By Ryan Bethem, COO, Chintai Ltd. Blockchain technology will indelibly change the global financial system by ushering in increasingly autonomous methods for issuance, management, and trading of securities. Fractional ownership, 24/7 markets, and depth of liquidity in historically illiquid asset classes are often cited as the notable potentials of tokenized securities. But encoded compliance controls that automate regulatory […]
The Japan Security Token Offering Association (JSTOA) announced that Magic Circle has officially become the association’s first and only non-Japanese member. Nine new companies were inducted, bringing the total JSTOA standing members to 33. Japan is one of the leading countries, along with the U.S., to adopt security token offerings (STO) as a legal form […]
The government of Monaco has formalized a Memorandum of Understanding with Tokeny Solutions as its technology provider to support the issuance of tokenized financial instruments. The Luxembourg-based fintech, that is currently setting up a subsidiary in Monaco, and its range of blockchain-based solutions, will allow the Principality to apply control and compliance to the Ethereum […]