Weekly Tokenization Digest, February 28 — March 6
🌎 Stobox Weekly Tokenization Digest is an overview of the most important events in the tokenization and crypto industry. It’s the best way to be aware of the most insightful news! Fasten your seat belts!
Blockchain Investor coinIX Invests in AllTokenFootball, A Fan-Centric Digital Ecosystem for Sports Practices
The current investment expands the portfolio of the investment company coinIX GmbH & Co. KGaA, specializing in digital assets and blockchain technology investments.
FV Bank Launches API to Enable Fintech and Blockchain Businesses to Seamlessly Integrate Banking Automation
FV Bank, a U.S.-licensed global digital bank, has launched its first application programming interface to promote bank automation and integration.
UK Government Wants More Power to Seize Crypto Assets: Report
The Financial Times reported on Feb 28 that the UK government is considering a package of laws to combat money laundering that will give it the ability to seize digital assets.
The BC Group, Archax, and InvestaX have formed a global consortium on security tokens
The BC Group, which owns OSL, Hong Kong’s sole authorized crypto exchange, is launching a security tokens consortium to assist in the growth of the sector and the establishment of global standards.
South Korea to invest $187M in the national Metaverse project
The Ministry of ICT, Science, and Future Planning in South Korea has committed 223.7 billion Korean won to the creation of a comprehensive metaverse ecosystem promoting the growth of digital content and business growth in the country.
Gemini joins Coinbase and Block at the Crypto Council for Innovation
The Crypto Council for Innovation, or CCI, has announced that Gemini will be included to its list of crypto-friendly companies aimed at assisting legislators with relevant regulations.
China’s Supreme Court Targets Illegal Fundraising Via Crypto Transactions
The Supreme Court of China decided on Feb 25 that some virtual asset transactions might be considered “illegal fundraising,” clearing the stage for legal action against the cryptocurrency sector.
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