Bitfinex To Roll Out Security Token Offerings (STOs) Platform In Kazakhstan
The new Bitfinex STO trading platform is now ready to operate in Kazakhstan. It will allow investors access the tokenized securities and blockchain-based equities. Popular Bitfinex cryptocurrency exchange has announced its plans to launch a trading platform that focuses on STOs (Security Token Offerings). Bitfinex recently announced that they scheduled the new platform to operate in compliance with Kazakhstan financial laws. This is in line with the provision of (AFSA) Astana Financial Services Authority. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC....
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The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.” Despite some of the first security token offerings (STO) launching at least four years ago, the STO industry is still yet to take off, according to an executive at the INX cryptocurrency trading platform.The STO industry is still nascent compared to the overall digital asset industry as companies and individuals are just getting into the field, INX’s chief business officer Douglas Borthwick said in an interview with Cointelegraph.According to Borthwick,....
While the Bitcoin mining trading is fading in Kazakhstan, Bitfinex debuts its STO platform with a BTC mining-related token. Major global cryptocurrency exchange Bitfinex is finally moving forward with its security token platform (STO) in Kazakhstan, opening the first day of trading.Bitfinex Securities, Bitfinex’s blockchain-based investment platform, is officially starting on Tuesday, the company representatives announced to Cointelegraph.Announced in September 2021, the new STO platform is regulated within Kazakhstan’s national financial hub known as the Astana International Financial....
According to a recent report, Kraken’s new CEO, Dave Ripley, announced that he does not intend to register Kraken with SEC. Security token offerings (STOs) started gaining traction in the crypto industry in 2017 and grew remarkably in 2018. The number of successful STOs increased over the years and is still growing. However, many crypto […]
Bitfinex’s new security token platform will provide exposure to blockchain-based equities, bonds and investment funds. Hong Kong-based cryptocurrency exchange Bitfinex is moving into the security token offering (STO) industry by launching a new STO platform regulated in Kazakhstan.Bitfinex Securities, Bitfinex’s blockchain-based investment product provider, has launched its investment exchange regulated in Kazakhstan’s national financial hub, the Astana International Financial Center (AIFC), the firm officially announced on Monday.The new STO platform will reportedly operate under the AIFC....
Germany joins countries such as France, Luxembourg, Spain and Portugal by greenlighting the Bitcoin-based EXOeu token. German financial regulators have approved a security token offering (STO) based on a Bitcoin (BTC) sidechain.Germany’s Federal Financial Supervisory Authority (BaFin) has greenlighted the EXOeu token by game publisher Exordium, making local retail investors eligible to participate in the sale on Stokr, a major European digital marketplace.German investors can invest in EXOeu via Stokr with a minimum investment amount of $100. EXOeu is the second STO ever approved for the....