Quantcast
SEC's Absence at Binance Settlement Announcement Raises Questions
Binance Tops PYMNTS' Provider Ranking of Crypto Wallets
Binance’s Top Executive Team to ‘Remain Intact,’ New CEO Says
Le FSB souhaite s'assurer que les règles pour les bourses crypto sont suffisantes - Coins.fr
Selon le célèbre Arthur Hayes, le traitement réservé à CZ et Binance par les USA est absurde
Les plans du nouveau PDG de Binance après le départ de CZ
Guerre anti-crypto : Binance.US traqué par la SEC
Binance menacée de fermer ? Ce nouvel élément déterminera tout
Columbia Business School Professor on Binance settlement: Major financial firms have been caught doing worse 'yet suffered much milder consequences’
Binance investit dans Open Campus, un protocole éducatif web3 - Coins.fr
“Il m’a royalement ignorée” : Christine Lagarde raconte la mésaventure crypto de son fils
Waltio lève 1,8 million d'euros, notamment auprès du Crédit Agricole
Bitcoin ETF Optimism Spurs Largest Asset Inflows Since Late 2021
New Binance CEO shares vision for crypto’s future
Fraudes aux crypto-actifs : KPMG et Chainalysis s’allient - Coins.fr
Agrément PSAN : le scepticisme des acteurs traditionnels
Binance settles with US regulators, CEO steps down as part of deal
Après la condamnation de Binance, les filiales sous pression
Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty
Mastercard is making efforts to better detect crypto fraud with AI tie-up
US Seeks More than $4 Billion From Binance to End Criminal Case
UK retail sales fall to two-year low as inflation-hit consumers cut spending
Europe needs its own SEC, says Christine Lagarde
Singapore opens the door to a shrinking market
Macron argues against 'punitive' AI regulation
A Chypre, un conglomérat de cybersurveillance entre opacité juridique et optimisation fiscale
Lagarde calls for European SEC, Unified Exchange to address regional challenges
L'échange d'infos fiscales crypto automatisé dans 47 pays en 2027 - Coins.fr
CoinShares prend une option sur Valkyrie et son ETF Bitcoin spot - Coins.fr
Binance : Une responsable de la lutte anti-terrorisme quitte le navire à son tour

MANTRA CEO: 'Issuing it [the token] with the proper legal stack behind it is really the challenge'

Web3/Crypto
Webp mullin
John Patrick Mullin | Crypto Republique

John Patrick Mullin, CEO of MANTRA, addressed the complexities of token distribution during his talk at Binance Blockchain Week. He said that while creating tokens is straightforward, ensuring compliant distribution with a "proper legal stack" presents a significant "challenge."

"Creating the token is not the hard part here, right," said Patrick Mullin. "The distribution, doing it compliantly, actually issuing it with the proper legal stack behind it is really the challenge. We're building a permissionless blockchain, but with a permission layer... making sure that anything that's coming on-chain has provable, verifiable provenance, and is done compliantly with the proper regulatory approvals."

According to a report by Osler, Hoskin & Harcourt LLP, the process of tokenizing real-world assets (RWAs) involves navigating complex legal frameworks. These include securities laws, anti-money laundering (AML) regulations, and data privacy statutes. Compliance in these areas is crucial to avoid potential legal issues.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Bitbond's report highlights that regulatory approaches to asset tokenization vary widely across different countries. This variability requires a comprehensive understanding of local laws to ensure successful and compliant tokenization.

A study by Luke Lee explores the intricate legal landscape surrounding digital assets. It analyzes how these assets are defined and regulated as property in various jurisdictions. The intangible nature of digital assets poses unique challenges to traditional property law concepts, necessitating a re-evaluation of legal definitions and ownership frameworks.

Binance Blockchain Week is described on its website as a conference that gathers innovators, founders, investors, regulators, and officials to discuss blockchain and Web3's future. The theme for this year's conference is "Momentum." The website states that "Momentum propels our industry, not only taking us through challenges but also leading us to our biggest achievements."

MANTRA is identified as a blockchain platform focused on tokenizing RWAs while adhering to regulatory requirements. It supports developers and users with low-cost transactions, identity verification, and KYC/AML compliance. Built on Cosmos SDK with Inter-Blockchain Communication (IBC), MANTRA facilitates secure cross-chain transactions, decentralized identity (DID), and governance.

Organizations Included in this History
More News

Matt Law, Chief Commercial Officer at Outlier Ventures, said that it would not "surprise" him if many people embrace "more efficient," cost-effective systems like tokenization to gain the "same user benefit."

Nov 16, 2024

John Patrick Mullin, CEO of MANTRA, said that Larry Fink’s public endorsement of tokenization has accelerated its adoption at both "startup" and "institutional" levels, though less so in "retail" blockchain use.

Nov 16, 2024

Bruce Pon, co-founder and CEO of Ocean Protocol, said that the combination of "AI and blockchain" unlocks significant "potential" for new entrepreneurial opportunities and substantial value creation.

Nov 14, 2024

Irina Heaver, a crypto lawyer at NeosLegal, emphasized the importance of user education in the cryptocurrency sector.

Nov 14, 2024

Richard Teng, CEO of Binance, said that cryptocurrency is in the "early stage of adoption" globally, although major institutions are beginning to embrace blockchain and crypto agendas.

Nov 12, 2024

De Nederlandsche Bank (DNB) has announced a €2,250,000 fine for Bybit Fintech Limited.

Nov 12, 2024