Latest news with #Token
Nikkei Asia
4 days ago
- Business
- Nikkei Asia
Singapore reins in crypto firms serving foreign clients
SINGAPORE -- Singapore's financial regulator on Friday signaled that the days of cryptocurrency companies targeting exclusively foreign clients from the city-state were coming to an end, as authorities tighten their oversight of such companies, concerned that they may act as conduits for dirty money. The Monetary Authority of Singapore (MAS) said in a statement that Digital Token Service Providers (DTSPs), a category used to classify crypto companies, serving only customers outside the city-state must stop this activity on June 30, unless they have a permit.
Yahoo
7 days ago
- Business
- Yahoo
Token Unveils BioKey: Next-Generation Biometric Security Key for Enterprise-Grade, Phishing-Resistant MFA
New FIDO-compliant USB, Bluetooth, and NFC BioKeys with biometric login and centralized management for enterprise use. ROCHESTER, N.Y., June 03, 2025--(BUSINESS WIRE)--Token, a leader in wearable and biometric authentication solutions, today announced the launch of Token BioKey, a new line of FIDO-compliant security keys that provide enterprises with phishing-resistant, passwordless multifactor authentication (MFA). Built with on-device fingerprint sensors and secure elements, Token BioKey delivers strong biometric authentication in a compact, field-upgradable form factor and compliments Token's wearable biometric smart ring. The Token BioKey series includes two models: Token BioKey: USB-only connectivity Token BioKey Plus: USB + Bluetooth + NFC + USB-rechargable Both models feature a capacitive fingerprint sensor for on-device biometric verification and an EAL5+ certified secure element for safe storage and use of FIDO credentials. The Plus model includes a battery to power radio functions when not connected to the user device. "Token BioKey is designed to meet the evolving security needs of modern enterprises," said Rob Osterwise, VP R&D, CTO of Token. "By combining biometric authentication with flexible connectivity options and centralized management, we're providing organizations with a scalable solution to combat phishing and other cyber threats." Key Features: Phishing-Resistant MFA: Mitigates risks associated with phishing, man-in-the-middle attacks, and other vulnerabilities of legacy MFA solutions. Biometric Security: Ensures that only the registered user can utilize the key, even if it's lost or stolen. Field Upgradable: Allows for firmware updates to address emerging threats and maintain cutting-edge security. Centralized Management: The Token Authenticator Console enables administrators to manage hardware assignments, customize security settings, and handle provisioning and deprovisioning across the organization. Seamless Integration: Compatible with major IAM and SSO solutions, including Microsoft, Cisco Duo, Okta, Google, and Ping. Token BioKey is now available for enterprise deployment. Organizations interested in enhancing their security posture with Token BioKey can request a demo at About Token In a world of stolen identities and compromised user credentials, Token is changing the way our customers secure their organizations by providing passwordless, biometric, multifactor authentication. We deliver the next generation of multifactor authentication solutions that are invulnerable to social engineering, malware, and tampering for organizations where breaches, data loss, and ransomware must be prevented. To learn more, visit View source version on Contacts Media Contact: Dan ChmielewskiMadison Alexander PR949-231-2965dchm@ Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Business Recorder
03-06-2025
- Business
- Business Recorder
Dubai's first tokenised real estate project signals ‘major transformation' for property sector
Last week it was reported that Prypco Mint - the MENA's first tokenised real estate investment platform backed by the Dubai Land Department (DLD) - saw its first property listing fully funded in one day, 'setting a regional benchmark for speed, demand, and investor confidence.' The property attracted 224 investors from over 40 nationalities - 70% of whom entered Dubai's real estate market for the first time - with an average investment amount of AED 10,714. Prypco said this highlighted 'the platform's wide appeal and the growing appetite for accessible, tech-enabled real estate opportunities in the region.' 'To see our first property fully funded in just a day reflects not only the strength of the concept but also a clear market demand for smarter, more accessible investment solutions,' said Prypco's CEO Amira Sajwani. Dubai's residential property prices expected to fall by 15%: Fitch Ratings The initiative continues to draw significant interest, with a waitlist that has over 6,000 requests. 'This surge in demand reflects Dubai's growing appeal to new segments of global investors seeking innovative and accessible property ownership models,' DLD said. So what exactly is a tokenised real estate project? Essentially, it allows users to own a share in a prime real estate project in Dubai properties through blockchain-based tokens, starting from AED 2,000. Joseph Dahrieh, Managing Principal at forex broker Tickmill, broke it down: 'A tokenized real estate project involves converting ownership rights or the economic value of a physical property into digital tokens that are recorded and traded on a blockchain platform.' Speaking to Business Recorder, he said 'this process enables fractional ownership, meaning a property can be divided into many smaller, more affordable shares represented by these tokens.' This approach aims to increase liquidity by making it easier to buy and sell these shares, lower barriers to entry for investors by reducing the minimum investment needed, and enhance transparency and security through the immutable nature of blockchain records, he explained. According to Prypco's statement, the platform converts tangible real estate assets into secure, digital tokens, each linked to a legally recognised Property Token Ownership Certificate issued by the DLD. 'This grants investors the same rights as traditional property ownership with none of the associated administrative burden, while enjoying benefits such as rental income, capital appreciation, and liquidity,' it said. Meanwhile DLD has said the certificate it issues will ensure 'a transparent and secure investment experience without the complexities of traditional property management', adding that investors will benefit from both rental income and capital appreciation resulting from the property's appreciation. Currently available exclusively to UAE ID holders, the platform is expected to expand globally in the near future. The project is jointly managed by DLD, as the regulator of physical real estate assets, and the Virtual Assets Regulatory Authority, as the regulatory body for digital assets. 'The collaboration ensures an integrated and transparent regulatory framework for this new and innovative model of property investment,' according to DLD. All transactions are carried out exclusively in UAE Dirhams, with no use of crypto currencies during the pilot phase. Through the platform, investors can access property details, ranging from pricing, risk factors, and technical specifications to the minimum investment required. In the current phase, the Central Bank of the United Arab Emirates will oversee the opening of corporate accounts linked to real estate tokenization through the Client Money Account system. This banking structure is designed to safeguard investor funds. What does this mean for Dubai's property sector? Dahrieh said 'tokenization signifies a major transformation aimed at democratizing investment and enhancing market dynamics.' He said 'it lowers investment barriers, attracting new retail and global investors.' 'This initiative is expected to boost market liquidity, transparency, and transaction efficiency. It also offers developers new funding avenues. Strategically, this aligns with the Dubai Economic Agenda D33 and Real Estate Strategy 2033, aiming to solidify Dubai as an innovative global hub,' he said. 'The DLD projects that tokenized assets could reach AED 60 billion, or 7% of the market, by 2033,' he added. The project is part of the Real Estate Evolution Space Initiative previously launched by DLD, which aims to 'position Dubai on the global map for PropTech and artificial intelligence.' DLD said the initiative fosters a flexible legislative environment and encourages the attraction of talent and start ups in the real estate sector, further enhancing Dubai's global competitiveness. Copyright Business Recorder, 2025
Arabian Post
28-05-2025
- Business
- Arabian Post
Navigating the Crypto Fundraising Maze: ICOs, STOs, and IEOs
Crypto startups seeking capital in 2025 face a complex array of fundraising options, each with distinct regulatory frameworks, investor protections, and market dynamics. The three primary models—Initial Coin Offerings , Security Token Offerings , and Initial Exchange Offerings —offer varied pathways to secure investment, each with its own set of advantages and challenges. ICOs, once the dominant fundraising method during the 2017 crypto boom, have evolved significantly. Initially characterized by minimal regulation and high volatility, ICOs have matured into more structured and compliant mechanisms. In 2025, successful ICOs average $14.7 million in funding over a 54-day campaign, reflecting increased investor confidence and improved project quality. This resurgence is attributed to enhanced regulatory clarity, more sophisticated project teams, and a focus on community engagement. STOs emerged as a response to the regulatory shortcomings of ICOs, offering tokens backed by tangible assets such as equity or real estate. These offerings comply with existing securities laws, providing investors with legal rights and protections akin to traditional financial instruments. While STOs offer greater transparency and investor safeguards, they also entail more complex and costly compliance processes, including thorough legal vetting and adherence to jurisdiction-specific regulations. ADVERTISEMENT IEOs represent a hybrid approach, conducted through centralized cryptocurrency exchanges that vet projects before listing their tokens. This model offers a level of due diligence and investor protection absent in traditional ICOs. Exchanges facilitate the token sale, handle Know Your Customer and Anti-Money Laundering procedures, and provide immediate access to a broad investor base. However, the reliance on centralized platforms introduces concerns about exchange fees, potential conflicts of interest, and the need for projects to cede some control over the fundraising process. The choice among these fundraising models depends on various factors, including the project's regulatory environment, target investor base, and desired level of decentralization. ICOs may be suitable for projects seeking rapid capital infusion with fewer regulatory hurdles, provided they can establish credibility and transparency. STOs are ideal for ventures aiming to attract institutional investors and those willing to navigate complex legal landscapes to offer asset-backed tokens. IEOs offer a middle ground, balancing regulatory compliance with broader market access through established exchanges.
Newsweek
20-05-2025
- Sport
- Newsweek
BetMGM Bonus Code NW150: Score Extended $150 Bonus for NBA Playoffs, MLB
The recently extended BetMGM bonus code NW150 will remain available throughout the month of May, so take advantage ahead of Game 1 of Thunder-Timberwolves on Tuesday night. The recently extended BetMGM bonus code NW150 will remain available throughout the month of May, so take advantage ahead of Game 1 of Thunder-Timberwolves on Tuesday night. Use the BetMGM bonus code NW150 to jump on the latest new user offer and get a $1,500 first bet safety net or $150 in bonus bets ahead of Game 1 of the Western Conference Finals between the Minnesota Timberwolves and the Oklahoma City Thunder. The offer you receive depends on your location. If you are in CO, MI, NJ, PA or WV, BetMGM gives you the "Bet $10, win $150 bonus" offer. If you are in another state, you are eligible to claim the $1,500 first bet promo. Click here to sign up for this offer before Timberwolves-Thunder. BetMGM Bonus Code NW150 for Timberwolves-Thunder BetMGM Bonus Code NW150 New User Offer Bet $10, Get $150 Bonus (CO, MI, NJ, PA, WV Only) $1,500 First-Bet Offer (all other eligible states) In-App Promos NBA Second Chance Scorer, Thunder-Timberwolves SGP Boost Token, PGA Hurricanes-Panthers Odds Boost Token, MLB Odds Boost Token, Hat Trick Jackpot Terms and Conditions 21+ and Present in Participating States Bonus Last Verified On May 20, 2025 Information Confirmed By Tyler Everett, Newsweek Sports Betting Let's first look at the Thunder-Timberwolves as it relates to the offer to bet $10 and win $150 in bonus bets. It is important to pick a bet you believe is likely to settle as a win. For example, if you think the Thunder have a good chance of winning Game 1, you can place your $10 wager on the Oklahoma City moneyline. If the Thunder end up winning, you will receive your $150 in bonus bets to use within the next seven days. If you are in a location that qualifies for the $1,500 first bet safety net, you have the opportunity to make an aggressive wager to start off your account, and if it loses, you will receive your stake back in the form of a bonus. Maybe you want to dig into player props and bet something like $750 on Julius Randle to score 20 or more points. If you win, you will receive a large payout. If you lose, you will get your $750 back in a bonus to use later on. Register with BetMGM Bonus Code NW150 To take advantage of this welcome offer, register for a new account with the BetMGM bonus code. You will be asked to enter basic identifying information, including your name, address, birth date, and current location. Make sure to enter the bonus code NW150 at this stage to secure your offer. Enabling location settings on your device will ensure that you receive the offer that you are eligible for. Then, you will need to make an initial deposit with a secure payment method. That initial deposit will cover your first wager with BetMGM Sportsbook. From there, you can place your bet to either win $150 or use the $1,500 first bet safety net. BetMGM Sportsbook Promos for Wolves-Thunder When you are signed up with a new BetMGM Sportsbook account, you can take advantage of multiple offers for Tuesday night's game. For example, BetMGM is offering a same game parlay boost for each game in the NBA Playoffs. Simply claim the token for Tuesday's Timberwolves-Thunder game to boost your potential winnings on a same game parlay. You can also use the second-chance scorer token. When you place a bet on a player like Shai Gilgeous-Alexander to score the first field goal of the game, you can use this offer to get your cash back if he scores the second field goal of the game. In addition to these NBA offers, there are promotions available for the Stanley Cup Playoffs and MLB games on Tuesday. Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator's terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.
