House Financial Services and Agriculture Committees Demands the SEC Clarify Treatment of Ether (ETH). Is it a Security?

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Republicans on the House Financial Services Committee and the House Committee on Agriculture are demanding that the Securities and Exchange Commission (SEC) clarify whether Ether (ETH—Ethereum) is a security or something else. In recent years, the SEC has publicly stated ETH is not a security…. Read More

 

 


 




Bitcoin Mining Firm Marathon Digital Introduces Solution to Enhance Data Center Operations

Marathon Digital Holdings, Inc. (NASDAQ:MARA), one of the world’s largest publicly traded Bitcoin miners and a key player focused on supporting and securing the Bitcoin ecosystem, announced MARA 2PIC700, a two-phase immersion cooling system built to transform data center operations with power, density, and efficiency…. Read More

Bitbond Announces Offering with NYALA for Issuers of Crypto Securities Under German Electronic Securities Act

Bitbond is working with NYALA for issuers of crypto securities (digital securities) under the German Electronic Securities Act. Combining Bitbond’s “bank-grade” tokenization infrastructure with NYALA’s BaFin-regulated Crypto Securities Registry services, their clients would aim to “benefit from a scalable issuance platform for bonds, certificates, and… Read More

Diamond Standard Fund Tokenized by Oasis Pro, Listed on SEC-Registered ATS via Avalanche C-Chain

The Diamond Standard Fund, supported by Diamond Standard and Horizon Kinetics, has been tokenized by Oasis Pro and listed on Oasis Pro Market’s SEC-registered ATS, via the Avalanche C-Chain. The Fund provides investors access “to an approximately $1.2T natural resource through an asset-backed coin licensed… Read More

UK Fintech ClearBank Joins Digital Pound Foundation

Clearbank is now a member of the Digital Pound Foundation’s (DPF) community. ClearBank joins the Foundation as “an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.” As a member, ClearBank will have “the opportunity to… Read More

DeFi Technologies Subsidiary Valour, Bitcoin Suisse AG, STOXX Launch Digital Asset Blue Chip ETP

DeFi Technologies Inc., a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi), is pleased to announce that its subsidiary, Valour Inc., an issuer of exchange traded products (ETPs) that provide simplified access to digital… Read More

Whiterock Introduces £75M Growth Capital Investment Fund in Northern Ireland

A new £75m equity investment fund for Northern Ireland has been officially launched by fund manager Whiterock to address the need for growth funding in the local market. The Growth Capital Fund expects to “make investments of between £1m and £5m for minority shareholdings in… Read More

CFPB Targets Global Money Transfers and “Junk Fees”

The Consumer Financial Protection Bureau (CFPB) is now targeting international money transfers and “junk fees” that may be saddled upon users. The CFPB issued a warning to firms that provide these services regarding allegations of false claims and misinformation about the cost of transfers and… Read More

Real Estate Marketplace Pacaso Announces New Listings Across the US

Pacaso, the tech-enabled co-ownership marketplace for buying, owning, and selling luxury vacation homes, opens up thousands of new listings nationwide resulting in “a 200-fold increase in homes, with co-ownership opportunities now starting as low as $200,000.” Simultaneously, the company introduces its first suite of a… Read More

European Banks Skeptical on SEPA Instant Payments Timeline: Not by 2025.

At the beginning of 2022, only 11% of all Euro credit transfers in the EU were instant, and the European Commission wants to fix this and make them all instant.  The Single Euro Payments Regulation (SEPA) aims to enable both institutions and consumers to benefit… Read More

B2B Payments Fintech TreviPay Announces Self-Financing Option and Enhanced Payment Application Features

TreviPay, the B2B payments and invoicing network, announces a new self-financing option along with enhanced payment application features to give sellers more control over their trade credit portfolio while leveraging TreviPay’s configurable technology platform. The option to use self-financing (an enterprise uses their capital to… Read More




US Retail Investors Are Adjusting Investment Portfolios in Anticipation of Fed Slashing Interest Rates – Report

As speculation about rate cuts intensifies, investors are preparing their portfolios, according to an update from eToro. According to data from the Retail Investor Beat from trading and investment platform eToro, 55% of US retail investors are “adjusting their investment portfolio in anticipation of the… Read More

Alto Lists New Alternative Offering in Real Estate with Big Plan Holdings

Alto, a platform that enables individuals to invest in alternative assets, has listed a new alternative offering in real estate with Big Plan Holdings, a Nashville-based diversified family wealth office. Alto Securities has listed “the Edgehill 405 Broadway Alto Capital SPV on Alto Marketplace.” This… Read More

UK Business Confidence Maintained as Firms Anticipate Positive Developments in 2024 – Report

Lloyds Bank’s latest Business Barometer has found that business confidence remains high, with March’s figures unchanged month-on-month at 42%. In a promising sign of a return to economic growth, this month’s survey data reflects the continued confidence firms “have demonstrated so far in 2024 and… Read More

UK FCA Cautions “Finfluencers” : Keep Social Media Promotions Legal

The UK Financial Conduct Authority (FCA) has issued a warning to “Finfluencers” individuals who use social media to promote financial services. While influencers may be a popular source of information, few of these individuals actually have any notable experience within the financial services industry. Yet… Read More

Paysend, Currencycloud Announce Global Partnership

Currencycloud says it has signed a global expansion deal with transfer Fintech Paysend. The agreement is said to enable Currencycloud to expand its reach in providing its services. Currencycloud will also be supporting Paysend on the launch of new consumer-facing products during 2024. Paysend is… Read More

Art Investment Platform Artscapy Nears Funding Target on Seedrs

Artscapy, an art investment platform that reports £150 million in managed art, is nearing its initial funding target on Seedrs. According to the offering page, Artscapy has a funding target of £650,009 at a pre-money valuation of £12.9 million. The company is offering a 4.78%… Read More

Following Bank Funding Line of £250 Million, CapitalRise Closes on £4.9 Property Financing

CapitalRise, a marketplace that enables smaller investors to participate in prime UK property developments, is reporting a £4.9 million loan for a Chelsea property. The financing closed in just four weeks. The funding follows the announcement that CapitalRise has received the backing of an unnamed… Read More

UK Economy Is Improving But Structural Headwinds May Constrain Growth – Report

Inflation is expected to return to its 2% target in the first half of the year, which should pave the way for interest rate cuts from the summer, according to an update from KPMG UK. Interest rates are forecast to fall by 100 basis points… Read More

Insurtech Qover, the Embedded Insurance Firm, Partners with UK’s Yonder

Qover, the insurtech firm focused on embedded insurance orchestration, announces its partnership with UK-based credit card Fintech Yonder, offering its members a seamless and comprehensive travel insurance experience. Yonder, a lifestyle credit card with a unique rewards program, claims that it “is elevating the insurance… Read More

Fintech Investments in Ireland Declined Considerably Last Year – Report

2023 was a challenging year for the Irish FinTech market, with investments and transactions reaching $60.83 million across 11 deals; this was a significant decrease (94 percent) compared to last year, where investments and transactions totaled over $1 billion across 22 deals, according to the… Read More

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