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A comment on Coinbase reportedly gets approval from US regulators for tokenized securities. Parent comment

Re:Coinbase reportedly gets approval from US regulators for ... by repomies6999 on Tuesday July 17, 2018 @06:11AM (#17548570)
Token is like a bearer share which can be transfered digitally from person to person. Bearer shares are not that common nowadays but I understand that in the past they were quite popular.
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Re:Coinbase reportedly gets approval from US regulators for ... by ghaff on Tuesday July 17, 2018 @07:27AM (#17548862)
I assume that bearer shares fell out of favor for a number of the same reasons as bearer bonds. On the one hand, the average person doesn't really want to hold a lot of money in paper assets that they're responsible for the physical security of. On the other hand, governments don't like untraceable paper assets that can be used to transfer a lot of value because of money laundering etc.
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Re:Coinbase reportedly gets approval from US regulators for ... by will_brown on Tuesday July 17, 2018 @09:54AM (#17549737)
They were popular, and it’s not that they are not that common nowadays...they are now illegal in all US states (and I believe every country too).
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