When Security Tokens are done correctly, they don’t skirt law and regulations, they remove financial institutions and middlemen.” Anthony Pompilano, The Official Guide to Tokenized Securities Tokenized securities Security tokens, regulated tokens, tokenized securities – they go by a few names, but they all attempt to solve the same problem: bringing together securities regulation and blockchain token offerings. They are also…
This article is originally posted at Coincentral.com on July 9, 2018 by David Hamilton It’s not always easy to tell how your government feels about cryptocurrencies, especially when there are so many politicians attempting to paint cryptocurrency in a negative light. Ironically, many of these individuals are, at the same time, pushing for more blockchain sector development. As you are…
The CSA has issued further guidance on the securities law implications for token offerings. The notice sets out situations in which an offering may involve an offering of securities, and how regulators may deal with offerings that are structured in multiple steps (such as those utilising SAFT agreements). The notice urges issuers with proposed offerings to consult their legal representatives…
This article is originally posted at Coincentral.com on June 28, 2018 by David Hamilton Government agencies are showing a rising interest in digital assets. Every day, new crypto confiscations are making headlines, and governments are cashing in big time on the profits earned through these activities. The result is a rise in crypto confiscations across the globe. Breaking the law…
This article is originally posted at Coincentral.com on June 14, 2018 by Aaron Mangal The status of Bitcoin and Ether as securities has been a hotly debated topic and a great source of angst among the community due to a lack of guidance and regulatory clarity from the SEC. Now, however, the SEC’s Director of Coporate Finance, William Hinman, announced at…
This article is originally posted at Coincentral.com on June 8, 2018 by Sarah Rothrie The ICO has become the go-to method for blockchain startups to crowdfund their new ventures. However, in January 2017, Vitalik Buterin published his idea for a new model improving on the ICO – the DAICO. The acronym is a contraction of DAO and ICO, standing for “Decentralized…
This article is originally posted at Coincentral.com on May 21, 2018 by Erin Gorsline Blockchains and cryptocurrencies were originally designed to remove the need for central authorities. However, centralized exchanges (CEX’s) like Coinbase contradict this value and put control back into the hands of companies that function similar to banks. As well, in the past four years, hackers have run off with billions…
This article is originally posted at Coincentral.com on May 14, 2018 by Richard Malone Crypto Facilities, a fully-regulated cryptocurrency exchange based in London, is now offering Ethereum futures contracts. At 4:00pm GST on May 11th, the exchange became the first licensed organization to provide Ether derivatives trading, representing a significant step towards institutional maturation for the nascent cryptocurrency market. Investors will now be…
Thinking of conducting an airdrop? You’re not alone. This year has seen a marked increase in the number of companies using airdrops to distribute tokens (to the point that some have likened the airdrop to spam). There are a number of reasons behind this surge in popularity – including the heightened uncertainty surrounding the regulatory status of ICO’s. However, while companies…
This article is originally posted at Coincentral.com on April 27, 2018 by Cole Gibson In recent years, cryptocurrency has become much more than just a hobby or speculative investment. It has become an industry ripe with opportunity. While China is still the global leader in cryptocurrency mining, their restrictions on crypto are forcing crypto businesses to look elsewhere for a place to…