“Ever since US Securities and Exchange Commission Chairman Jay Clayton stated that he has never met a utility token that was not a security, initial coin offerings in the US have all but evaporated.
Since then, a day has not gone by without someone announcing on securities token offering rather than an ICO. However, the secondary market for securities tokens has not yet appeared, which has left many investors questioning the real value of their digital investments.
The good news is that it is only a matter of time before the securities-token secondary market ramps up. Investors should expect to see the nascent secondary market kick off in the second half of next year… “
Eloisa Marchesoni of the Irish Tech News describes the latest trends in the tokenization to the broad public. Tokens are not just an invention linked to cryptocurrencies, as is often believed. Instead, tokens can be […]
Shamoil T. Shipchandler, a former regional director at the U.S. Securities and Exchange Commission (SEC) who oversaw several high-profile crypto cases, has left the agency for the global law firm Jones Day. Shipchandler led a […]
Though security tokens are not cryptocurrencies, but we may expect some exciting news soon on this adjacent class of crypto assets, as the US SEC is likely to look to examine cryptocurrencies in 2019 and […]