Tag: Security Token Regulation

Be Patient with Security Token Expectations, says HyperLink Capital
Opinions

Be Patient with Security Token Expectations, says HyperLink Capital

In a recent publication, the team behind HyperLink Capital has explained why they believe the liquidity which tokenization claims to bring to securities will take some time. Only after several phases in the future will there be a modification to existing securities laws, followed by institutional-grade entities joining the industry, which will subsequently unlock the…

SEC Chairman Jay Clayton: “I’m not going to change rules just to fit a technology”
Business

SEC Chairman Jay Clayton: “I’m not going to change rules just to fit a technology”

In a recent discussion, the US Securities and Exchange Commission (SEC) Chairman Jay Clayton highlighted his stance concerning cryptocurrencies, Distributed Ledger Technology (DLT), and securities laws. Ultimately, Clayton’s opinion suggests that most cryptocurrencies— including security tokens— are subject to the SEC’s existing securities regulations. The SEC’s Stance on Security Token Regulation Explained SEC Chairman Jay…

United Arab Emirates Recognizes Crypto Assets as Securities
Business, Opinions

United Arab Emirates Recognizes Crypto Assets as Securities

In early September 2018, the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) announced that it had approved a plan to regulate ICOs and recognize issued tokens as securities. Most recently, Dr. Hans Koning and Dr. David Meszaros— who are both familiar with the UAE cryptocurrency legislation— provided their input on the…

Circle CEO Supports Global Security Token Regs: ‘Which Token Offerings are Securities?’
Opinions

Circle CEO Supports Global Security Token Regs: ‘Which Token Offerings are Securities?’

Jeremy Allaire, CEO of Goldman Sachs-backed Circle, has made recent comments regarding the need for a unified regulatory framework for tokenized securities. While certain regulatory bodies have made progress, the focus— says Allaire— should be on an integrated framework to allow for global compliance. The Emerging Security Token Industry and Global Regulation The Paris-based Financial…

SEC Chairman Suggests Changes to Securities Rules that Favor STOs
Business

SEC Chairman Suggests Changes to Securities Rules that Favor STOs

Jay Clayton, Securities and Exchange Commission (SEC) Chairman since January 2017, made a recent statement which featured positive reception throughout the larger security token community. Clayton advised that the SEC is strongly open to new ways in which smaller firms can acquire capital and consequently cultivate a successful business. Increased Access to Capital Clayton’s message,…