JD Alois

Netherlands May Pursue Confiscation Tax Which Never Works

The Netherlands is poised to approve a change to the income tax that will impose a 36% tax on unrealized gains, as it seeks to boost revenue to fund government activities. Of course, confiscatory taxes have never worked anywhere and will likely have the opposite… Read More

Deutsche Bank Target of Money Laundering Investigation – Report

Deutsche Bank (NYSE:DB) is being investigated due to allegations of money laundering. According to Reuters, Federal Police raided Deutsche Bank offices in both Berlin and Frankfurt. Apparently, the investigation is due to claims of illicit activity by individuals between 2013 and 2018. This is not… Read More

The White House Highlights Why States Should Not Impose Income Taxes

It is a fact that we exist in a world of limited resources. Taxes paid to the government reduce disposable income for individuals and available funds for investment. Private activity, including innovation and entrepreneurship, gets crowded out when more funds go to the government. This… Read More

White House Meeting Set to Gather Bank Lobbyists, Crypto Representatives to Break Stablecoin Yield Impasse

A White House meeting has been scheduled for next week to break the logjam on crypto market infrastructure legislation. It has been widely reported that several crypto firms have withdrawn their endorsement of the bill amid aggressive lobbying by traditional banks, which fear emerging competition…. Read More

SEC Issues Statement on Tokenized Securities

Tokenization, tokenized securities, or digital securities are the future. This much is clear. But questions remain as regulators and industry participants work through the new process of issuing, managing, and trading securities using blockchain technology. Today, the Securities and Exchange Commission (SEC) issued a statement… Read More

US Federal Reserve Pauses Rate Cuts, Two Members Dissent

As widely anticipated, the US Federal Reserve paused interest rate hikes today following a meeting of the Federal Open Market Committee (FOMC). The target range for the federal funds rate remains at 3.5% to 3.75%. The Fed said that economic activity has been expanding at… Read More

Securities Crowdfunding: There are Over 230 ECSPR Platforms Operating in Europe

European Crowdfunding Service Providers regulation (ECSPR) became fully effective in November 2021, so it has been a few years now. A recent report distributed by the European Securities and Markets Authority (ESMA) recently published a report on securities crowdfunding. In total, at the time of… Read More

Plaid for Crypto: Mesh Raises $75 Million at $1 Billion Valuation

Mesh, described as Plaid for crypto, has raised $75 million at a $1 billion valuation. Plaid is a leading open banking platform that provides the connective tissue to empower cross-platform financial information. MeshPay CEO Bam Aziz said today was a big day for the firm:… Read More

Tether Partners with Anchorage Digital on Stablecoin USA₮

Leading stablecoin issuer Tether is now offering a new dollar-based digital asset in the form of USA₮. The stablecoin is being offered in partnership with Anchorage Digital, a federally chartered digital asset bank. While the Tether stablecoin USDT is still very much in the mix,… Read More

Republic Europe Promotes Later Stage Investments

Investing in private firms entails risk. As many, if not most, startups or early-stage firms go bust, this means there is more risk in an investment. While most securities crowdfunding platforms launched to provide access to capital for early-stage firms, today, a growing number are… Read More

The UK Must Move Faster on Tokenization, AI, Financial Innovation – Report

The United Kingdom must move faster in regard to tokenization and innovation in financial services, such as the usage of artificial intelligence (AI). These are true words, as London has long been a global financial hub, but it is at risk of falling behind due… Read More

Group Formed to Challenge Congressman Ro Khanna, Supporter of Confiscation Tax in California

A group called “Pissed Off at Ro“ has been created to challenge Representative Ro Khanna, a vocal supporter of the California confiscation tax, which has been proposed. The new group was recently promoted by Garry Tan, CEO of VC firm YCombinator, who has been posting… Read More

Grok Targeted by EU for Possible DSA Transgressions

The European Commission announced earlier today that AI service Grok and X’s “recommender systems” are under investigation regarding possible transgressions under the Digital Services Act (DSA). The recommender system investigation has been underway since 2023, but the Commission said it would be extended. X has… Read More

SEC, CFTC Joint Event Rescheduled for January 29th

The Securities and Exchange Commission and Commodity Futures Trading Commission joint event has been rescheduled to take place this Thursday, January 29th. The event was originally scheduled for January 27th. The gathering is part of embracing the digital asset ecosystem and the changing regulatory environment…. Read More

US Department of Treasury Organizes Event for Trump Accounts Launch, Participants Include Michael Dell, Kevin O’Leary, Niki Manaj, Others

The Trump Accounts is a new approach to educating and incentivizing savings among youth. The tax-advantaged investment accounts were part of the One Big Beautiful Bill Act (OBBBA), providing a $1,000 US Treasury deposit for eligible children born between 2025 and 2028. Effectively launching on… Read More

SEC Small Business Capital Formation Advisory Committee Meets to Discuss Secondary Transactions, Finders

The Securities and Exchange Commission, Small Business Capital Formation Advisory Committee (SBCFAC) has scheduled its next meeting to discuss two key topics: Finders and secondary trading in private securities. Finders has been a long-time issue regarding private securities, specifically early-stage, and the SEC has discussed… Read More

Brex Acquired by Capital One for $5.15 Billion

Fintech Brex has been acquired by Capital One (NYSE: COF) in a deal valued at $5.15 billion. Brex was last valued at $12.3 billion in January 2022; thus, some investors are taking a significant haircut on the purchase price. Brex is a Fintech that provides bank-like… Read More

Cato Questions President Trump’s Lawsuit Targeting JP Morgan for Debanking

Mr. Potter Banker Banking (1)

Debanking during the Biden Administration was a nefarious policy, if not criminal. Targeting individuals and entities for their political affiliations or disfavored businesses is obviously wrong. Some of the firms targeted were engaged in the digital asset sector,  a segment of Fintech the Biden adminstration… Read More

Wealthtech: Pave Finance Integrated with Fidelity

Pave Finance, a Wealthtech that supports investment advisors, is now integrated on Fidelity, one of the largest brokerages and RIA custodians. Pave is said to save advisors up to 18 hours per week through automation. Registered investment advisors (RIAs) will be now able to connect… Read More

Bitgo Trades up on NYSE Debut

BitGo (NYSE:BTGO) has caught a bid on the first day of trading on the New York Stock Exchange. BitGo priced its shares at $18 each, valuing the company at approximately $2.08 billion. The offering raised over $212 million, with most proceeds going to selling shareholders…. Read More

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