Tokenised Securities: Is 24 hour trading a good idea?
One of the benefits often discussed with regards to tokenised securities, is that by putting them on the blockchain they will be able to be traded at any time of the day. This is in contrast to most traditional financial markets, like the London Stock Exchange, where trading in equities is only permitted between certain […]
Why an STO? (Security Token Offering)
By Andrew Adcock, CEO, Crowd For Angels In 2018, many publications mooted that ‘this was the year of the STO’. Yet for all that hype, you would be right in wondering what had actually been delivered. Unlike the ICO boom of late 2017, we did not see the flood gates open and funds pour in […]
How long would it take to become an Innovative Finance ISA Millionaire?
“…in this world nothing can be said to be certain, except death and taxes.”, so wrote Benjamin Franklin. The late great comedian Ken Dodd did his best to avoid both, unfortunately succumbing to death last year aged 90. Fortunately, while both are inevitable, there are many ways that UK investors can legally reduce their tax […]
Blockchain Jargon Buster
Confused by crypto? Baffled by blockchain? Then read part one of Blockchain Jargon Buster – our new series which aims to explain, in simple terms, the technical terminology and street slang used in the crypto industry. ICO – or an Initial Coin Offering, is an unregulated process by which funds are raised for a new […]
FCA clarifies crypto regulation and looks to increase investor protections
Last week the Financial Conduct Authority (FCA) released its long awaited consultation paper entitled Guidance on Cryptoassets. One of the operational objectives of the UK regulator is to secure an appropriate degree of protection for consumers, so it clearly has a remit to step in and protect investors from putting their money into this emerging […]
Security Tokens in 5 Images
There has been an explosion in the interest surrounding security tokens and STOs (Security Token Offerings). Unlike ICOs, that relied heavily on the value appreciation of a ‘utility’ token, security tokens benefit from real-world assets they represent. This connection helps bridge the gap between traditional finance and the blockchain world. Below we have produced five […]
Personal Taxation – Investments in Cryptocurrencies
Written by Tony De Nazareth, CEO and Director of Crowd for Angels who is a Fellow of the ICAEW. The HMRC recently published a new policy paper termed “Cryptoassets for Individuals” This is in line with our paper on Personal Taxation – Investments in Cryptocurrencies reproduced below: The guidance identifies three possible treatments for profits […]
Accounting for Initial Token Offerings – Revenue or Liability Recognition
Most companies which launch Initial Token Offerings (ITOs) want to avoid classification of their tokens as equity to avoid problems with the regulatory authorities. Therefore, assuming that the offering is liability financing rather than equity financing, the exchange of value must be properly recorded on the issuing company’s financial statements. The ledger entry would have […]
Stablecoins – Why They Are Becoming Important
Cryptocurrencies have been immensely volatile since they were launched. Although Bitcoin’s volatility has reduced in comparison to it’s early years, it remains high enough to not replace any of the traditional fiat currencies that exist today. Volatility is hindering cryptocurrencies’ ability to become established as a unit of account and medium of exchange. A potential […]
What Information Should Be Included In A Whitepaper?
A Token Sponsor’s whitepaper is a critical document. A whitepaper provides an overview of a Sponsor’s token project, as well as specifics on the project’s technological application, any related products or services, and how the digital tokens will operate. If the tokens are designed to monetise the value of such products or services, it may […]
