tZero

Crypto Investor News for 11/16

Your Crypto Rights (Binance): A manifesto for how the crypto industry needs to evolve, with a priority on your rights as an investor. Investor Takeaway: Binance, which makes up part of our Future Winners portfolio, is once again leading the charge with a future-focused take on crypto regulation. We agree with all ten points. Read them. A six-minute explainer video on DeFi, courtesy of Wall Street Journal.Investor takeaway: Remember, the platform that most DeFi is built upon is Ethereum, which is why we buy and hold ETH for the long

Overstock Will Airdrop Millions of Security Tokens to Its Stockholders

Overstock has slated May 19 as the date to airdrop OSTKO security tokens as a dividend to its shareholders. They’ll get one security token for every ten OSTK shares they own as of April 27, making for 4.37 million tokens to be distributed in total.Importantly, trading for these tokens will take place exclusively on Overstock’s alternative trading system tZERO. It processes less than $10,000 in daily volume on average.Documents filed with the United States Securities and Exchange Commission (SEC) on April 7 announced May 19 as the scheduled date for

SEC Demanding Feedback Regarding Proposed Security Exchange Of tZERO’s

Through a letter dated the 1st of April, the Securities and Exchange Commission, or SEC, gave out, the regulator stated that it would extend the timeline in regards to its review of the operations by a security token exchange, particularly one affiliated with tZERO.Needing More Time To Review ProposalIn what’s assumed isn’t an April Fools joke, the SEC stated that it would seek further analysis and input when it comes to BOX Options Exchange’s proposal for rule changes. These changes were made in order to start its operations within the

SEC Postpones Decision on Overstock-Affiliated Security Token Exchange

The United States Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange (BSTX).In a letter published on April 1, the regulator postponed the current April 2 deadline in light of responses to a recent proposed rule change to BSTX’s original filing.The proposed exchangeBSTX is a project for a regulated security token exchange platform that would be jointly owned by Box Digital Markets and Overstock’s blockchain arm tZERO. As the SEC summarizes in its April