In the second half of 2018, security tokens became one of the most written about areas within the growing digital asset industry.
Publications have started to call 2019 the year of the security token.
What does that mean? Are all tokens created equal? The reality is that the term "Security token" is an overly broad designation which lumps digital assets and digital securities into a single bucket.
It's possible for a digital asset to convert to a digital security, and vice-versa, based on the facts and circumstances of the token.
Of course, securities regulators usually regard digital asset tokens as securities because they often involve purchasers investing money to acquire the token expecting to make profits from the efforts of others who use the purchasers' funds to develop the network.
Securities regulators might entertain arguments that, at some point in time, such digital asset tokens are no longer securities.
Therein lies the gray area whereby the SEC has stated that it's likely that most tokens are in fact securities and should adhere to applicable regulations.
A digital security, often referred to as a tokenized security, is essentially a traditional security that has been launched as a blockchain token.
These digital tokens are plainly intended to be securities and are subject to traditional securities laws.
Today, we see issuers of digital assets considering retroactively taking steps to meet security regulations in the U.S. and other jurisdictions.
All Crypto Is Created Equal? That's What Regulators Seem to See
Publié le Jan 15, 2019
by Coindesk | Publié le Coinage
Coinage
Nouvelles récentes
Voir tout
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.