2018-12-13 19:58 |
STO facilitator TokenSoft has acquired interest in a regulated broker-dealer to provide services that were previously impossible for the firm. origin »
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Uphold is set to become one of the first cryptocurrency businesses in the U.S. to offer securities on an omnibus basis to retail investors, the company said.
U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.
ConsenSys aims to use its new acquisition to offer tokenized municipal bonds in a market ripe for disruption.
In a joint statement Monday, the SEC and FINRA laid out the issues they must examine before approving broker-dealer applications from crypto startups.
Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups.