Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility.
Category: utility tokens
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Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only […]Powered by WPeMatico
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens. Changes to the Draft Legislation The Dubai Financial Services Authority (DFSA), the financial regulatory agency of UAE’s special economic zone, the Dubai International Financial […]Powered by WPeMatico
How to pick or analyze altcoins?
Before investing in altcoins, you should look into the project’s whitepaper, demand-supply elements, team and stakeholders behind the project.
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Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did not amount to a security offering. Token Value Growth However, in response to […]
The post Israeli Regulator Designates Utility Tokens Issued by Companies as Securities appeared first on Bitcoin News.
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UK Regulator: Utility Tokens Are Not Subject to Securities Laws
Britain’s financial regulator is seeking to clarify which cryptocurrency activities need to be officially authorized. The regulator is specifically cautioning that it may ban the sale of crypto derivatives such as CFDs later this year. It’s also clarified that cryptocurrencies and utility tokens are not securities. Also Read: Blockchain.com Launches New Educational Resource With BCH […]
The post UK Regulator: Utility Tokens Are Not Subject to Securities Laws appeared first on Bitcoin News.
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5 Key Features to Explore When Using TRONWallet
The TRON ecosystem is bound to undergo some very big changes in the coming months and years. Making the ecosystem for more accessible to the everyday user is the first order of business at all times. TronWallet, a project released by the TRON Foundation, offers the following five key benefits for users to explore. #5 […]
The post 5 Key Features to Explore When Using TRONWallet appeared first on NullTX.
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CFTC Warns ICO Speculators About Misleading Utility Tokens
Regulatory changes in the United States have put a spotlight on ICO tokens. On the one hand, there are the securities tokens, which need to be avoided. Utility tokens are a gray area for the time being. The CFTC has issued an official warning regarding utility tokens, as not all of these offerings may technically […]
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PR: Titanic Explorer Joins PO8 – a Bahamian Company Using Blockchain to Recover Underwater Artifacts
Freeport, Grand Bahama – David Gallo, one of the most respected Oceanographers in the world has joined PO8, a marine archaeology start-up company in The Bahamas utilizing blockchain technology to unearth billions-worth of sunken artifacts and treasures from Bahamian waters dating back to the Spanish Galleon treasure ships of the Spanish Empire.
With the use of blockchain, PO8 will bring full transparency to all stakeholders including the government of The Commonwealth of The Bahamas, which for the last 18 years has held a moratorium over its territorial waters preventing underwater expeditions due to years of looting, corruption and lack of oversight.
The post PR: Titanic Explorer Joins PO8 – a Bahamian Company Using Blockchain to Recover Underwater Artifacts appeared first on Bitcoin News.
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US State Exempts Cryptocurrencies From Property Taxes
While some governments around the world, both local and national, are taking steps to try and limit the spread of the use of cryptocurrencies, many others are trying to ensure their citizens are free to adopt the revolutionary technology. The latest example of this is the US state of Wyoming where the legislator has recently approved […]
The post US State Exempts Cryptocurrencies From Property Taxes appeared first on Bitcoin News.
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