organization:securities exchange commission

Capital Formation — the killer app for blockchain?
▻https://hackernoon.com/capital-formation-the-killer-app-for-blockchain-2f83aaaf4932?source=rss-

https://cdn-images-1.medium.com/max/1024/1*haB0OgzY6gW8guH_eBDODQ.jpeg

Liquidity. (Photo by Aleks Dahlberg, on Unsplash)Capital Formation — the killer app for blockchain?The real promise of democratized finance has yet to arrive to the party.You may think that ICOs have come and gone. And I honestly hope you are right.In November 2018, the Securities Exchange Commission (SEC) Enforcement Division reported that it was taking action against dozens of fraudulent ICOs, and that it has ordered $3.94 billion in total penalties for fraudulent crypto offerings during the 2018 Financial Year. Simultaneously, the SEC announced its settlement with crypto-marketplace EtherDelta, with fines and collaboration with the company. Pursuant to the settlement, EtherDelta has acknowledged that it should have registered as an Alternative Trading System (‘ATS’) with the SEC, or (...)

#r-token #tokenized-securities #democratized-finance #securitized-token #rule-144

Introducing a New Standard for Digital Stock Certificates: #erc-1450
▻https://hackernoon.com/introducing-a-new-standard-for-digital-stock-certificates-erc-1450-c7ec9

It is clear by now that one of the most important revolutions brought about by #blockchain technology will be the digitization of the world: transforming assets into tokens that represent the ownership of trillions of dollars worth of securities and real estate. However, in order to make that transition possible, there needs to be a marriage of decentralized applications and regulation. Why regulation?It turns out when you divide assets into small pieces and sell those pieces to investors, those fractional pieces of an asset instantly become securities. Securities are highly regulated by the Securities Exchange Commission (the SEC) and the 50 State Administrators. Effecting transactions of securities requires the intermediate to be a Broker-Dealer.In the past few years, American (...)

#ethereum #tokenized-revolution #digital-stock-certificate