back $6 Million To Chinese Investor
MCash To Pay Back $6 Million To Chinese Investor
07 February 2019, 11:15
Antony Liu and Mengxian Zhang, the men behind MCash token, has been found guilty of duping by a New York district court and ordered to pay $8 Million to Lijun Sun.
KIK VS SEC- Startup Challenge Proposed Regulatory Action
KIK VS SEC- Startup Challenge Proposed Regulatory Action
28 January 2019, 17:03
Kik Interactive Inc. has challenged the U.S Securities and Exchange Commission SEC) to a court case if the regulators impose an enforcement action against their platform.
Jamaica Stock Exchange To Add Security Tokens
Jamaica Stock Exchange To Add Security Tokens
24 January 2019, 21:24
After becoming the first national exchange to carry out a cryptocurrency trading pilot on its platform, the Jamaica Stock Exchange (JSE) plans to introduce security tokens to its clients in the next phase.
FCA Release Proposed Regulation For Crypto Assets
FCA Release Proposed Regulation For Crypto Assets
23 January 2019, 17:53
For the first time, the U.K Financial Conduct Authority (FCA) has defined Bitcoin and classified all type of cryptocurrencies in existence at this time. The proposed regulations have an April 5 deadline for public comments.
Fineqia International To Issue Tokenized Bonds On Ethereum
11 January 2019, 15:36
Fineqia International Inc., a crypto startup that wants to issue and clear tokenized bonds using the Ethereum blockchain announced on Thursday that is has taken a significant step in achieving that objective.
Colorado Senate Could Exclude Crypto From Securities
07 January 2019, 14:33
The bill called the “Colorado Digital Token Act” seeking the exemption of cryptocurrencies from securities law has been submitted for review by the Colorado Senate and could gather momentum in the coming months.
The UK Financial Conduct Authority Steps Up Plan To Regulate Crypto-assets
22 December 2018, 16:48
The United Kingdom (U.K) will soon add its name to the list of world jurisdictions that have provided regulation for cryptocurrencies
The US Congressmen Propose “Token Taxonomy Act” To Rescue ICOs From SEC's ‘Security’ Definition
21 December 2018, 08:54
The US Reps Warren Davidson and Darren Soto have followed up on their promise to provide a clear regulatory framework for the country's crypto industry, by releasing a new bill to the House
Africa's First Security Framework Arrives Courtesy of Raise and A&K Law Firm
Africa's First Security Framework Arrives Courtesy of Raise and A&K Law Firm
17 December 2018, 23:32
The African continent has taken a significant step towards making their mark in the future. Late last week, tech startup Raise, and a Kenyan law firm known as Anjarwalla & Khanna (A&K) collaborated to release Africa's first security token framework.
Warren Davidson Promise Crypto And ICO Regulation For The US
09 December 2018, 18:08
U.S Congressman Warren Davidson has raised hopes of crypto regulations coming to the US after making a promise to introduce a bill that makes cryptocurrencies an “asset class”
Harbor Launch Platform For Securities Tokenization
Harbor Launch Platform For Securities Tokenization
05 December 2018, 20:55
With asset tokenization now a trend in the crypto industry, US-based blockchain startup Harbor has announced the launch of an institutional grade securities tokenization platform. Harbor has listed its first client on their platform, a tokenized real estate investment trust (REIT) from Chicago-based Convexity Properties.
G20 To Align Crypto Regulations With FATF
G20 To Align Crypto Regulations With FATF
03 December 2018, 16:25
At a just-concluded G20 Summit held in Buenos Aires, Argentina, the body announced as part of its written declaration that they “will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards and we will consider other responses as needed”.
Dubai To Implement STO Regulations By Q1 2019
Dubai To Implement STO Regulations By Q1 2019
02 December 2018, 06:47
According to Jason King, a managing partner of the Dubai-based firm, Connected Global Strategies (CGS), the country’s regulators have already paved the way for STOs to thrive in the region by creating a regulatory framework for STOs . The government launched the Dubai Blockchain Strategy earlier this year and had sights set on making "Dubai the first city fully powered by Blockchain by 2020".
Blockvest Claims Preliminary Victory Over SEC Claims
Blockvest Claims Preliminary Victory Over SEC Claims
30 November 2018, 22:32
The U.S Securities Exchanges Commission (SEC) has met its first federal opposition in the recent crackdown against ICO projects. According to law.com, a San Diego District Judge, Gonzalo Curiel denied a request for a preliminary injunction by the SEC against the issuers of Blockvest ICO tokens.
CFTC will subject smart contracts to Commodity Exchange Act CEA and AML
CFTC will subject smart contracts to Commodity Exchange Act CEA and AML
30 November 2018, 05:21
The research arm of the U.S Commodity Futures Trading Commission (CFTC) known as LabCFTC has published a new guide about smart contracts. CFTC will subject smart contracts to laws such as the Commodity Exchange Act (CEA) and anti-money laundering (AML) rules
Founder of U.S First ICO Fraud Case Pleads Guilty
Founder of U.S First ICO Fraud Case Pleads Guilty
19 November 2018, 19:29

Maksim Zaslavskiy, the mastermind behind the first case of fraudulent ICO in the U.S has told a court in the Eastern District of New York (Brooklyn), that he is guilty of the offense.

Ripple prepares to fight a lawsuit in federal court
Ripple prepares to fight a lawsuit in federal court
15 November 2018, 05:08

An ongoing lawsuit between Ripple Labs and investors who labeled XRP as a ‘security’ token, has been moved to a Federal Court according to reports by a financial news agency, Unbnked.

Bitstraq, Malta exchange launches security tokens trading with VFA License
Bitstraq, Malta exchange launches security tokens trading with VFA License
13 November 2018, 12:51

Having become one of the first VFA Class 4 licensed crypto exchanges in ‘blockchain island’ Malta, Bitstraq is now eyeing the introduction of a security token trading platform for its clients.

EtherDelta founder fined by SEC
EtherDelta founder fined by SEC
08 November 2018, 23:07

The U.S Securities and Exchanges Commission has charged and heavily fined, Zachary Coburn, for setting up a digital trading platform that allows traders to buy and sell tokens that have been marked as 'securities’ by the regulators.

Bithumb To Open Security Token Exchange
Bithumb To Open Security Token Exchange
04 November 2018, 22:09

South Korea based cryptocurrency exchange, Bithumb has signed a new deal with an American Fintech firm, SeriesOne. According to a local news source, the purpose of the new union is to establish an exchange that is dedicated to trading security tokens.