JD Alois

AI: UK based Ineffable Intelligence Receives $1.1 Billion Seed Round, Sovereign AI, British Business Bank Participate. Largest Seed Round in European History

UK-headquartered Ineffable Intelligence has raised $1.1 billion in seed funding. Ineffable Intelligence, founded in 2025 by David Silver, a former top Google DeepMind researcher, aims to beat top large language models by using “reinforcement learning” or AI training by trial-and-error/experience. In a post on X,… Read More

Coinbase: Stablecoins Quickly Going Mainstream, Claims Title of Largest Full Stack Platform for the Future of Finance

Coinbase (NASDAQ:COIN) is pounding its chest regarding stablecoins and its ability to lead the future of finance. Stablecoins, long lumped with crypto, are really the future of value transfer. Payments, savings, programmable activities, and more. This package arrives at a lower cost, with faster speeds, and… Read More

France Cautions Consumers, Platforms on Quality Information in Rising Digital Investment Marketplace

The Autorité des Marchés Financiers (AMF) in France has issued a statement regarding the rise of digital investments and the need for high-quality information from platforms used by retail investors. The statement reflected the SPOT (Operational and Thematic Supervision of Practices) inspections, in which the AMF… Read More

Banking Circle Approved for CASP License, Launches New Service

Banking Circle, a Fintech headquartered in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier, says it has received approval to operate as a Crypto-Asset Service Provider (CASP), thus enabling more digital asset services. Following the approval, Banking Circle said it is launching… Read More

DeFi Education Fund, Crypto Groups Including the Digital Chamber, Request SEC Rulemaking on DeFi

The DeFi Education Fund has sent a letter to the Securities and Exchange Commission requesting rulemaking regarding DeFi (Decentralized Finance). The DeFi Education Fund is a non-profit that advocates for regulatory clarity and research on the DeFi sector. The group was established in 2021 through… Read More

AngleList CEO Provides Additional Information on New Venture Fund USVC

Yesterday, AngelList announced a new venture capital fund, USVC. AngelList has long been a key innovator for online capital formation. The company spawned sister platforms, including Republic and CoinList, while providing a digital path for early-stage firms to raise capital and investors to participate in… Read More

CFTC Chairman Affirms Intent to Pursue Insider Trading Transgressions in Prediction Markets

This week, the Commodity Futures Trading Commission (CFTC) and the US Department of Justice charged an active duty military member with insider trading in regard to the arrest of Nicolas Maduro, the former dictator of Venezuela. The allegations were that Gannon Ken Van Dyke, the… Read More

The Club for Growth Tells Senate Banking Committee to Push Forward the CLARITY Act

The Club for Growth chimed in today to add its voice in support of the CLARITY Act, crypto market infrastructure legislation that will outline the regulatory ecosystem for digital assets while fueling innovation across the entire financial services sector. The legislation remains parked in the Senate Banking… Read More

Social Media Criticizes PayPal as Having Partnered with SPLC, Now Accused of Funding Extremist Groups

The Southern Poverty Law Center (SPLC) is under indictment by the US Department of Justice (DOJ). The indictment followed the convening of a grand jury, an independent group of citizens, who determined there was probable cause to pursue the charges. In an announcement yesterday, the… Read More

The CLARITY Act: Blockchain Association, Crypto Council for Innovation Join to Demand Senate Moves on Crypto Market Infrastructure Legislation

Today, the Blockchain Association and the Crypto Council for Innovation have joined to demand that the Senate Banking Committee move forward with crypto market infrastructure legislation, the CLARITY Act. The letter authored by the two advocacy groups has garnered the support of more than 100… Read More

The CLARITY Act Pushed Back to May: Report

Crypto market infrastructure legislation continues to meander through the US Senate as stakeholders struggle to reach an agreement on the bill’s final language. The Clarity Act, which passed the House last year, has struggled to gain traction in the Senate, as the legacy banking industry… Read More

Pound Sterling. Coinbase Offers Pound based Stablecoin in the UK

Coinbase (NASDAQ:COIN) said it would offer a pound-based stablecoin, tGBP, backed by fiat. The company announced the new issuance during UK Fintech Week, stating that a stablecoin was necessary to position the UK as a true global hub for crypto. The stablecoin is available now. Coinbase… Read More

Nexi, Visa Partner on Card Issuance in Germany

Paytech firm Nexi is working with Visa to “modernize” card issuance in Germany. Nexi is a public company trading on Euronext Milan. Nexi is expected to provide end-to-end managed issuing products for banks, offering customers Visa cards. Banks are said to benefit from faster time-to-market,… Read More

Rise in Bitcoin Price Helps BTC Affiliated Public Firms Catch a Bid

Bitcoin is trading higher. At the moment, Bitcoin is trading at over $79,000. A month ago, Bitcoin was trading under $70K. While pundits claim this is due to a risk-on sentiment in the crypto markets, in part driven by growing banality around the war with… Read More

Coinbase, Gemini Targeted by NY Attorney General, Sues Platforms Claiming Illegal Gambling Operations

New York Attorney General Letitia James has sued both Coinbase (NASDAQ:COIN) and  Gemini (NASDAQ:GEMI), alleging the operation of illegal gambling platforms. The NY AG noted that both platforms enable prediction markets that allow users to bet on events such as sports and elections. The announcement said that… Read More

AngelList Launches USVC, a Regulated Venture Fund Available to Everyone, Minimum Investment of $500

AngelList, the original innovator that enabled online capital formation, has launched USVC, a registered fund that provides access to promising private firms for a low minimum of $500. This is the first venture capital fund offered by AngelList. USVC is not just for Accredited Investors… Read More

DeFi Facing Existential Crisis: Coin Bureau CEO

In just the first few months of 2026, DeFi has struggled with hacks and exploits, including a loss topping $600 miillion in April. Estimates place the total pilfered at around $750–800 million, driven largely by two large incidents. The largest DeFi exploit of 2026 was… Read More

City Minister Touts Measures to Advance Tokenization at UK Fintech Week

City Minister Lucy Rigby discussed measures to advance tokenization at IFGS (UK Fintech Week) this week. As previously reported, measures include a single framework for traditional and tokenized payments, including stablecoins and tokenized deposits. The goal is part of the policy to “cement UK as… Read More

AI Fintech Seapoint Raises €7.5M in Seed Funding

Seapoint, an artificial intelligence-powered Fintech, has raised €7.5M in seed funding, according to a company statement. The funding round was led by 3Books, with participation from individual investors including Intercom co-founder Des Traynor, Mark Ransford, and Kota CEO Luke Mackey. In total, the company has… Read More

UK P2P Lender Folk2Folk Targets Institutional Money to Scale Operations

Folk2Folk, a UK peer-to-peer lending platform that operates physical locations, says it is boosting its focus on institutional money. To accomplish this goal, the company has hired Joanna Chan as Head of Strategic Capital. Chan, who joined the company in 2029, moves into the new… Read More

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