What Lessons Can Token Issuers Learn from Recent Federal / State Securities Enforcement Activity?

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In this article we discuss a number of lessons that we believe issuers of digital tokens can draw from recent enforcement actions brought by federal and state securities regulators. But we first need to define the perimeter we will be covering. There has been a… Read More

SEC Suspends Trading of OTC Listed IBITX Software Due to Questions Regarding Cryptocurrency Operations

The Securities and Exchange Commission (SEC) has issued another trading suspension regarding a company associated with cryptocurrency services. IBITX Software is a company that claims to operate IBITX as a “Dynamic new type of currency exchange which matches new Initial Currency Offerings (ICOs)” IBITX says it is “one… Read More

Hartford InsurTech Hub’s Accelerator Hosts First Demo Day

The InsurTech Accelerator, part of Hartford InsurTech Hub powered by Startupbootcamp InsurTech, recently hosted its first Demo Day at The Bushnell Theatre, in Hartford, Connecticut. According to organizers, out of the ten startups graduating from the cohort, five startups have already secured pilots with leading insurance companies… Read More

Assetz Capital Joins Positive Lending Panel

UK-based peer-to-peer lending platform Assetz Capital announced last week it has joined the panel of mortgage packager specialist Positive Lending. This news comes just days after the online lender reached a record number of loans available to investors using its Manual Lending Account (MLA), with… Read More

Customers Bank Becomes Latest Financial Institutions to Implement Modern Core Banking Platform For FIS

FIS (NYSE:FIS), a financial services and payment technology firm, announced last week Customers Bank is one of the latest community-based financial institutions to implement its modern core banking platform. According to FIS, the new core banking platform provides a more intuitive and easy-to-navigate user interface, integrated digital… Read More

Unison Reports 1000% Growth Year over Year in Home Ownership Origination Volume

Unison, a unique financing platform for home ownership investments, is reporting strong year-over-year growth. According to the company, following a solid 2017, the origination volume for the first quarter of 2018 has grown and increased 1000 percent over the comparable period last year. This is… Read More

Iran Bans Cryptocurrency to Stave off Currency Crisis

Attempts by Iranian citizens to trade their rapidly deflating rials for US dollars or cryptocurrencies like Bitcoin are being vigorously scuttled by Iranian authorities. The latest ban on cryptocurrencies, reported by the state news agency IRNA, follows the imposition of standardized exchange rates across the… Read More

Amazon Web Services Launches New Blockchain Templates

Amazon Web Services (AWS) announced last week the launch of its new blockchain templates. According to the web company, the AWS Blockchain Templates provide a “fast and easy way” to create and deploy secure blockchain networks using popular open source frameworks. AWS also reported that… Read More

FinTech Hive at DIFC Announces Program & International Expansion

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced last week its upcoming programme will expand its themes to include insurance, Islamic finance, and regulatory technology services. According to the organization, this program will continue to bridge the… Read More

The Security Token Sale is Now Open: VRBex Announces Compliant Cryptocurrency Exchange and Initial Coin Offering

VRBex Inc., a new cryptocurrency exchange that is being led by former BBVA bankers, has announced an initial coin offering that is kicking off today. VRBEX said it will operate an exchange and security-token trading platform, along with storage and payments in cryptocurrency. The VRBex platform will… Read More

Swedbank Invests €3 Million in White Label Digital Banking Solution Meniga

Meniga, a UK-based digital banking solution, announced on Monday it secured a €3 million investment from Nordic banking group Swedbank. The fintech startup reported that the investment follows a partnership agreement to launch its personalized digital banking solutions across Swedbank’s markets in Sweden and the Baltic countries. Meniga… Read More


Western Union Continues UK Expansion: Retailer Debenhams to Now Offer Western Union Global Money Transfer

Western Union announced on Monday that retailer Debenhams will help it expand into the UK by now offering global money transfer to more than 200 countries and territories from 112 stores nationwide with travel money bureaux. According to Western Union, customers will have the choice to… Read More

Coinbase Crypto Exchange Shuts Out Wikileaks

In a form letter correspondence consistent with the low service levels crypto clients have come expect, Coinbase, operators of the planet’s 11th largest crypto exchange, pulled the plug on payments to the Wikileaks store April 20th. In a screenshot of the letter posted by Wikileaks,… Read More

Regtech Startup ClauseMatch Secures $5 Million Through Series A Funding Round Led By Index Ventures

UK-based regtech startup ClauseMatch announced on Monday it secured $5 million through its Series A funding round, which was led by Index Ventures, with participation from Tom Glocer, former CEO of Thomson Reuters, and Cristobal Conde, former CEO of Sungard. Founded in 2012, the company… Read More

SoFi Becomes More Like a Bank without Becoming a Bank

It is a truism that we need bank like services but we really do not need banks. The financial industry is going through a period of disaggregation where some services are being separated from a traditional, brick and mortar service, to Fintech verticals that may… Read More

Plug and Play & TechQuartier Announce First Five Corporate Partners to Join Fintech Europe Innovation Platform in Frankfurt

Innovative platform Plug and Play, along with startup hub TechQuartier, announced on Monday that Aareal Bank, BNP Paribas, Deutsche Bank, DZ Bank and NETS Group are the first five corporate partners to join their fintech program based out of Frankfurt. According to the organizations, the partnership, known as “Fintech Europe,” will… Read More

INVioU is Launching a Blockchain based Factoring Platform to Provide Financing for SMEs

INVioU is a blockchain-based platform for invoice and credit finance management. The platform seeks to enable “minimal-risk streamlined collections and fully automated loan obtainment processes within the global community.” Founded by CEO Dror Shapira (son of Israel’s State Comptroller, Yosef Shapira) and Yair Zehavi, CPO of… Read More

Australian Cyber Security Firm Entersoft Claims $1 Billion ICO Milestone

  Entersoft, an Australian cyber security firm, says it has now helped to launch USD $1 billion worth of initial coin offerings (ICOs) around the world without a single hack or lost token value. According to Entersoft, during last ten months, the company has helped… Read More

The Monetary Authority of Macau Warns that Virtual Currency is Not Legal Tender as Report Ties Dragon Coin ICO to Cambridge Analytica

This past week the Monetary Authority of Macau issued a warning that virtual currency is not legal currency. Stating that “recently, the media reported that companies had virtual currency subscription activities in Macau. The Macau Monetary Authority reminded local residents that virtual currency is a… Read More