Category: Tokens

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French Pro Soccer Team Paris Saint-Germain Launches Fan Token

French professional soccer team Paris Saint-Germain is launching its fan token, which fans will first use to vote on an inspirational message for the captain’s armband. The fan token of top-tier soccer team Paris Saint-Germain (PSG) is now available for sale on the blockchain platform Socios, the team announced in a tweet on Jan. 28. …
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IBM Secures Patent for ‘Self-Aware Token’ to Record Events of Offline Transactions

Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. A patent document filed with the United States Patent…
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Kik Representative Will Give Deposition in SEC Case on Jan. 28

The U.S. SEC has requested that Kik Interactive Inc. provided detailed information about its operations since it released its native token, Kin. The United States Securities Exchange Commission (SEC) has requested a deposition from a representative of Kik Interactive Inc. to provide detailed information about its operations since releasing native token Kin. Kik Interactive, the…
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Chiliz Launches Crypto Exchange for Trading Sports Fan Tokens

Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. In a press release shared with Cointelegraph on Jan. 23, Chiliz detailed that the new exchange — Chiliz.net — will roll out in February after…
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Blockchain Association Supports Telegram in Legal Battle With SEC

The Blockchain Association has filed an amicus curiae brief in response to the litigation against Telegram initiated by the SEC. The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC). The Blockchain Association, a collective of advocates involved with the…
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SEC Calls Out Status of Telegram’s TON, Doubting Development

Telegram lawsuit update shows the SEC bashing TON’s blockchain development and lack of Gram token use cases. In the latest from U.S. Security and Exchange Commission’s (SEC) ongoing lawsuit against Telegram for its offering of Gram tokens, the commission bashes the messaging service’s blockchain and related token. In a lengthy filing with the court of…
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Circle’s Jeremy Allaire: Asset Tokenization Will Go Mainstream in Two Years

Circle’s CEO, Jeremy Allaire, projected that in the next two or three years the possibility of securitization of assets through tokenization will become more realistic. Jeremy Allaire, CEO of crypto payments firm Circle, projected that in the next two or three years the securitization of assets through tokenization will become much more realistic. Speaking at…
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Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force

The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force. The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force to develop regulations for security token offerings (STOs) and exchanges (STXs). In a Jan. 20 press release,…
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Team Behind Foin Token Scheme Explains Catastrophic Price Drop

The Foin project has released an official explanation of why its token tanked after the purported price pump. The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump.…
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Nets Player On Pace for Jan. 13 Tokenized Bond Launch

Brooklyn Nets player Spencer Dinwiddie will launch his tokenized security offering on Monday, Jan. 13, after reportedly settling terms with the NBA. Spencer Dinwiddie of the NBA’s Brooklyn Nets will launch his tokenized security offering on Jan. 13, in collaboration with digital securities company Securitize, after reportedly settling terms with the NBA. “The Spencer Dinwiddie…
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