Canadian regulators have frozen the assets and activities of a blockchain firm and instructed investors to step forward. The AMF (Autorité des marchés financiers) issued a statement described as a "call to investors" regarding the company in question, Laboratoire Blockchain Inc, as well as three affiliated individuals. Following the recent announcement that the Canadian federal government is...
A prominent securities markets body in Thailand is preparing a blockchain-based token that will power instant clearing and settlements of corporate bonds. After researching blockchain technology for a bond registrar services platform, the Thai Bond Market Association (TBMA) has revealed its intention to create a “Bond Coin”, a custom token on a private blockchain between permissioned participants...
The association of securities firms in Thailand is reportedly planning to jointly launch a new cryptocurrency exchange amid the growing retail and institutional interest in crypto trading. The Association of Securities Companies (ASCO) – the collective body representing Thailand’s securities firms – is exploring the possibility of establishing a joint cryptocurrency exchange, the Bangkok Post...
A trade group representing venture capital firms that invest in cryptocurrencies has requested that US securities regulators provide formal assurance that ether, the native currency of the Ethereum platform, is not a security. As CCN reported, the “Venture Capital Working Group” -- comprised primarily of lawyers and representatives from Silicon Valley venture firms Andreessen Horowitz and Union...
Initial Coin Offerings (ICO) have raised more than $4 billion USD since 2013, and government agencies are analyzing their regulatory implications. Some tokens issued through such an offering may be considered ‘securities tokens’ and even be in violation of securities laws. A new, decentralized protocol, however, is setting out to make it easier than ever to issue asset-backed blockchain tokens...
South Africa’s Central Securities Depositories (CSDs) Strate has signed a Letter of Intent with Russia’s National Settlement Depository NSD at the Sibos event in Geneva in September 2016 to forge a partnership that will develop solutions utilizing blockchain - or the Distributed Ledger Technology (DLT).