JD Alois

VBit Bitcoin Mining Ploy Target of SEC Enforcement Action

The Securities and Exchange Commission (SEC) has charged Danh C. Vo, founder and CEO of VBit Technologies, with theft of investor funds in regard to a Bitcoin mining business. The SEC states that Vo raised over $95.6 million and then misappropriated $48.5 million of the… Read More

Sherwood Neiss, GUARDD CEO, Tells SEC They Have Solution for Exempt Securities Trading, Supporting Tokenization

Sherwood “Woodie” Neiss, GUARDD CEO and securities crowdfunding OG, has sent a letter to the Securities and Exchange Commission outlining their ability to support secondary trading for exempt securities. The letter was sent in response to a statement by SEC Chairman Paul Atkins asking for… Read More

Coinbase Announces a Slew of New Products Including Coinbase Tokenize, Primary Offerings: “The Everything Exchange”

Coinbase (NASDAQ:COIN) announced a host of new products and offerings today as the digital asset firm aims to lead the future of finance. In a video presentation, Coinbase executives revealed a series of product updates, including the ability for anyone to tokenize primary offerings. Coinbase… Read More

Crypto Friendly Digital Bank Erebor Sees FDIC Application Approved

Erebor Bank’s deposit insurance application has been approved by the Board of Directors of the Federal Deposit Insurance Corporation. Erebor received approval for a bank charter in October, the first de novo national bank charter issued under the current administration. Headquartered in Columbus, Ohio, the bank… Read More

StarkWare Executive Katherine Kirkpatrick Bos Talks Zero Knowledge Proofs and Privacy, Financial Surveillance

This week, Katherine Kirkpatrick Bos, General Counsel of StarkWare, participated in the Securities and Exchange Commission’s Crypto Task Force Roundtable addressing privacy and financial surveillance. This is a hot topic today, especially with the advent of blockchain-powered financial services. While many blockchains allow anyone to… Read More

FDIC Issues Notice of Rulemaking for Payment Stablecoins Under the GENIUS Act

The GENIUS Act, signed into law last July, legalized payment stablecoins as issued by regulated financial services firms. This includes traditional banks, with many poised to move into the new form of value transfer and payments. Yesterday, the Federal Deposit Insurance Corporation (FDIC) issued a… Read More

DTCC, Digital Asset, Join to Tokenize Treasury Securities on Canton Network

The Canton Network appears to be in the lead in institutional RWA tokenization, and today, The Depository Trust & Clearing Corporation (DTCC) and Digital Asset announced a partnership to tokenize US Treasury Securities. The Canton Network was created by Digital Asset and managed by a foundation. According to a… Read More

Banking as a Service: Digital Bank Griffin Reports 5X Increase in Revenue, Over 50 Platforms

Griffin, a banking-as-a-service platform that focuses on Fintechs and platforms, says it had a banner year, experiencing 5X growth in revenue while processing over £3 billion in payments. Griffin is a regulated bank in the UK that offers a full-stack, API driven platform for embedded… Read More

American Fintech Council Endorses the Bank-Fintech Partnership Enhancement Act

The American Fintech Council (AFC) has issued a statement in support of the Bank-Fintech Partnership Enhancement Act (HR 6552). The legislation requires the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to study how… Read More

Andreessen Horowitz, The Digital Chamber, Others Slam Citadel’s Claims on DeFi

Earlier this month, Citadel Securities issued a statement addressed to the Securities and Exchange Commission (SEC) stating that it should not grant exemptive relief regarding the definitions of an exchange or a broker-dealer for DeFi trading protocols. Citadel claimed that granting broad exemptive relief from… Read More

PayPal Pursues Utah Industrial Bank Charter

Payments provider PayPal (NASDAQ:PYPL) is pursuing a Utah-chartered industrial loan company. The company has submitted its application to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation. An industrial bank charter is a state-issued license, primarily in Utah, allowing a financial institution… Read More

TrueLayer Joins Board of New Open Banking Entity: UK Payments Initiative (UKPI)

TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More

UK Financial Conduct Authority Updates on Open Banking

The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More

Cross River Bank, Highnote to Offer Stablecoin Settlment in Partnership with Visa Pilot

Cross River Bank and Highnote will offer a new stablecoin settlement as part of Visa’s stablecoin settlement pilot program. In a release, the companies stated that the collaboration will offer USDC settlement over the Solana blockchain in a production environment. Luca Cosentino, Head of Crypto… Read More

Canton Network Will Offer USD1 Stablecoin from World Liberty Financial

The Canton Network will offer USD1 stablecoin, issued by World Liberty Financial (WLFI). WLFI is majority-controlled by the Trump family. USD1 has a market cap of over $2 billion. USD1 is fully backed 1 to 1 by US Treasuries, dollar deposits, and other low-risk assets…. Read More

Interactive Brokers Will Accept Stablecoins

Interactive Brokers, (NASDAQ:IBKR) is rolling out the ability to accept stablecoins. Interactive Brokers reports over 4 million clients around the world and assets of more than $750 billion. Interactive Brokers is one of the largest electronic brokers based on daily average revenue trades, executing 4,273,000… Read More

Apple is the Target of Swiss Competition Commission Regarding Contactless Payments

The world’s most loved big tech firm, Apple (NASDAQ:AAPL), is under scrutiny by the Secretariat of the Swiss Competition Commission (COMCO) for possible transgressions of Swiss competition laws. The Secretariat launched a preliminary investigation on December 10, 2025, to determine whether other mobile payment app providers can effectively… Read More

Today: SEC Crypto Task Force to Discuss Privacy and Surveillance

The Securities and Exchange  Commission, Crypto Task Force, is holding another roundtable today (December 15, 2025). The topic of discussion is financial privacy and surveillance. As blockchain technology can provide broad capabilities for monitoring transactions, and the US government has been known to abuse its… Read More

JP Morgan Offers Tokenized Money Market Fund: My OnChain Net Yield Fund (MONY)

Digital assets are quickly becoming the norm. Today, JP Morgan (NYSE:JPM) announced a new tokenized money market fund –My OnChain Net Yield Fund (MONY). The Fund is available on the Ethereum blockchain and is powered by Kinexys Digital Assets. While it is available today, it… Read More

Digital Asset Banks: Office of the Comptroller of the Currency (OCC) Approves Five New Bank Charters

The Office of the Comptroller of the Currency (OCC) has approved five national trust bank charter applications. The approvals are conditional but will allow the entities to operate under federal rules. The entities approved are in the digital asset sector, including First National Digital Currency… Read More

Send this to a friend