JD Alois

Bitget Wallet Adds Tokenized Stocks with xStocks

Bitget Wallet says it has integrated xStocks, thus providing access to self-custodied tokenized equities and ETFs for its users. According to a company release, over 130 tokenized assets are now available via the digital wallet. Bitget reports having over 300 assets, including stocks, crypto, commodities, and… Read More

Strategy Buys More Bitcoin

Bitcoin proxy firm Strategy (formerly MicroStrategy) (NASDAQ:MSTR) has bought more Bitcoin. Bitcoin recently traded above $80,000 but has since retreated slightly. Currently, Bitcoin is around $77,000 after topping $82,000 in the past month. Strategy filed an 8-K today indicating that a previously announced share offering… Read More

Elon Musk Loses Legal Fight with Sam Altman and OpenAI Lawsuit

Elon Musk has lost his legal battle with  Sam Altman and OpenAI (ChatGPT). Musk, a founder of OpenAI who committed funds to launch the artificial intelligence platform, took Altman to court, arguing that a non-profit cannot switch to a for-profit entity and thus have its… Read More

Iran Wants to Ensure Shipping through Strait of Hormuz Using Bitcoin

Iran has announced it intends to offer insurance for ships transiting the Strait of Hormuz using Bitcoin. Fars News Agency and Iran’s Ministry of Economy state that the system provides cryptographically verifiable insurance policies. By using Bitcoin, Iran aims to circumvent the many sanctions imposed… Read More

Tether Invests in LemFi, a Global Payments and Transfer Fintech

Tether has announced an investment in LemFi, a Fintech that enables cross-border transfers. LemFi (formerly known as Lemonade Finance) supports users living in the US, Canada, the UK and Europe to send payments and transfers to more than 30 countries. As Tether is the issuer of USD₮,… Read More

Coinbase Europe, Tokenovate Comment on BoE, FCA Statement on Tokenization

Tokenization is quickly becoming commonplace, and it is vital that regulators and policymakers work in concert with both current industry participants and future firms that will eventually incorporate digital assets, including tokenized securities. The Bank of England and the UK Financial Conduct Authority issued a… Read More

Bank of England, FCA Comment on Tokenization for Wholesa Market

The Bank of England and the Financial Conduct Authority (FCA) have issued a joint statement on tokenization and the wholesale market. The comment is described as a “shared vision” that has the potential to streamline markets while benefitting from additional functionality. The discussion is driven… Read More

Crypto Insiders Comment on Senate Banking Approval of the CLARITY Act

On Thursday, the Senate Banking Committee held a markup hearing on the CLARITY Act, crypto market infrastructure legislation that was passed in the House in 2025 and sat in limbo in the Senate until this past week. The legislation aims to protect consumers while enabling… Read More

Canada Experiences Whopping $1 Trillion in Capital Outflow Since 2015: Report

In a report entitled “Capital Gains: How Canada can unlock the $1.8 trillion it needs for growth,” RBC shares a demoralizing figure: around $1 trillion in capital outflows have occurred from 2015 to 2024. The report states that for every dollar of foreign direct investment… Read More

Gemini Shares Rise Following Earnings Report, $100 Million Investment

Gemini Space Station (NASDAQ:GEMI) shared Q1 earnings yesterday, reporting a revenue increase of 42% year over year while stating that the Winklevoss Capital Fund had committed $100 million to the crypto firm. Gemini was founded by the Winkelvoss brothers, who took the firm public last… Read More

The CLARITY Act Approved in Senate Banking Markup Hearing, Next Up a Full Senate Vote

The CLARITY Act made it through the Senate Banking Committee markup hearing today relatively unscathed. While many amendments were proposed, the most onerous were turned away. The final vote was 15 to 9, with all Republicans supporting the legislation and 2 Democrats joining the majority…. Read More

Netcapital Moves Away from Online Capital Formation, Pivots to Capital Markets Infrastructure

Netcapital (NASDAQ:NCPL) is exiting online capital formation or securities crowdfunding. Netcapital was founded by Jason Frishman in 2014 as a FINRA-regulated funding portal. In a recent company statement, Netcapital stated it was moving away from online capital formation, “as it plans to evolve from a… Read More

Groundfloor Adds Access to Private Credit to Investment Platform

Groundfloor, a private securities investment platform that began by focusing on real estate offerings, has added private credit as an option for investors. According to a release, Groundfloor is listing a consumer credit option that offers a 10% annual return with quarterly distributions over 45… Read More

Is Europe is Falling Behind in the Global Crypto Race? Fireblocks Policy Director Shares Insider Insight on Digital Asset Development in the EU

Is Europe falling behind in crypto adoption and the development of the digital asset future of finance? It is difficult to argue that Europe is leading the race. While the European Union was quick to enact rules under the Markets in Crypto Assets regulation (MiCA),… Read More

Today: The CLARITY Act Goes to Markup in Senate Banking, What Changes Will be Made?

The CLARITY Act, in its present form, has largely been deemed acceptable by the crypto industry, yet amendments will certainly be submitted, some of which may undermine digital asset innovation. While the crypto industry lost the battle on passive yield for stablecoin holders, something that… Read More

Kevin Warsh Approved as Fed Chair, Enters Central Bank Leadership Position as Inflation is on the Rise

Kevin Warsh was approved as the next Federal Reserve Chairman today in a vote in the Senate that was largely along partisan lines. The vote was 54 for and 45 against, with Pennsylvania Senator  John Fetterman being the only Democrat to support his nomination. Warsh… Read More

Crypto Industry Insiders Comment on the CLARITY Act in Advance of Senate Banking Committee Hearing

With debate still raging as legacy banks and left-wing policy advocates line up to challenge the CLARITY Act, the legislation is on track for a markup hearing at the Senate Banking Committee tomorrow (Thursday, May 14, 20226). While some in the opposition offer foolish justifications… Read More

PrimaryBid Acquired by SoFi

PrimaryBid, a UK-based online investment platform that enabled access to private securities, has been acquired by SoFi (NASDAQ: SOFI). The terms of the deal were not revealed, with investors possibly receiving a return of capital. In 2024, SoFi partnered with PrimaryBid to support non-institutional investors at scale… Read More

CfPA President Comments on Changes to Employee Retirement Income Security Act (ERISA) as Alternatives May Become an Option for Retirement Accounts

The US Department of Labor has proposed a new regulation that aims to make it easier for 401(k) plan fiduciaries to include alternative assets such as private equity, venture capital, crypto, real estate, and more in participant-directed retirement plans. This includes online capital formation, securities… Read More

Paybis Gains MiCA, PSD2 Approval in Latvia

Crypto exchange Paybis has received approval under the EU framework for Markets in Crypto Assets regulation (MiCA) and PSD2 for a payments service license. This means that Paybis can now offer crypto services across all EU member states and the EEA. The approval was issued… Read More

Send this to a friend