JD Alois

Resolution Holding Up Crypto Legislation Finally Approved in Late Night House Session

During a late-night session of the House of Representatives, HR 580 was approved by a majority of its members, thus allowing key crypto legislation to advance towards a floor vote. HR 580 is a procedural resolution that multiple Republicans were blocking. A vote earlier in… Read More

Vote on Crypto Legislation Falters Again

Welp, it seems like the votes weren’t there again. Yesterday, the House of Representatives voted on a procedural measure to advance crypto legislation. Embarrassingly, the vote failed. President Trump corralled the Representatives who voted against the measure and last night claimed on Truth Social –… Read More

Just Last Year Vanguard Slammed Crypto as Not Appropriate, Today They are the Largest Institutional Holder of Bitcoin Proxy Microstrategy

How times have changed. It was reported earlier today that Vanguard has emerged as the largest investor in Microstrategy (NASDAQ:MSTR) [now called Strategy], the company that pretty much wrote the book on becoming a Bitcoin treasury play. The Street shares that according to new data… Read More

Small Business Survey: 71% Supported Making 2017 Tax Cuts Permanent

The One Big Beautiful Bill, signed into law on July 4th, made the Trump tax cuts from 2017 permanent. While opposition leaders have made claims that these tax cuts benefited the wealthy, they really supported the middle segment of society and, most importantly, smaller firms…. Read More

DealMaker Acquires Video Agency, Rally On Media

DealMaker, a tech-enhanced broker-dealer offering online capital formation services, has announced the acquisition of Rally On Media. The terms of the deal were not disclosed. According to a statement distributed by DealMaker, Rally On Media has supported over $250 million in online investments since 2020…. Read More

President Trump Meets with Republican Holdouts Voting Against Crypto Legislation, Says Approval is Now Assured

Yesterday, the House of Representatives stalled several cryptocurrency bills in a key procedural vote, causing the House to move to recess and regroup on the legislation. Three crypto bills are in the queue for approval in the House: the CLARITY Act (HR 3633), the GENIUS Act… Read More

At $4 Trillion, NVIDIA’s Market Cap is Larger than the Entire FTSE 100

NVIDIA (NASDAQ:NVDA) solidly hurdled the $4 trillion in market cap hurdle this past week as news emerged that the AI chip firm will resume shipments to China. NVIDIA is the first and only publicly traded firm to achieve this valuation. It was not that long… Read More

UK Inflation Comes in Hot. Prospects for August Rate Cut Dim

The UK Office for National Statistics reported today that the Consumer Prices Index (CPI) rose by 3.6% in the 12 months to June 2025, up from 3.4% in the 12 months to May.  Expectations had been for the rate to remain unchanged. Core CPI (CPI… Read More

Crypto Legislation Hits Speed Bump in the House as Some Republicans Vote Against Procedural Measure

The package of crypto bills sitting in the House of Representatives hit a speed bump today as multiple Republicans voted against a procedural measure to advance the legislation. A Resolution (HR 580) which impacted the CLARITY Act (HR 3633), the GENIUS Act (S 1582), the… Read More

Stablecoins + TradFi: Dakota Raises $12.5 Million Series A

Dakota, a Fintech described as a “crypto-integrated business banking platform,” has announced a $12.5 million Series A funding round. The funding was led by CoinFund, with participation from 6th Man Ventures (6MV) and Triton Ventures. The new money is expected to be used for accelerating… Read More

Inflation in Line at 0.3%, Annual Rate at 2.7%

The US Bureau of Labor Statistics released June CPI numbers today, revealing an inline report for the month at 0.3%. The annualized rate stands at 2.7% – substantially higher than the US Federal Reserve’s target rate of 2%. At the same time, real average hourly… Read More

EquityZen Describes Gangbuster Circle IPO as Harbinger for Private Markets

Secondary marketplace for private securities EquityZen is out with a note on Q2 activity. The company stated that Circle’s successful initial public offering on Nasdaq kicked off a resurgence in private securities activity. EquityZen shared that investors on their marketplace were able to access  Circle… Read More

The Clarity Act Currently Scheduled for Wednesday Vote, Genius Act Expected to Follow on Thursday

Crypto week is happening in Washington, DC, and several bills are in the queue for a House vote. The Clarity Act (HR 3633), the legislation that aims to provide guidance on how different digital assets are regulated and which agency has oversight, is expected to… Read More

Top Democrat Representative Maxine Waters Slams Crypto Legislation as Written By and For Crypto Industry

With the CLARITY Act and the GENIUS Act on deck this week for House approval, Maxine Waters, the Ranking Member on the House Financial Services Committee, has posted an Op-ed slamming these bills as little more than legislation for and written by the crypto industry…. Read More

The Anti CBDC Surveillance State Act: One Pager Explanation

The Anti-CBDC Surveillance State Act (HR 1919) is one of the crypto-related acts of legislation that is expected to be approved by the House of Representatives this week and then soon become law. A CBDC is a central bank digital currency that is issued by… Read More

Checkout.com Expands into Canada

Checkout.com, a UK-based Fintech, is expanding its footprint with an expansion into Canada. The company is already operating in the US. The company added that it has also had a leadership “refresh.” Zack Levine has been appointed as Head of Revenue for North America (NORAM)…. Read More

SEC Commissioner Hester Peirce Tells Certain Token Issuers to Come in and Chat

Last week, SEC Commissioner Hester Peirce issued a statement on tokenization and the firms are pursuing digital assets that are deemed to be securities. Commissioner Peirce is leading the SEC’s Crypto Task Force, which is caucusing with industry participants to help craft rules that support… Read More

American Fintech Council Issues Comment on Open Banking, Access to Data and “Emerging Barriers”

The American Fintech Council has issued a statement commenting on emerging barriers to consumer data access. The statement addresses the sector of Open Banking and providing consumer control over their data and the ability to leverage the information to improve financial services. For example, simplifying… Read More

Crypto Week: the CLARITY Act, GENIUS Act Up for Vote Next Week, Bitcoin Rising

Both the Clarity Act and the GENIUS Act are expected to be up for a floor vote, after which the legislation will move to the President’s desk to be signed into law. The Republican controlled Congress has delivered on its promise to create rules for… Read More

UK Economy Sinks Again. Pressures Increases on Labour Government

UK GDP has dropped once again, defying expectations of a slight increase in the month of May. ONS reports that the monthly real gross domestic product (GDP) fell by 0.1% in May. This follows a decline in April of 0.3%. While monthly services output grew… Read More

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