August 22, 2024 @ 12:03 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is pushing to demand Climate Disclosure mandates for public firms. Climate Disclosure is part of a broader ESG agenda – infusing regulation with a social agenda. Having approved new rules, the new mandate is now being challenged in the… Read More

August 22, 2024 @ 11:45 am By JD Alois  |  

Faes & Co says its Income Fund is continuing to pay a 10% fixed return to investors. The Income Fund aims to generate stable returns by investing in short-term mortgages. Investors must commit $250,000 to earn the 10% rate. For investors less than that amount,… Read More

August 22, 2024 @ 10:32 am By JD Alois  |  

The Brazilian Securities and Exchange Commission (CVM) has now approved two Solana-based ETFs (SOL). The first was approved earlier this month, offered by a Brazilian asset manager QR Asset, according to reports. The second was approved this past week. Solana joins a global movement of… Read More

August 22, 2024 @ 10:15 am By JD Alois  |  

In 2020, the French Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) added OmegaPro and affiliated platforms to its “blacklist” of trading platforms that consumers should avoid. Unfortunately, that was insufficient to deter people from throwing good money… Read More

August 21, 2024 @ 1:01 pm By JD Alois  |  

Prometheum Ember Capital LLC, a subsidiary of Prometheum Inc., says it has added digital asset securities Uniswap (UNI) and Arbitrum (ARB) to its custodial platform.  Prometheum Capital is a FINRA-regulated special-purpose broker-dealer for digital assets. Customers of Prometheum will now be able to custody Ethereum… Read More

August 21, 2024 @ 12:53 pm By JD Alois  |  

Regulation Crowdfunding (Reg CF) was initially pigeonholed as a new exempt offering for smaller private firms to raise equity capital, so much so that many people described securities crowdfunding as “equity crowdfunding,” a term that is not really accurate. Today, private firms pursue online capital… Read More

August 20, 2024 @ 3:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has settled charges against Equiniti, a transfer agent, for losing clients’ money. Equiniti has paid $850,000 in a civil penalty to settle the charges. According to the SEC, Equiniti was the target of a “threat actor” who pretended to… Read More

August 20, 2024 @ 3:09 pm By JD Alois  |  

bettervest GmbH, a mission-driven online capital formation platform, is raising money on Crowdcube. Based in Germany, bettervest focuses on funding projects in the sustainability sector. According to the offering page, bettervest is looking to raise €200,000 at a pre-money valuation of €6 million. To date,… Read More

August 20, 2024 @ 11:45 am By JD Alois  |  

According to the UK Payment Systems Regulator (PSR), in 2023, approximately 4.5 billion transactions were made using the Faster Payments system. At the same time, over 252,626 cases of APP Fraud (APPF or authorized push payment fraud) were reported, totaling around £341 million. Other reports… Read More

August 20, 2024 @ 9:22 am By JD Alois  |  

Upvest and Deutsche Bank have announced a partnership. Under the partnership, Upvest will gain access to the global bank for multiple services. Upvest is a Fintechs in Europe that provides B2B clients with a range of investment opportunities in the areas of principal broking business,… Read More

August 20, 2024 @ 9:01 am By JD Alois  |  

In the UK there are several tax exemptions which may be available for individual investors to mitigate risk and reduce taxes paid on any return. SEIS, or Seed Enterprise Investment Scheme, is a powerful incentive for investors to support entrepreneurs and boost the UK innovation… Read More

August 19, 2024 @ 3:47 pm By JD Alois  |  

Perhaps the most anti-crypto official in the Biden Adminstration may emerge as the US Secretary of Treasury if Vice President Kamala Harris is elected President. This is according to multiple reports that SEC Chairman Gary Gensler is being considered for the powerful position.   BREAKING:… Read More

August 19, 2024 @ 3:29 pm By JD Alois  |  

Perhaps it was a head fake? Recently, it was reported that the Democrat Party was attempting to repair the bridges destroyed by the Biden Administration regarding digital asset innovation and the entrepreneurs in this industry. President Joe Biden has been determinably anti-crypto, thus driving this sector… Read More

August 19, 2024 @ 11:53 am By JD Alois  |  

Gate Ventures, part of Gate.io, and the Blockchain Center in Abu Dhabi have announced a collaboration on a $100 million fund to support early-stage blockchain firms. The new fund, Falcon Gate Ventures, is on a mission to drive blockchain innovation on a global scale. Abdulla… Read More

August 19, 2024 @ 11:20 am By JD Alois  |  

Platonic has announced the launch of a decentralized tokenization platform. According to a company statement, Platonic offers the “tokenization of a wide range of assets.” Violet Abtahi, founder and CEO of Platonic, said their vision is to provide a fresh take on tokenization and disrupt… Read More

August 19, 2024 @ 11:10 am By JD Alois  |  

CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More

August 19, 2024 @ 10:55 am By JD Alois  |  

Legendary investor Carl Icahn has been charged by the Securities and Exchange Commission (SEC) with failure to disclose the use of company’s securities being pledged for personal loans. The SEC states that the outstanding principal amounts of the individual loans ranged from $150 million to… Read More

August 19, 2024 @ 8:48 am By JD Alois  |  

Minnadeooyasan-Hanbai (MOH Nippon) (LSE: MOH)has joined the London Stock Exchange (LSE) via a reverse  merger. According to a note from the company, Minnadeooyasan-Hanbai is the first Japanese firm to trade on the main market of the LSE in over 20 years. The company has changed… Read More

August 19, 2024 @ 7:26 am By JD Alois  |  

Real estate investment platform CapitalRise is reporting a record breaking month as July originated almost £50 million in loans (£49.4 million). At the same time, CapitalRise said that it has now surpassed £400 million in total loan originations. CapitalRise is a specialist property financing provider… Read More

August 16, 2024 @ 1:31 pm By JD Alois  |  

The Securities and Exchange Commission has posted a Notice of Withdrawal of Proposed Rule Change to Amend ISE Options. Specifically, the NASDAQ has pulled its request to allow the exchange to list and trade options on units that represent interests in a trust that holds… Read More