Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect …
Securities
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Markets
Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion
by shayaanby shayaanThe exchange’s first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives. www.coindesk.com
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Regulation
What is the Howey test? The 1946 rule that decides which tokens are securities
by shayaanby shayaanThe most important legal test in crypto was written in 1946 to settle a dispute about orange groves. That single sentence explains …
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Markets
DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
by shayaanby shayaanDTCC’s first live production trades using tokenized securities show how blockchain could reshape the infrastructure behind Wall Street. www.coindesk.com
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Finance
Tiger Securities Upgrades Coinbase to Buy, Sets $200 Price Target on Improved Bitcoin Outlook
by shayaanby shayaanTiger Securities has upgraded its rating on Coinbase Global Inc. (COIN) from Hold to Buy, setting a price target of $200, according …
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Regulation
Hong Kong Securities Industry Urges SFC to Ease Virtual Asset Rules
by shayaanby shayaanHong Kong’s Securities and Futures Professionals Association has urged the Securities and Futures Commission (SFC) to refine its virtual asset regulatory framework. …
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Adoption
Bullish Receives Gibraltar Approval To Launch Tokenized Securities Trading
by shayaanby shayaanBullish, an institutionally focused global digital asset platform, is excited to announce that it has received approval from the Gibraltar Financial Services …
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Finance
Shinhan Investment & Securities and Kaia Investment Partners Develop Tokenized RWA Product Targeting 5% Yield
by shayaanby shayaanShinhan Investment & Securities is collaborating with Kaia Investment Partners (KIP), an investment firm operating under the Kaia blockchain mainnet, to develop …
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Regulation
Japan’s FSA orders moomoo Securities to halt new account openings until September
by shayaanby shayaanJapan’s Financial Services Agency has suspended part of moomoo Securities’ operations for three months and ordered the brokerage to strengthen its internal …
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Regulation
South Korea’s Finance Ministry Classifies Tokenized Stocks as Securities, Taxation Could Begin in H2
by shayaanby shayaanSouth Korea’s Ministry of Strategy and Finance has indicated that tokenized stocks are currently classified as securities under existing law, a position …