May 14, 2026 @ 1:34 pm By JD Alois  |  

The CLARITY Act made it through the Senate Banking Committee markup hearing today relatively unscathed. While many amendments were proposed, the most onerous were turned away. The final vote was 15 to 9, with all Republicans supporting the legislation and 2 Democrats joining the majority…. Read More

May 14, 2026 @ 12:07 pm By JD Alois  |  

Netcapital (NASDAQ:NCPL) is exiting online capital formation or securities crowdfunding. Netcapital was founded by Jason Frishman in 2014 as a FINRA-regulated funding portal. In a recent company statement, Netcapital stated it was moving away from online capital formation, “as it plans to evolve from a… Read More

May 14, 2026 @ 11:25 am By JD Alois  |  

Groundfloor, a private securities investment platform that began by focusing on real estate offerings, has added private credit as an option for investors. According to a release, Groundfloor is listing a consumer credit option that offers a 10% annual return with quarterly distributions over 45… Read More

May 14, 2026 @ 10:47 am By JD Alois  |  

Is Europe falling behind in crypto adoption and the development of the digital asset future of finance? It is difficult to argue that Europe is leading the race. While the European Union was quick to enact rules under the Markets in Crypto Assets regulation (MiCA),… Read More

May 14, 2026 @ 9:28 am By JD Alois  |  

The CLARITY Act, in its present form, has largely been deemed acceptable by the crypto industry, yet amendments will certainly be submitted, some of which may undermine digital asset innovation. While the crypto industry lost the battle on passive yield for stablecoin holders, something that… Read More

May 13, 2026 @ 6:19 pm By JD Alois  |  

Kevin Warsh was approved as the next Federal Reserve Chairman today in a vote in the Senate that was largely along partisan lines. The vote was 54 for and 45 against, with Pennsylvania Senator  John Fetterman being the only Democrat to support his nomination. Warsh… Read More

May 13, 2026 @ 1:50 pm By JD Alois  |  

With debate still raging as legacy banks and left-wing policy advocates line up to challenge the CLARITY Act, the legislation is on track for a markup hearing at the Senate Banking Committee tomorrow (Thursday, May 14, 20226). While some in the opposition offer foolish justifications… Read More

May 13, 2026 @ 1:29 pm By JD Alois  |  

PrimaryBid, a UK-based online investment platform that enabled access to private securities, has been acquired by SoFi (NASDAQ: SOFI). The terms of the deal were not revealed, with investors possibly receiving a return of capital. In 2024, SoFi partnered with PrimaryBid to support non-institutional investors at scale… Read More

May 13, 2026 @ 12:31 pm By JD Alois  |  

The US Department of Labor has proposed a new regulation that aims to make it easier for 401(k) plan fiduciaries to include alternative assets such as private equity, venture capital, crypto, real estate, and more in participant-directed retirement plans. This includes online capital formation, securities… Read More

May 13, 2026 @ 10:59 am By JD Alois  |  

Crypto exchange Paybis has received approval under the EU framework for Markets in Crypto Assets regulation (MiCA) and PSD2 for a payments service license. This means that Paybis can now offer crypto services across all EU member states and the EEA. The approval was issued… Read More

May 13, 2026 @ 9:50 am By JD Alois  |  

Artificial Intelligence “hallucinations” are a thing. Recently, in the news, there was a report of a major corporate merger announcement that never actually happened. Details were fabricated, including fake press releases, executive quotes, and regulatory filings. There have been estimates that hallucinations have cost $2.3… Read More

May 13, 2026 @ 9:32 am By JD Alois  |  

The Payments Association has appointed a new CEO. According to a statement from the organization, Emma Banymandhub will step into the leadership role following her position as the association’s Chief Operating Officer. Banymandhub said that payments are more than transactions, adding she is honored to… Read More

May 12, 2026 @ 7:42 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has sent a letter to the Senate Banking Committee urging members to vote against the CLARITY Act in its current form. NASAA is the lobbying group that represents all the US state securities regulators, as well as regulators… Read More

May 12, 2026 @ 5:16 pm By JD Alois  |  

Labor Unions have chosen to side with the anti-crypto team regarding the CLARITY Act. The legislation is scheduled for a markup hearing at the Senate Banking Committee this Thursday. It was recently reported that the Democrat ranking member on the Committee, Senator Elizabeth Warren, had… Read More

May 12, 2026 @ 4:58 pm By JD Alois  |  

Prometheum has announced the launch of Prometheum Capital’s Digital Brokerage Solutions, a service that supports crypto and tokenized securities for broker-dealers.  The company said that the first clients using the platform are Arete Wealth Management, Network 1 Financial Securities, and a clearing broker-dealer. Promethium is… Read More

May 12, 2026 @ 11:33 am By JD Alois  |  

Elliptic has raised $120 million in Series D funding at a pre-money valuation of $670 million. The round was led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank. Founded in 2013, Elliptic is headquartered in London with offices… Read More

May 12, 2026 @ 10:45 am By JD Alois  |  

Equilend has acquired Finadium, according to a public statement. The terms of the purchase were not immediately available. Equilend is a firm providing tech for the securities industry, like trading, workflow tools, and more. Finadium is a consulting firm that provides research on securities, including… Read More

May 12, 2026 @ 10:36 am By JD Alois  |  

Below is the CLARITY Act, or the Digital Asset Market Clarity Act, crypto market infrastructure legislation that aims to propel the US financial system into the future. The House version of the legislation was approved last year. Meanwhile, the Senate version has struggled to gain… Read More

May 12, 2026 @ 9:41 am By JD Alois  |  

In a move that will please legacy banking institutions, Senator Elizabeth Warren has issued a statement opposing the CLARITY Act, which is scheduled for a hearing at the Senate Banking Committee this Thursday. Warren is the ranking  Democrat member of the Committee and has long… Read More

May 12, 2026 @ 9:00 am By JD Alois  |  

tZERO (TZROP) aims to boost its tokenization abilities by partnering with the Aptos Foundation. tZERO operates an Alternative Trading System (ATS) so it can enable buyers and sellers of securities, including tokenized assets. tZERO can also handle on-chain custody. The Aptos Foundation is a non-profit… Read More