Bank of Lithuania Issues Guidelines on Security Token Offerings

Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Guidelines Aiming to Avoid More … Read more

Washington Elite Announces Summit in Vienna

The Austrian capital hosts some of the world’s brightest minds in smart city, crypto, M&A and renewable energy October 11 – 12 during the Washington Elite AI and Blockchain Summit – Smart City Edition in Vienna, Austria. The post Washington Elite Announces Summit in Vienna appeared first on Bitcoin News. Go to Source Powered by … Read more

Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their combined total raised almost $20 billion during 2018. Also Read: … Read more

In the Daily: Exchange to List STOs, Crypto Tax Tool for Accountants, Coinbase Updates

In this edition of The Daily we cover a regulated exchange that is starting to list security tokens, a new tool for accountants serving cryptocurrency users, and Coinbase linking its platform and wallet app in addition to adding XLM trading on Coinbase Pro. Also Read: Survey: 70% of Cryptocurrency Owners Rarely Use It for Payments … Read more

Israel Securities Authority Wants a Dedicated Token Exchange

An Israel Securities Authority (ISA) committee tasked with examining the regulation of crypto coin offerings has submitted its final recommendations today, March 6. They include the option of creating a dedicated platform for trading digital assets. Also Read: In the Daily: Opera Browser, EY Tax Tool, Elliptic, Cryptopia Exchange Regulating Coin Offerings in Israel The … Read more

Aboveboard Founder Claims ‘Nobody Is Buying’ STOs

Andy Singleton, the founder of securities exchanges Aboveboard, has published an article asserting that the security token offering (STO) market is “lifeless.” While Singleton acknowledges the efficiency savings facilitated by the introduction of distributed ledger technology to the securities industry, he argues that current offerings are plagued by poor liquidity and inadequate disclosure,. resulting in … Read more

MOBU STO – A Security Token Issuance Platform With a Twist

If you have been in the cryptocurrency space for the past year I’m sure you have heard of ICOs. These are investment vehicles utilizing crypto that pulled in hundreds of millions of dollars worth of funding for various projects. The biggest problem with ICOs was the unregulated nature of the offerings which subsequently resulted in … Read more