JD Alois

American Fintech Council Supports House Legislation on Artificial Intelligence and Financial Services

The House Financial Services Committee is advancing legislation aimed at providing guardrails for the utilization of artificial intelligence (AI). The Unleashing AI Innovation in Financial Services Act (HR 4801) will seek to create AI Innovation Labs that allow individuals to experiment with AI without the… Read More

Commodity Futures Trading Commission to Pursue Digital Assets Pilot Program

The Commodity Futures Trading Commission (CFTC) will commence a digital assets pilot program for certain digital assets, including  Bitcoin, ETH, and USDC. The CFTC said these assets will be used as collateral in derivatives markets. The Commission will also pursue guidance on tokenized collateral and seek the… Read More

Fifth Third, Adds AI to Digital Services Powered by Brex

Established bank Fifth Third (NASDAQ:FITB) has selected Brex to improve its digital banking services, including the addition of artificial intelligence (AI). According to a release, the multi-year partnership will incorporate Brex’s API-driven payments infrastructure, and the Fifth Third Commercial Card will become the default commercial… Read More

Congressman Introduces New Legislation to Tax Asset Backed Loans, Targets the Affluent

Congressman Dan Goldman, a Democrat from the state of New York, has introduced new legislation that takes aim at the affluent. The ROBINHOOD Act (H.R.9298) is a proposed tax that claims to ensure the wealthy “pay their fair share,” a frequent mantra of the left…. Read More

Swiss Private Bank Syz Bank Collaborates with Taurus to Enable Digital Assets

Syz Bank, a Swiss private bank that reports over $28 billion in assets under management, has partnered with Taurus, a global digital asset infrastructure provider. The move by Syz is emblematic of the need for financial services firms to embrace digital assets, as customers demand… Read More

Elon Musk, X, Hit with EU Fine Due to Allegations of Digital Services Act Transgressions

The European Union has fined Elon Musk and his company X €120 million (~$140 million) for claims that X violated the Digital Services Act.  The DSA can impose penalties on platforms and individuals if they are deemed to have enabled “illegal content.”  Platforms must also open up data to amorphous… Read More

SEC Crypto Task Force Updates on Privacy, Surveillance Roundtable

The Securities and Exchange Commission’s Crypto Task Force has provided an update for a roundtable gathering scheduled for December 15th. The gathering will address financial surveillance and privacy. SEC Commissioner Hester Peirce, leader of the Crypto Task Force, said new technologies provide an opportunity to… Read More

Anchorage Digital Improves Institutional Settlement with BridgePort Integration

Digital asset firm Anchorage Digital says it has improved its settlement process by integrating BridgePort. The partnership is said to enable seamless pre-order asset allocation without pre-funding requirements, bringing traditional market settlement to digital assets while maintaining Anchorage’s federally chartered security standards. Nathan McCauley, co-founder… Read More

Private Securities Market: Winterflood Becomes Registered Auction Agent for LSE’s PISCES Platform

Winterflood has announced that it has been approved as a Registered Auction Agent [RAA] on the LSE’s Private Securities Market or PISCES [Private Intermittent Securities and Capital Exchange System] market. The LSE was the first market to gain approval under the new rules. PISCES is… Read More

Embedded Lending Boosts SME Growth in Poland – Report

A report from PragmaGO, a merchant cash advance and online lending platform, claims that embedded lending is boosting SME growth by up to 36% in Poland. PragmaGO (Pragma Group Organizacji) is a Polish Fintech specializing in providing financing and B2B “Buy Now Pay Later” (BNPL)… Read More

Lise Lightning Stock Exchange, Memo Bank Offer Settlements by Tokenized Deposits

Lise Lightning Stock Exchange has revealed a collaboration with Memo Bank to provide a tokenized equity exchange for smaller firms, a platform that is said to be the first of its kind in Europe. Lise is authorized by the Autorité de Contrôle Prudentiel et de… Read More

British Business Bank Commits $100 Million to SV8 Fund

The British Business Bank says it has committed $100 million to SV Health Investors’ new flagship fund, SV8 Biotech Fund LP. This is said to be the Bank’s largest commitment to date. The investment is to support the UK’s Life Sciences Sector Plan. SV Health… Read More

ICYMI – Rewards Model Struggles, Indiegogo Sold Last Summer Looks to New ECommerce Model

Rewards platforms like Kickstarter and Indiegogo were once the rage. The concept of “pre-sales”, enabling creators to offer a product before its production and giving interested consumers the opportunity to purchase it at a discount before its wider release, was embraced by many. But the… Read More

Legislation Moves Forward that Addresses Discriminatory Definition of an Accredited Investor, Access to Capital

The Increasing Investor Opportunities Act of 2025 (or Invest Act) is moving forward as the House Rules Committee has updated the legislation this week. HR 3383 aims to improve access to capital while boosting opportunity for investors, including by addressing the current discriminatory nature of… Read More

Coinbase Executive Says Tokenization Will Give New Life to Reg A, Reg CF

Scott Bauguess, Vice President of Global Regulatory Policy at Coinbase  (NASDAQ:COIN), sees tokenization, or the digitization of securities, as benefiting Reg A and Reg C, bringing new life to these securities exemptions. Bauguess understands these markets well, as he was previously at the Securities and Exchange… Read More

UK Parliament Crypto Group Welcomes Digital Asset Property Law

The UK Parliament’s Crypto and Digital Assets All Party Parliamentary Group (APPG) has welcomed the passage of a new digital asset property law. The Property (Digital Assets etc) Act received Royal Assent on 2nd December 2025. In brief, the Act means “A thing (including a… Read More

Cloudflare Stumbles Again with Another Outage Impacting the Internet

Cloudflare has dropped the ball once again, impacting big sites and platforms with a surprise outage. Cloudflare posted on X: “A change made to how Cloudflare’s Web Application Firewall parses requests impacted the availability of Cloudflare’s network for several minutes today. This was not an… Read More

Citadel Says SEC Should Not Grant Exemptive Relief for DeFi Trading

Citadel Securities has issued a statement telling the Securities and Exchange Commission that it should not grant exemptive relief regarding definitions of an exchange or broker-dealer for DeFi trading protocols. Citadel Securities is a global market maker that provides liquidity for institutions and retail investors. It is owned… Read More

Democrat Senators Send Letter to CFPB Worrying About its Closure

The Consumer Financial Protection Bureau (CFPB) intends to furlough most of its workers on December 31st.  The young agency was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in 2010, officially opening in mid-2011. The mission of the Bureau is defined… Read More

Digital Asset Receives Strategic Investment from S&P Global, Nasdaq, BNY, iCapital

Digital Asset has received a strategic investment from several big financial services firms. The group included S&P Global, Nasdaq, BNY, and iCapital. The terms of the investment were not revealed, but reports indicate the investment totaled $50 million. Digital Asset’s valuation in June 2025 was… Read More

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