Chile has set sights on the cryptocurrency sector as it looks to generate additional revenues. Immediate reports indicate that the country’s revenue authority will start taxing the sector, in the second quarter, as it seeks to expand the current tax structure.

The SET says that citing the growing interest of investors in digital assets, the exchange is willing to take new measures.

Several regulatory bodies and the South African central bank has proposed regulations to protect the local investors.

Vontobel’s venture into crypto custody sector is an extension of previous excursions in the crypto industry that began with issuance of Tracker Certificates for Bitcoin investors. Fidelity is the only major Wall Street institution with such services.

The new platform will make it easy for small scale news publishing startups to get through the on-boarding process. It will also provide affordable system for best editorial practices.

The tokenized securities platform will allow trading of real-world financial instruments like equities and commodities using digital tokens.

The security vulnerability would have allowed the attacker to steal the code and withdraw investors funds.

In this article, we address security token offerings, alongside the main benefits associated with this new regulated crypto fundraising model.

Offices belonging to Cryptopia remain under police lockdown after the New Zealand based cryptocurrency exchange suffered a major security breach. Immediate reports indicate that hackers could have walked away with millions of dollars, on gaining access to the exchange’s wallets.

The New York Stock Exchange parent company, Intercontinental Exchange, is moving forth with plans to launch its Bitcoin backed platform Bakkt.