JD Alois

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

PISCES Approved JP Jenkins Partners with Ledgy

JP Jenkins, recently approved to operate a PISCES platform in the UK, says it has partnered with Ledgy. Ledgy is an equity and share plan management platform for companies from early stage through publicly listed firms. The agreement is to offer an end-to-end solution for… Read More

SitusAMC Data Breach Hits Big Banks Like JP Morgan, Citi More

The SitusAMC data breach has banks scrambling to assess the damage. The hack has hit big banks like JP Morgan, Citi, and Morgan Stanley as client data has allegedly been pilfered. Reportedly, the breach was uncovered on November 12th, and the Federal Bureau of Investigation… Read More

Embedded Insurance Firm Says Autumn Budget Needs Freeze in Tax, More Regulatory Clarity

Ross Sinclair, CEO and founder at embedded insurance firm EIP, has shared his hopes for the Insurtech sector and possible policy changes announced in the Chancellor of the Exchequer’s Autumn Statement. The budget will be revealed by Chancellor Rachel Reeves this Wednesday. Some Fintech insiders are concerned… Read More

CEO of DECTA UK Says Autumn Statement Needs to Introduce Drastic Reforms

The Autumn Statement will be delivered by the Chancellor of the Exchequer, Rachel Reeves, this Wednesday. Much of the speculation surrounding the budget proposal swirls around rising taxes and support for specific programs. The Labour government inherited a challenging economy with declarations of a “fiscal… Read More

Digital Banking: Atom Bank Gains £1.3 Million in Ongoing Crowdfunding Round

Atom  Bank, described as the UK’s most trusted bank, is in the final days of a funding round listed on Crowdcube. According to the offering page, Atom Bank has raised £1.3 million from 1576 individual investors as of today. For investors, you are purchasing equity… Read More

US House of Representatives Pass Resolution Condemning Socialism

The US House of Representatives has passed a resolution condemning socialism. The ideology is on the rise in the US, having become popular on certain college campuses and, more recently, with the election of New York City Mayor Zohran Mamdani, a socialist who believes the… Read More

Association for Financial Markets in Europe Says UK Must Lead Blockchain Based Capital Markets

The Association for Financial Markets in Europe (AFME) says the UK must lead in the development of distributed ledger technology (DLT) capital markets. Otherwise known as blockchain, in a recent statement, AFME noted that “without a clear national vision and urgent coordinated action, the UK… Read More

Bitcoin Spirals, Markets Stumble and the Bears Take Control

Bitcoin has been in reverse for a couple of weeks now. Far off its all-time high of over $124,000 earlier this year, Bitcoin is now trading sub $90,000 – currently at $86,500. This represents a significant loss in value of around 30%. While traditional stock… Read More

Tether Looks Toward Latin America, Invests in Parfin

Digital asset firm Tether has invested in Parfin, according to a blog post. Parfin is a Latin American digital asset trading platform that offers custody and tokenization. The company also provides infrastructure rails for institutional customers. Parfin was founded in 2019 by Marcos Viriato, Alex… Read More

More Brits Predicted to Flee the UK Following Autumn Statement as Taxes Expected to Rise

The Autumn Statement, the UK’s budget update, is just around the corner. Chancellor of the Exchequer Rachel Reeves is expected to deliver Labour’s vision for the economy, which may include a host of tax increases. Thought to be on the table include increases in capital… Read More

Blockchain: SEC Director Comments on Trust, Trustless Assets

Jamie Selway, the SEC’s Director of the Division of Trading and Markets, delivered a speech today on trust and trustless access, directly addressing the rise of digital assets and blockchain technology—the speech was presented in New York at the SIFMA Market Structure Conference. Selway shared… Read More

UK: Robinhood Engages with Pubs to Promote its Platform

Robinhood (NASDAQ: HOOD is looking to boost users in the UK and they are taking action by promoting its services in a place where everyone gathers. Not the tube, but in the pubs as Robinhood will partner with Question One and Quiz Live, to bring financial… Read More

Stuut Technologies Raises $29.5 Million Series A

Accounts receivable artificial intelligence (AI) firm Stuut Technologies has raised $29.5 million in Series A funding. The round was led by Andreessen Horowitz, with participation from Activant Capital, Khosla Ventures, 1984.vc, Page One Ventures, Vesey Ventures, Carya Venture Partners, and Valley Ventures. The new round updates… Read More

NVIDIA Shares Move Higher as Results Display Ongoing Demand

NVIDIA (NASDAQ:NVDA), a company that has emerged as a bellwether for markets, did not disappoint last night when it announced Q3 earnings results. In early market trading, NVIDIA shares are trading higher – currently poised for an over 5% leap or around $196/share. Markets were… Read More

Equity Crowdfunding Stumbles in Europe but Debt More Resilient

Investment crowdfunding has gone through various iterations since its inception. Too frequently confused with rewards offerings, which are really ecommerce with a delay, securities issued in an online offering are a financial ecosystem that will continue to persist and thrive over time. At the same… Read More

Bitso Reports Crypto Adoption Accelerating in Latin America

Latin America is having a “breakthrough” year in regard to crypto adoption. This is according to the Latam digital asset platform Bitso. Bitso cites data from a recent Coinchange regulatory report stating that Latin American crypto usage increased by 116% in 2024 and by 65%… Read More

OCC: Banks are Good to Hold Crypto

In a stark reversal from the Biden administration, the Office of the Comptroller of the Currency (OCC) has issued a statement that chartered banks may hold crypto. During the Biden years, the government took a distinctly hostile stance toward digital assets and innovation in general…. Read More

Crowd Street Updates Investment Platform to Streamline Private Market Investing

Crowd Street has introduced a new and improved online investment platform. According to a release, Crowd Street has completely rebuilt its investment platform that is said to remove friction, offering alternative assets while improving the investor experience. John Imbriglia, CEO of Crowd Street, called the… Read More

Chairman of the Senate Banking Committee, Senator Tim Scott, Says Crypto Market Legislation to Head to President’s Desk Early Next Year

Crypto market infrastructure legislation, known as the CLARITY Act, which has already been approved in the House, is expected to move to markup next month and head to the President’s desk to be signed into law early next year. Senator Tim Scott, Chairman of the… Read More

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