November 26, 2024 @ 1:02 pm By JD Alois  |  

SeedBlink has announced the launch of its secondary marketplace thus providing access to trading in private securities. SeedBlink is a pan-European online capital formation platform that aims to pair retail investors with issuers that have been backed by investment professionals. To kick off the secondary… Read More

November 26, 2024 @ 12:36 pm By JD Alois  |  

The UK recently revealed it intends to pursue comprehensive regulation of the digital asset sector in 2025. This includes the key stablecoin market, which is one of the most robust sectors of crypto. Today, much stablecoin activity incorporates onboarding or an off-ramp for crypto trading—an… Read More

November 26, 2024 @ 12:06 pm By JD Alois  |  

The House Financial Services Committee has scheduled a full Committee hearing to discuss Fintech. Entitled “Innovation Revolution: How Technology is Shaping the Future of Finance,” this may be the last Fintech hearing under Committee Chairman Patrick McHenry, who has announced his retirement from Congress. The hearing… Read More

November 26, 2024 @ 11:48 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) says ownership of crypto is on the rise in the country. According to the securities regulator, 12% of UK adults hold digital assets, an increase from their previous study when 10% reported holding crypto. The FCA says that awareness… Read More

November 26, 2024 @ 10:09 am By JD Alois  |  

UK Secretary to the Treasury Tulip Siddiq now expects stablecoin rules to emerge next year. Originally, stablecoin regulations were on the calendar for 2024. Bloomberg reports that the delay is due to the change in government, and the new Labour leadership needs more time. Simultaneously,… Read More

November 25, 2024 @ 4:22 pm By JD Alois  |  

Birchal, the leading securities crowdfunding platform in Australia, has added a crowdfunding OG to its roster of resources. According to a note shared by Birchal, Darren Westlake, founder and former CEO of Crowdcube,  joins Birchal as Strategic Advisor. Additionally, Birchal says that Rod Bristow, former… Read More

November 25, 2024 @ 11:32 am By JD Alois  |  

OurCrowd, a top securities crowdfunding platform, has distributed an update on its “fast-growing” funds sector, which now reports that fund assets will top $1 billion next year. Currently, there are approximately $800 million in assets in the Funds Division across four types of funds. These… Read More

November 25, 2024 @ 11:19 am By JD Alois  |  

Digital securities are the future of financial markets, this much is clear. While the Biden administration ignored the opportunity, choosing to pursue specious objectives, expectations are high that the incoming administration will pursue the opportunity with legislation and a forward-thinking regulator at the helm. CI… Read More

November 22, 2024 @ 10:56 am By JD Alois  |  

On November 18th, Trump Media (NASDAQ:DJT) filed a Trademark application for TRUTHFI, a crypto service. This report follows the news that Trump Media was in discussion to acquire Bakkt (NYSE:BKKT), a crypto trading platform controlled by ICE, the parent company of the New York Stock Exchange…. Read More

November 22, 2024 @ 8:46 am By JD Alois  |  

The Bank of England and the Financial Conduct Authority (FCA) have jointly published a report indicating that 75% of financial firms already use artificial intelligence (AI). AI rocketed to public perception following the release of ChatGPT. Consumer development of AI fueled a need for all… Read More

November 21, 2024 @ 5:46 pm By JD Alois  |  

Elon Musk, the owner of X (neé Twitter), Tesla, and SpaceX, responded to an X by outgoing SEC Chairman Gary Gensler in a stinging retort. Gensler’s exit from the Commission was announced today with the Chairman dragging it out until the day President-elect Donald Trump… Read More

November 21, 2024 @ 3:05 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced that Chairman Gary Gensler will exit the agency on January 20, 2025, the same day President-elect Donald Trump will be sworn in. While some pundits predicted that Gensler would exit sooner, giving another Commissioner a chance to… Read More

November 21, 2024 @ 2:52 pm By JD Alois  |  

Earlier today, the Consumer Financial Protection Bureau (CFBP) issued final rules on non-bank firms providing payments and transfers. Digital payments have become the norm as people adopt digital wallets, hosted on their smartphones, as simpler and quicker way to transfer funds. While there are many… Read More

November 21, 2024 @ 11:17 am By JD Alois  |  

The Financial Technology Association (FTA) has issued a statement criticizing the Consumer Financial Protection Bureau’s new rules addressing digital payments and transfers. The CFPB revealed final rules today that are said to “strengthen oversight of large technology firms in consumer financial markets” that offer digital… Read More

November 21, 2024 @ 10:47 am By JD Alois  |  

Revolut is one of the biggest Fintech success stories in the UK. The digital bank launched in 2013 with a vision to reimagine banking and today reports more than 50 million customers worldwide. In its earliest days, Revolut leveraged online capital formation to raise money…. Read More

November 21, 2024 @ 8:22 am By JD Alois  |  

Mercuryo has launched a new program that aims to support 30 Web3 startups. Mercuryo is a payments enabler that seeks to create “a new generation of financial services” by leveraging crypto. The company says that it has decided to support Web3 entrepreneurs as it is… Read More

November 21, 2024 @ 8:07 am By JD Alois  |  

The private securities market is hot. This market is far larger than public markets as excessive regulation and policies that lack foresight have undermined public markets, pushing activity away.  Reg D issuance is measured in the trillions, and some of these issuers are for private… Read More

November 21, 2024 @ 7:33 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has announced final rules for non-bank digital payments and transfers. The payments sector of Fintech is one of the hottest segments of innovation, as users have quickly adopted digital wallets and more efficient payment methods. The CFPB’s move is… Read More

November 20, 2024 @ 3:25 pm By JD Alois  |  

The Bitcoin bulls are clearly in charge. Bitcoin (BTC), the world’s most popular crypto, has rocketed by more than 30% since the election of former President Donald Trump, a digital asset advocate. As Republicans control both the House and Senate—along with the Executive branch —anticipation… Read More

November 20, 2024 @ 2:18 pm By JD Alois  |  

Regulation D (Reg D), the leading securities exemption for private offerings, is a huge market measured at over a trillion annually. Under the JOBS Act of 2012, Reg D received an update: old Reg D (506b) was joined by new Reg D (506c), an exemption that… Read More