Security Token Offering framework comes into focus
With the ICO boom in the rear mirror, investors and issuers are moving towards the Security Token Offering (STO) model. We look at the current STO space, the evolving regulatory framework, recent STO issuances, and ask the question — what happens next?
Malta proposes a regulatory framework for Security Token Offerings
The Malta Financial Services Authority has published a paper proposing a comprehensive legislative framework for Security Token Offerings (STOs). The authority sees STOs as a bridge between traditional securities offerings and technology-enabled securities offerings.
Malta’s banks not as ‘crypto friendly’ as first thought
Malta has become a leading hub for crypto startups – marketing itself as a go-to destination for blockchain businesses looking to capitalize on the country’s pro-crypto stance. Nonetheless, many crypto businesses are struggling to open bank accounts, and new guidance from the IMF may make that process even more difficult.
Malta continues to champion crypto as home of Euro-backed stablecoin
Hopes are high that a new Euro-backed stablecoin, the EURS, launched by Malta-based STASIS, will provide a bridge between the worlds of traditional finance and cryptocurrency - and attract institutional investors
Cryptocurrencies Bitcoin & co â new applications and regulatory challenges
Gaming regulators in jurisdictions such as Malta or the Isle of Man continue to assess wheth-er or not to allow digital currencies in a gaming environment, in particular within the licensed off er under their respective gaming legislation. In June 2014, the Isle of Man announced being âdigital currency friendlyâ and put amendments of its Gaming legislation in place. At the same time, the Isle of Man increased measures in order to protect players and combat crime. Before going into detail concerning the vast applications of digital currencies, the term âBitcoinâ and the understanding of âdigital currencyâ shall be defined for the sake of consistency within this article: Firstly, by using these terms we understand an alternative monetary system being a possible substitution and the opposite of traditional âmoneyâ that is emitted and controlled by national (central) banks. Secondly, by the terms âBitcoin / digital currencyâ we understand the peer-to-peer-system and its very specific technology of âblock chainsâ. And thirdly, inherent to the block chain system we understand these terms to define a Network Protocol that â for first time in history â allows the âprogrammabilityâ of money.
