June 28, 2024 @ 12:22 pm By JD Alois  |  

Mt. Gox will soon start distributing around $9 billion in Bitcoin and Bitcoin Cash. In a notice posted on the Mt. Gox website, the entity said distributions will start in July: “The Rehabilitation Trustee has been preparing payments in Bitcoin and Bitcoin Cash in accordance… Read More

June 28, 2024 @ 11:38 am By JD Alois  |  

Top European tokenization platform, Tokeny, has distributed an email highlighting the fact that MiCA or Markets in Crypto Assets regulation, does not regulated digital assets which are securities or other financial assets. MiCA goes into force on June 30, 2024. The EU regulation provides rules… Read More

June 28, 2024 @ 10:53 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged BorrowMoney.com with allegations of fraud. The enforcement action by the SEC also cites Aldo Piscitello, who is said to be the sole officer and majority shareholder of the firm. According to the BorrowMoney website, the company claims:… Read More

June 27, 2024 @ 5:25 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has revealed a partnership with global e-commerce enabler Stripe.  According to a blog post on Coinbase, Stripe will now support Base – a level II Ethereum-based network incubated by Coinbase and open source. Coinbase describes Base as their “all in” commitment to onchain,… Read More

June 27, 2024 @ 11:43 am By JD Alois  |  

The Investor Choice Advocates Network (ICAN) has issued a statement pertaining to the US Supreme Court’s decision issued today regarding SEC v. Jarkesy. The Supreme Court has ruled that when the Securities and Exchange Commission seeks civil penalties against a defendant for securities fraud, the… Read More

June 27, 2024 @ 10:44 am By JD Alois  |  

In what will be a dramatic change for the Securities and Exchange Commission (SEC), the Supreme Court has ruled that when the SEC seeks civil penalties against a defendant for securities fraud, the defendant is entitled to a jury trial. Currently, the SEC may adjudicate… Read More

June 26, 2024 @ 4:21 pm By JD Alois  |  

Artificial intelligence (AI) firm ValidMind has hired former JPMorgan Chase executive Kristof Horompoly. According to an email, Horompoly is now the new Head of AI Risk Management at ValidMind. While at JPM, Horompoly was head of Responsible AI at the global bank.. Horompoloy is expected… Read More

June 26, 2024 @ 9:03 am By JD Alois  |  

MiCA, or Markets in Crypto Assets regulation approved by the EU, will soon come into effect. The new regulations aim to create a compliant ecosystem to enable digital asset innovation while protecting consumers and businesses. Today, Bitstamp, a long-established crypto exchange, has announced that it… Read More

June 25, 2024 @ 4:33 pm By JD Alois  |  

SeedBlink, a European securities crowdfunding platform, has announced “Rolling Facility,” a feature that is said to enable continuous funding for issuers on the platform. While it is becoming commonplace for early-stage firms to pursue multiple offerings on online platforms, somewhat similar to VC/Angel rounds, SeedBlink… Read More

June 25, 2024 @ 2:23 pm By JD Alois  |  

Financial services are best when they are ubiquitous but not obtrusive – there when you need them, but otherwise, not in the way. This is the goal of Fintech everwhere and embedded financial services. In Brazil, iFood Pago, a digital bank for restaurants, is taking… Read More

June 25, 2024 @ 11:03 am By JD Alois  |  

Germany based payments platform Nexi says it now enables merchants in Germany to accept in-person contactless payments with Tap to Pay on iPhone. The company added that it will continue to expand the availability of Tap to Pay on iPhone to its customers across Europe… Read More

June 25, 2024 @ 10:50 am By JD Alois  |  

AI firm Prewave has raised $67 million in a Series B funding round. The funding was led by Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest, and Working Capital Fund. The company said the money will be used to enable its next phase… Read More

June 25, 2024 @ 9:51 am By JD Alois  |  

Tax Fintech AnchorZero has announced an $8 million seed round led by Bain Capital Crypto and Spark Capital. Other investors include Ethereal Ventures, Mischief Capital, Pascal Capital, and Robot Ventures. Angel investor Sarah Meyohas also participated in the round. AnchorZero is a firm that helps… Read More

June 25, 2024 @ 9:38 am By JD Alois  |  

BitGo and Finery Markets have announced a partnership that will offer an integrated crypto trading market and off-exchange settlement product. BitGo is a digital asset infrastructure provider that offers custody, wallets, staking, trading, and settlement. Founded in 2013, it reports serving over 1,500 institutional clients…. Read More

June 24, 2024 @ 6:18 pm By JD Alois  |  

Republic, an online investment platform, recently listed a securities offering for shares in Watford FC – a professional football club in the UK. The share offering is also being listed on its subsidiary Seedrs. In an X today, Republic said that investors may now purchase… Read More

June 24, 2024 @ 12:18 pm By JD Alois  |  

Mode Mobile, a smartphone firm that aims to turn your digital device into an “earnphone,” is raising growth capital through a cross-listed securities offering on Seedrs and Republic. Seedrs is a top securities crowdfunding platform in the UK which also serves continental Europe. Parent company… Read More

June 24, 2024 @ 11:42 am By JD Alois  |  

Belgian Fintech Chift has raised €2.3 million in seed funding, according to a statement from the company. The funding round was led by Entourage, an early-stage fund specializing in B2B SaaS and founded by Pieterjan Bouten – founder and former CEO of Showpad. Other investors… Read More

June 24, 2024 @ 9:58 am By JD Alois  |  

Curve has received the backing of Samsung Next – the VC arm of the global firm. Samsung Next backs Fintechs, including AI firms, blockchain, Healthtech, and more. Curve is a breakout UK Fintech that has previously sold securities in crowdfunding rounds. Curve’s App enables users… Read More

June 24, 2024 @ 9:34 am By JD Alois  |  

MoneyLion (NYSE:ML) has announced a new Chief Revenue Officer, Jon Kaplan. According to the company, Kaplan previously worked at two big tech firms, Google and Pinterest. Dee Choubey, co-founder and Chief Executive Officer of MoneyLion, said Kaplan’s experience at the two firms shows his ability… Read More

June 24, 2024 @ 9:02 am By JD Alois  |  

Euronet (NASDAQ: EEFT) and Fintech Galaxy have announced a partnership to offer Open Banking services in the MENA region and the African continent. The service includes digital banking or Banking as a Service, as well as offerings for Fintechs, merchants, and more. Services include payments,… Read More