Spencer Dinwiddie was aiming to raise $13.5 million by selling 90 SD26 tokens priced at $150,000 per token—only 9 tokens were sold.
The 15-page document sets out how the new licensing structure would allow for fully-regulated trading of security tokens in the country.
Japan STO Association and Japan Virtual Currency Exchange Business Association are now formally recognized as self-regulatory groups.
Wesley Snipes has teamed up with the Liechtenstein Cryptoassets Exchange to tokenize a movie fund built on a fully compliant security token offering.
Wayne Trench, CEO of OSL Brokerage, is trying to build a more mature and sophisticated brokerage system for securities trading.
The Financial Services Commission stated in the note that securities tokens are categorized as securities under the country’s Securities Act of 2005.
Taiwan will implement securities token offerings cautiously, the country’s Financial Supervisory Commission has revealed. It intends to introduce new laws for the crypto industry by June.
Thailand’s Securities and Exchanges Commission has approved the first initial coin offering portal. And the commission isn't stopping there, promising to look into Security Token Offerings next.
Banco BTG Pactual announced plans for the security token, which will be backed by distressed real estate.