Security Token Offering (STO) is still illegal in the country, reminds China

The many recent attempts by projects to raise money with a Security Token Offering (STO) triggered China to remind projects about the legal implications of Security Token Offerings. Huo Xuewen, the chief of Beijning’s Municipal Bureau of Finance has reminded many projects considering doing a Security Token Offering, that it’s still considered an illegal form

Anchoring Crypto: STOs Will Finally Peg Tokens to Calculable Price Points

CoinSpeaker Anchoring Crypto: STOs Will Finally Peg Tokens to Calculable Price Points Over the last year or so, blockchain-based efforts at finding backers have rocked the finance world. Initial Coin Offerings (ICOs) provided an alternative path for companies to launch their products and services in the blockchain by selling them directly to their ultimate users,