JD Alois

CFTC to Hold Open Meeting, Will Consider Fintech Cooperation Arrangements

Commodity Futures Trading Commission (CFTC) has scheduled an open meeting to be held next Thursday, September 27, 2018, at 10:00 a.m. to consider the following items: Proposed Rule Amending Registration and Compliance Obligations for Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs) Fintech Cooperation… Read More

Mayor of London Announces Winners of the UKBAA Awards

The Mayor of London, as part of the London C0-Investment Fund (LCIF), has announced the winners of the UKBAA Awards for 2018. In its 12th year, the UKBAA Awards celebrates the achievements of some of the most innovative and disruptive businesses across the United Kingdom. The… Read More

BlockEx Throws Support Behind UK Treasury Committee Suggestions for Regulated Crypto-Asset Market

UK blockchain startup BlockEx has formerly thrown its support behind some of the recommendations pitched by the UK Parliament Treasury Committee that issued a pointed report pertaining to cryptocurrencies this week. BlockEx is a digital asset exchange and also a participant in the Financial Conduct… Read More

TokenSoft Proposes Security Token Standard ERC-1404

TokenSoft, a security token issuance platform that can provide compliant offerings in 50+ countries, has proposed a new security token standard: ERC-1404. The engineering team at TokenSoft have developed this new standard with banking and securities law in mind. The “Simple Restricted Token Standard” is… Read More

Singapore Tightens Financial Cooperation with China

According to a release from the Monetary Authority of Singapore, China and Singapore have “achieved new milestones in financial cooperation.” During the 14th Joint Council for Bilateral Cooperation (JCBC), co-chaired by Singapore Deputy Prime Minister and Coordinating Minister for National Security, Mr Teo Chee Hean,… Read More

CFTC’s Technology Advisory Committee Meets on October 5th

The Commodity Futures Trading Commission (CFTC) has scheduled a meeting of its Technology Advisory Committee (TAC) to take place on October 5th at the CFTC HQ in Washington, DC. The meeting begins at 10AM and continues to approximately 3:30PM ET. According to the CFTC, the… Read More

AlphaFlow Boosts Executive Team, Opens Office in NYC to Drive More Access to Real Estate Bridge Loans

AlphaFlow, an online investment platform for real estate assets, has announced the hiring of two new Fintech executives and the opening of a New York City office. AlphaFlow connects institutional and accredited investors with high yield real estate bridge loans by partnering with local hard money… Read More

Former Chief Information Officer for the Office of the Deputy Prime Minister to Advise Blockchain Startup DADI

UK based blockchain startup DADI (or Decentralized Architecture for a Democratic Internet) has appointed David Wilde to its board of advisors. Wilde has previously held multiple leadership positions for large councils including Essex, Westminster City and Waltham Forest – and was CIO for the Office… Read More

X Financial on IPO: We Have Built One of the Strongest Fintech Businesses in China

Earlier today, China based X Financial (NYSE:FXE) traded on the New York Stock Exchange (NYSE) in its initial public offering raising approximately $104.5 million as 11 million shares were floated at $9.50/share. The shares quickly jumped higher in early trading and eventually closed about 25%… Read More

Australian Securities and Investment Commission Halts Several Proposed Initial Coin Offerings

The Australian Securities and Investment Commission (ASIC) has issued a statement indicating it has taken action against “misleading Initial Coin Offerings (ICOs) and crypto-asset funds” which have targeted retail investors.  ASIC said it has stopped several ICOs or “token generation events.” These ICOs have been… Read More

Indian Fintech Bon Raises $1.1 Million to Bring Financial Services to the Gig-Economy

Bon, an India based Fintech that is providing credit to workers in the gig economy, has raised $1.1 million in seed funding led by Omidyar Network. Other funders in this round include early-stage investment firm Axilor Ventures and Better Capital’s AngelList India Syndicate. Bon provides financial services to workers,… Read More

New York Attorney General Publishes Virtual Markets Integrity Report on Cryptocurrency Exchanges

Some time ago, the New York Attorney General launched the Virtual Markets Integrity Initiative (VMII) to “protect and inform”residents who trade in cryptocurrency. New York Attorney GeneralGeneral Barbara D. Underwood commented on the release of the report: “New Yorkers deserve basic transparency and accountability when… Read More

New York State Department of Financial Services & BitLicense Slammed in UK Crypto Report

A Parliamentary Treasury Committee has published an extensive report on the regulatory environment pertaining to cryptocurrency in the UK. As part of the report, a good amount of ink was dedicated to the global regulatory approach regarding blockchain based digital assets. One regulatory entity received… Read More

China: Fintech / Peer to Peer Lender X Financial Trades on NYSE

Chinese peer to peer lending platform X Financial (NYSE: XYF) completed its initial public offering (IPO) today trading shares on the New York Stock Exchange. Deutsche Bank Securities Inc. and Morgan Stanley & Co. were joint book runners on the IPO. The IPO saw the Class… Read More

Former MD at CME Group Joins Digital Asset Exchange Seed CX

Digital asset exchange Seed CX has hired John Hart as the company’s Chief Information Officer. What is interesting about this hire is the fact that prior to joining Seed CX, Hart was the Managing Director of Technology Engineering for the CME Group where he worked on… Read More

Crypto Asset Exchange CoinBene Partners with the McAfee Alliance

CoinBene, a cryptocurrency asset exchange, has formed a partnership with the McAfee Alliance, founded by John McAfee, to “promote transparency, corporate responsibility, and self-regulation in the cryptocurrency markets.” The McAfee Alliance seeks to “unite the cryptoverse, promote transparency and fairness, to  combat perceived corruption of… Read More

Monetary Authority of Singapore Warns Public of Bogus Bitcoin Investing Sites some Claiming Support of MAS Chairman

The Monetary Authority of Singapore (MAS) has issued a public warning on bogus websites that are soliciting investments in Bitcoin. At least two of these sites is using “fabricated comments” attributed to MAS Chairman and Deputy Prime Minister, Tharman Shanmugaratnam. MAS says the statements attributed to… Read More

SaaS Banking Provider Mambu Offers “Integration Platform as a Service”

Software as a Service (SaaS) banking software provider Mambu has announced the launch of “Mambu Process Orchestrator”(MPO). MPO is described as a natural extension of the Mambu core solution that is designed to support the “creation and operation of flexible and innovative banking architectures.” MPO… Read More

Tokenomy Exchange Launches with Trading in Four Digital Currencies & 53 Trading Pairs

Singapore based Tokenomy has announced the full launch of Tokenomy Exchange, a cryptocurrency token exchange that is described as addressing the “:challenges associated with launching an ICO.” Tokenomy Exchange now provides a trading platform for four digital currencies; BTC, ETH, USDT and its own TEN Token,… Read More

World’s Largest: OurCrowd Still on Track to Top USD $1 Billion in Investment Crowdfunding

In many ways, OurCrowd epitomizes the aspirations of what investment crowdfunding has the potential to deliver for both issuers and investors. By providing access to quality deals to smaller (accredited) investors, OurCrowd has opened up an asset class previously closed off to all but the… Read More

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