Everyone’s Talking About Security Tokens But No One’s Trading Them

There’s a party happening right now and everyone’s invited. The music’s playing, the fridge is loaded and the bathtub’s full of ice. All the ingredients for the sickest soiree are in place. There’s just one problem: the guests have yet to arrive. Welcome to the world of security tokens, where you can tokenize anything you like, but making it tradable is another matter entirely. Also read: Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy STOs Are on the Rise But Liquidity Is Non-Existent HYGH is a peer-to-peer advertising…

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UK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last Year

The Financial Conduct Authority says crypto investors lost approximately $34 million from scams last year. The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20. According to the data, which the FCA gathered from the U.K. national fraud and cybercrime reporting center, Action Fraud, individual loss due to scams decreased from $76,000 to $18,500 while total losses fell by $14 million.…

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MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2%

A vote about whether to decrease the so-called stability fee by two percent for Maker’s DAI stablecoin has started. A vote about whether to decrease the so-called stability fee for MakerDAO’s ethereum blockchain-based decentralized stablecoin DAI has started. The vote was announced on the organization’s blog on May 17. If approved, the latest proposal would decrease the stability fee by 2% to 17.5% per year. According to the announcement, the need to decrease the fee was discussed during the MakerDAO governance call that took place on May 16. MakerDAO is…

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US SEC Postpones Verdict on VanEck ETF Application, Again

The U.S. SEC has added a 35 day period in order to hear more opinions on VanEck ETF proposal. The United States Securities and Exchange Commission (SEC) has delayed its decision on the VanEck bitcoin (BTC) exchange-traded fund (ETF) proposal, according to an official SEC filing on May 20. The SEC has added a 35 day period for gathering more information and opinions on the proposal, which was initially filed by the Chicago Board Options Exchange (CBOE) last year. In January, CBOE withdrew its request for a rule change when…

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Hodler’s Digest, May 13–19: Top Stories, Price Movements, Quotes and FUD of the Week

Bitstamp processed a very large sell order, while Bakkt’s bitcoin futures should be tested in July. Top Stories This Week Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Million Liquidated on BitMEX Major crypto exchange Bitstamp launched an investigation this week after a large bitcoin (BTC)…

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Zimbabwe Stock Exchange Eyes Blockchain-Based Products, Needs Regulatory Clarity

A Zimbabwe Stock Exchange (ZSE) executive said that blockchain technology is very good, but the exchange needs regulatory clarity. Zimbabwe Stock Exchange (ZSE) chief executive Justin Bgoni says ZSE is interested in adopting blockchain technology if regulatory certainty can be achieved, according to a report by local news daily The Chronicle on May 20 Bgoni, while in favor of blockchain technology, is waiting to apply blockchain technology at ZSE until regulatory certainty issues have been resolved: “Then there is the money side to blockchain technology. This is a bit difficult,…

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Expert: SEC Still In Information-Gathering Mode Regarding Bitcoin ETF

ETF.com’s Dave Nadig says that the U.S. SEC is “still in information-gathering mode” regarding a bitcoin ETF. The United States Securities and Exchange Commission (SEC) is “still in information-gathering mode” regarding a bitcoin (BTC) exchange-traded fund (ETF), the managing director of ETF.com told CNBC on May 20. Dave Nadig, managing director of а leading authority on ETFs, delivered his comments on the issue during an interview with the ETF Edge show. Nadig said: “It is clear the SEC is still in information gathering mode. […] Technically, there are deadlines, but…

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‘The Dollar Is Going to Self Destruct’: Talking Bitcoin With Ron Paul

Dr. Ron Paul was into sound money before it was cool. Before he became an initiate in the Austrian school of economics, he served as a flight surgeon in the United States Airforce and as a private practice OBGYN in Texas. Proselytized by the works of Ludwig von Mises and Ayn Rand, Paul decided to run for Congress in the ’70s following the termination of the Bretton Woods agreement — an international pact that was the dollars final, albeit tentative, tie to the gold standard. Nixon’s decision to withdraw from…

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