Spencer Dinwiddie to Tokenize His NBA Contract; Pro Athletes Should Follow Suit – CCN.com

On September 13th, CCN reported that Brooklyn Nets point guard Spencer Dinwiddie plans to convert his $34 million contract into digital tokens. The move allows the NBA player to receive a lump sum payment as investors purchase the digital asset. Spencer Dinwiddie will lose out on some future income to pay investors. However, the lump […]

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Swiss Regulator Grants First-Ever Banking Licenses to 2 Blockchain Firms

By CCN Markets: Blockchain projects around the world have been seeking approval, or for that matter, concrete guidance, from regulators such as FINMA for the last several years. FINMA, the Swiss financial regulatory watchdog, has approved two requests for banking licenses. The two licenses were issued to blockchain businesses. These regulatory strides are not likely […]

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Tezos Lands $1 Billion Security Token Deal with Major Brazilian Bank

Latin America’s largest investment bank, Brazil’s Banco BTG Pactual S.A., has announced plans to launch Security Token Offerings (STOs) on the Tezos blockchain. The news marks a major step for the Tezos Foundation. $1 Billion Worth of Security Tokens to be Issued Banco BTG Pactual will work in collaboration with Dubai’s Dalma Capital “to host […]

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