JD Alois

American Fintech Council, Coalition for Financial Ecosystem Standards Respond to FinCEN on AML/CFT Compliance Cost

The American Fintech Council (AFC) and the Coalition for Financial Ecosystem Standards (CFES) have joined to issue a statement on the cost of Anti-money Laundering – Counter Terrorism Financing (AML/CFT) in response to a survey distributed by FinCEN. Phil Goldfeder, CEO of the AFC, said… Read More

Pave Finance Integrates with Morningstar to Provide Robo Advisor Services to Investors

Pave Finance, a Wealthtech firm that provides automated investment advice, has integrated with Morningstar. Morningstar is a global financial services and research company best known for its independent investment research and ratings. According to a release, Pave will now be made available to over 150… Read More

Republic Creates Special Purpose Vehicle (SPV) to Purchase Shares of xAi, Offers Access to Investors

 xAI, the artificial intelligence (AI) firm started by Elon Musk and incorporated into his social media platform X (Grok), is actively pursuing a funding round that aims to raise $15 billion at a pre-money valuation of $230 billion. The funding round is expected to close… Read More

Europe’s AML System to be Challenged as AI Adoption Inevitable: Report

ThetaRay, a firm providing Cognitive AI financial crime compliance, has released a study on the future of anti-money laundering (AML) in Europe. The study warns that Europe’s anti-money laundering system is approaching structural failure, and that financial institutions will be unable to meet upcoming supervisory… Read More

Switzerland Says No on Plan to Tax the Wealthy Recognizing it Would Harm the Country

Switzerland is known for beautiful mountains, watches, and chocolates. The country is also known as a haven for the affluent. This past week, the wealthy European country took a vote to its citizens, who made a decision that makes quite a bit of sense: The… Read More

Coinshares Reports Crypto Inflows as Some Anticipate Bounce. Meanwhile Bitcoin, Ethereum Tank

Nobody seems to love crypto anymore. Bitcoin is down by almost 8% over the last 24 hours, with Ethereum (ETH) down by over 10%. There is plenty of speculation as to why people are selling, but there are also reports of people anticipating a bounce… Read More

China Issues Warning on Crypto, Crack Down on Stablecoins

The People’s Bank of China issued a statement over the weekend regarding concerns about ongoing crypto speculation and a crackdown on stablecoins. Mainland China has banned crypto for years, allowing Hong Kong to serve as a jurisdiction where digital asset development and experimentation can take… Read More

Breakdown of Early Revolut Investor Returns Who Purchased Shares on Crowdcube

A good amount of criticism regarding online capital formation swirls around valuations and quality deals. Too frequently, issuers raising money online from smaller investors are not the best firms in need of capital. At the same time, valuations can veer toward the ridiculous, where a… Read More

CME Group Trading Halted Due to Technical Glitch

The CME Group’s trading platform halted yesterday due to a technical glitch. The company states that the temporary SNAFU has been addressed and everything is working as expected. In a post from earlier this morning, CME explained that the malfunction was due to a cooling… Read More

Fintech Klarna to Launch US Dollar Stablecoin

Klarna (NYSE:KLAR), a European Fintech that operates in the US, is planning to launch a dollar-based stablecoin. Klarna, best known for credit and payments, said it would be issuing KlarnaUSD using Stripe’s stablecoin infrastructure, “Open Issuance,” which is powered by Bridge. The stablecoin is currently… Read More

CFTC Accepting Applicants for CEO Innovation Council

The Commodity Futures Trading Commission (CFTC) is seeking nominations for its CEO Innovation Council. Applicants must be received by December 8th. Acting Chairman Caroline D. Pham aims to support ongoing innovation and updated market structure rules. The CFTC’s Crypto Sprint to implement the President’s Working… Read More

EquityZen Shares List of Anticipated IPOs for 2026

Private securities marketplace EquityZen says that 2025 was a year for initial public offering (IPO) resurgence. In years prior, IPOs were pretty moribund for various reasons, but markets thawed in the past 12 months. Looking forward, EquityZens says they anticipate another solid year of public… Read More

Xapo Bank Offers Bitcoin Yield Product

Gibraltar-based Xapo Bank has announced a new Bitcoin yield product. The company says that following strong initial demand from early access individuals, the product is now available to all of their customers. The Xapo BTC Credit Fund is a product that aims to enable participants… Read More

Mixed Bag in Autumn Budget as Chancellor Rachel Reeves Says Taxes Will Rise. Fintech Insiders Comment.

The Chancellor of the Exchequer, Rachel Reeves, revealed the Autumn Budget today, and for those anticipating multiple tax increases, the statement did not disappoint. Reeves said the government is “doubling down on its plans and the economic and fiscal strategy it set last autumn.” While… Read More

Judopay CEO: Calls on UK Government to Support Fintech Development, Seeks Collaboration on AI, Payments and Stablecoins

With the Autumn Budget being presented today, Judopay CEO Anant Patel is calling upon the UK government to recognize the importance of Fintech for the UK economy. Patel sees a need for collaboration in the Fintech sector that will “create jobs and wealth, supporting social… Read More

FCA Executive Outlines Crypto Approach, Reveals Stablecoin Regulatory Sandbox

FCA executive director for payments and digital assets, David Geale, delivered a speech today addressing the evolving regulation of crypto, including stablecoins. Geale said they intend to create a trusted market while supporting innovation in the crypto sector. Geale declared the UK is “open for business”… Read More

SEC Investor Advisory Committee Schedules December Meeting, Will Discuss Tokenization, Announces Director of the Office of the Investor Advocate to Exit Position

The Securities and Exchange Commission (SEC), Investor Advisory Committee has scheduled its next meeting to take place on December 4th. The meeting will host two panels of interest. First, a discussion about changes in corporate governance; second, a discussion of the tokenization of securities. The… Read More

Debanking Emerges Again with Claims Regarding JP Morgan Chase Cancelling Accounts

Mr. Potter Banker Banking (1)

The practice of “debanking” has emerged once again, with reports that JP Morgan (NYSE:JPM) is pursuing the discriminatory practice. Debanking was prevalent during the Biden years. Effectively, banks would sever relationships with individuals or entities deemed unsavory for political views or activities out of favor… Read More

Anchorage Digital to Offer “Rewards” on Stablecoins

Anchorage Digital Bank, a federally chartered financial institution, will soon offer rewards on certain stablecoin offerings. Nathan McCauley, CEO and co-founder of Anchorage Digital, said they are setting the standard in digital dollars: “The launch of America’s first federally regulated stablecoin was a major milestone… Read More

High Earners Continue to Flee UK Due to Taxes: Report

On the eve of the Chancellor’s Autumn statement, which is expected to see increases in various taxes, including a rise in capital gains tax, a recent report highlights the number of people fleeing the UK to avoid the ever-growing burden on high earners.  This is… Read More

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