LendIt Fintech USA – Five Years of Fintech Innovation

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It’s hard to believe that the most attended Fintech conference LendIt Fintech USA had its 5th birthday in the Mecca of Fintech, San Francisco this past week. Thousands of attendees from all over the world descended into San Francisco’s Moscone Center for this once a… Read More

Update: dozens Now Nearing £3.8 Million Through Seedrs Funding Rounds

dozens, a “new banking and wealth management alternative,” is now nearing £3.8 million through its equity crowdfunding campaign on Seedrs. The round, which was launched last month, originally sought to raise £3.5 million and has attracted more than 2,000 investors. As previously reported, dozens describes… Read More

World Tennis Champ Serena Williams Invests in Coinbase

American tennis champ Serena Williams has reportedly invested in cryptocurrency platform Coinbase through her investment group, Serena Ventures. The group, which launched in 2014, has silently invested in more than 30 companies, including Coinbase. Williams stated she launched the company with a mission to give… Read More

Digital Investment Bank wevest Goes with Stellar Blockchain for Security Tokens

Digital investment bank wevest has announced it has selected Stellar as its preferred iteration of blockchain for issuance of security tokens. In a blog post, the Berlin-based Fintech stated: “After extensive diligence and testing, wevest has identified Stellar as the most suitable platform for its… Read More

Coinbase Now Supporting Augur on Cryptocurrency Platform & Mobile Apps

Coinbase announced last week it is now offering support to Augur (REP) through its cryptocurrency platform, as well as its mobile apps on iOS and Android. Coinbase customers may officially buy, sell, convert, send, receive, or store REP. The crypto will be available for customers… Read More

Japanese Crypto Exchange Zaif Set to Resume Activity Seven Months After Hack

Just a little over seven months after being hacked for an estimated ¥6.7 billion yen ($60 million), Japanese cryptocurrency exchange Zaif is reportedly set to resumed activity. As previously reported, the infamous hack occurred on Friday, September 14th, when the hackers broke into Zaif exchange… Read More

Update: Festicket Set to Close Crowdcube Round With Nearly £4.1 Million in Funding

Festicket, a UK-based music festival experience marketplace, is set to close its equity crowdfunding campaign on Crowdcube with nearly £4.1 million in funding. The funding round, which launched last month, sought to raise £4 million. Festicket attracted £3.5 million prior to the campaign’s launch.  As… Read More

Friend: Deceased QuadrigaCX Founder Feared Kidnapping

Adam O’Brien, a friend and former colleague of deceased QuadrigaCX founder Gerald Cotten, told Canadian media outlet Global News this week that Cotten talked casually about being kidnapped for the vast fortune he controlled: “Gerry was holding, we know, over $100 million, almost $200 million… Read More

Law Firm of Ellenoff Grossman & Schole Signs Licensing Agreement with Legaltech LawCloud

Previously doing business as iDisclose, LawCloud – a Legaltech firm based in New York City, has signed a licensing agreement with the law firm of Ellenoff Grossman & Schole LLP (EGS). LawCloud provides several legal services including software that automates a portion of the legal… Read More

Indiana Family Worried About Bitcoin-Rich Seasteader Wanted by Thai Authorities

Relatives of Chad Elwartowski, a “pure libertarian” wanted by the Thai government for setting up a “seasteading” platform on an abandoned oil rig within the country’s waters say they are concerned about his well-being. Elwartowski’s sister, Delynne Elwartowski, told the Detroit Free Press that her… Read More

Indian Regulators May Exclude Cryptocurrency and Crypto Asset Start Ups from Regulatory Sandbox Program

The Reserve Bank of India’s (RBIs) Draft Enabling Framework for its Regulatory Sandbox program shows that cryptocurrency and crypto asset startups may be excluded from participating in the program. According to the document, the RBI established an inter-regulatory Working Group (WG) in July 2016, “to… Read More


Fintech Robinhood Said to Be Pursuing National Bank Charter

Robinhood, a Fintech brokerage firm that combines traditional securities with digital assets in a single app, has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC), according to a report by the San Francisco Business Times. Last December,… Read More

UBS Tech Analyst: If It’s Like Other Bubbles, Bitcoin Could Take 22 Years to Recover

Numerous cryptocurrency commentators, most of whom are “bag holders” themselves, have been fond of announcing in the press and on social media the inevitable and imminent outsize ballooning of the price of Bitcoin. This phenomenon was particularly common during Bitcoin’s parabolic run up at the… Read More

Prime Trust Raises Undisclosed Amount from Crypto Exchange OKCoin, Has Topped 1400 Deals in Escrow Service

Prime Trust, Fintech that provides custody and escrow services in a diverse portfolio of assets including crypto, has confirmed an investment led by crypto exchange OKCoin. In an email, Prime Trust confirmed what had been circulated on social media for some time. Prime Trust founder… Read More

New York State Financial Services Regulator Respond to Crypto Exchange Bittrex’s Claims of Unfairness

The Executive Deputy Superintendent for Banking at the New York State Department of Financial Services (NYDFS) has taken to the media to respond to claims from the Bittrex crypto trading platform that it was treated unfairly when denied a license to do business in the… Read More

FinCEN Fines and Bars Independent Cryptocurrency Exchanger

The Financial Crimes Enforcement Network (FinCEN), part of the US Department of Treasury, has fined the operator of a peer-to-peer cryptocurrency trading service $35,350 USD and barred him from money-transmitting, “for willfully violating the Bank Secrecy Act’s (BSA) registration, program, and reporting requirements.” In a release… Read More

Update: Crate Brewery Set to Close Crowdcube Round With More Than 800,000 in Funding

Crate Brewery, a microbrewery and pizzeria located at The White Building in London’s Hackney Wick,  is set to close its equity crowdfunding round on Crowdcube with more than 800,000 in funding from nearly 1220 investors. Founded in 2012, Crate claims it has become one of… Read More

Visa Joins Forces With Financial Platform Wave to Improvement Small Business Cash Flow Management

Visa (NYSE: V) announced on Thursday it has joined forces with financial platform Wave to create a new, limited release payments solution that aims to transform the way small businesses manage their cash flow and provide merchants quicker access to funds. According to the duo, Wave’s… Read More

Financial Services Commission of Mauritius Issues Guidance on Security Token Offerings

The Financial Services Commission of Mauritius has issued guidance on security tokens as part of their “Fintech series.” The Guidance follows the regulator’s recognition of digital assets as a unique asset class for investors. In March, the FSC issued a brief statement clarifying that a… Read More

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