March 15, 2019 @ 7:49 am By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has published a set of adjustments regarding their policy for their Fintech License and Sandbox structure. In June of 2018, the Swiss parliament introduced a new licensing category for Fintech companies. The following August FINMA launched a consultation… Read More

March 15, 2019 @ 7:05 am By JD Alois  |  

HealthNet Global (HNG), part of the Apollo Hospitals Group, India and Zebra Medical Vision, an AI Imaging software company, have announced a new collaboration that will focus on validating and deploying AI-based tools at scale across India. The Apollo Hospitals Group is Asia’s largest and… Read More

March 14, 2019 @ 5:43 pm By JD Alois  |  

Last week, a committee at the Israel Securities Authority (ISA) investigating the applicability of regulation pertaining to initial coin offerings (ICOs) and digital assets submitted their final report. The Committee was first established in August of 2017 during the height of the ICO boom. The… Read More

March 14, 2019 @ 2:47 pm By JD Alois  |  

Katipult Technology Corp. (TSXV:FUND and FRA:K10) a software provider for online investment platforms has helped to launch a new crowdfunding platform Carrington RHT Wealth. The platform is a joint venture (JV) between Singapore based RHT Wealth, an advisory firm, and US-based Carrington Group. RHT Group offers professional… Read More

March 14, 2019 @ 12:47 pm By JD Alois  |  

Tokenise, a UK based security token offering platform which is regulated by the Financial Conduct Authority, has announced the issuance of their first STO – KABN.  The company is a Gibraltar based financial service platform that is developing a suite of financial service products. These… Read More

March 14, 2019 @ 10:59 am By JD Alois  |  

Insurtech Assurely has partnered with AXA XL, a division of AXA, on a new insurance product for issuers and investors pertaining to online capital formation. The new product seeks to safeguard investments in security token offerings (STOs) and traditional investment crowdfunding offerings. Assurely reports that… Read More

March 14, 2019 @ 9:08 am By JD Alois  |  

Governor Jared Polis of Colorado signed the Colorado Digital Token Act into law last week. The legislation is designed to provide limited exemptions from the securities registration and securities broker-dealer and salesperson licensing requirements for persons dealing in digital tokens and cryptocurrencies. According to the… Read More

March 13, 2019 @ 8:55 am By JD Alois  |  

Deutsche Börse, Swisscom and Sygnum are partnering on the creation of a “trusted digital asset ecosystem” to build a platform to provide digital asset issuance, liquidity and banking services. The partnership is indicative of the growing acceptance by mainstream finance regarding the potential of distributed… Read More

March 13, 2019 @ 7:00 am By JD Alois  |  

Totle, a crypto focused startup, is raising capital on Republic – a traditional and digital asset crowdfunding platform. Totle is described as the “Kayak” of crypto as it provides a single API to access the leading decentralized exchanges and decentralized exchange protocols. Republic prides itself… Read More

March 13, 2019 @ 5:34 am By JD Alois  |  

Seedrs, a leading UK based online investment platform, has announced that its AutoInvest product is now availalbe. The feature launched in Beta mode in mid-2018 and enables investors to fully customize their individual criteria and “Build Your Own Bot” to efficiently create investment portfolios of… Read More

March 12, 2019 @ 9:00 pm By JD Alois  |  

Last week, the North American Securities Administrators Association (NASAA) issued their legislative agenda for the 116th Congress. Buried within their priorities were the Association’s concerns pertaining to emerging Fintech services. Fintech has the capacity to provide better services for both consumers and businesses – typically… Read More

March 12, 2019 @ 5:05 pm By JD Alois  |  

Highly rated real estate investment platform PeerStreet has hired two new executives with extensive experience in the financial services and real estate sectors. PeerStreet reports that Ellen Coleman has joined the platform as Executive Vice President of Finance.  Additionally, Bob Brown has been hired as… Read More

March 12, 2019 @ 3:09 pm By JD Alois  |  

Coincenter, a leading advocacy group for the cryptocurrency/virtual asset space, has shared a recent correspondence with SEC Chairman Jay Clayton. Chair Clayton responded last week to a letter originally sent last October by Congressman Ted Bud who was seeking additional clarity on crypto and its… Read More

March 12, 2019 @ 1:23 pm By JD Alois  |  

Yesterday, Ledger and their internal hack team Ledger Donjon, published a highly critical blog post targeting Trezor and their cryptocurrency wallets. The post highlighted multiple vulnerabilities regarding the Trezor products where devices could be hacked. One of the identified issues was deemed “unable to patch.”… Read More

March 12, 2019 @ 8:12 am By JD Alois  |  

The Gibraltar Blockchain Exchange (GBX), a regulated digital asset exchange, has added five stablecoins to the Digital Asset Exchange (GBX-DAX). These include: Paxos (PAX), Maker (DAI), TrustToken (TUSD), USD Coin (USDC), and Gemini dollar (GUSD) will be trading on the GBX-DAX from Wednesday, March 13th…. Read More

March 12, 2019 @ 7:51 am By JD Alois  |  

Peer to peer lending platform Folk2Folk has relaunched their entire product line. Folk2Folk is a unique online lender as it targets localized loans and has a strategic local presence across the UK. Folk2Folk explained the changes in a release where management said the range of… Read More

March 11, 2019 @ 9:09 pm By JD Alois  |  

OurCrowd is the largest securities crowdfunding platform for early-stage firms in the world. Last week, OurCrowd held its annual Summit in Israel. The Summit was host to over 18,000 participants, from 187 different countries, making it the largest event of its kind in the world…. Read More

March 11, 2019 @ 6:02 pm By JD Alois  |  

On Friday, the Manhattan U.S. Attorney, part of the Department of Justice, issued a statement regarding ongoing Ponzi scam OneCoin stating that alleged perpetrator Konstantin Ignatov had been arrested at the Los Angeles airport. Ignatov was hit with charges of wire fraud conspiracy regarding the… Read More

March 11, 2019 @ 3:02 pm By JD Alois  |  

The Malta Financial Services Authority (MFSA) has enlisted CipherTrace Compliance Monitoring to better manage operational risks regarding digital assets. The MFSA is implementing the CipherTrace tool which is designed to continuously rate the risks of cryptocurrency businesses to protect consumers, investors, and business partners. The… Read More

March 11, 2019 @ 2:02 pm By JD Alois  |  

Cryptocurrency tech and wallet creator Ledger has hammered competitor Trezor in a blog post today. Ledger operates an internal team of friendly hackers to test their software/hardware – as well as their competitors. The Ledger Donjon, described as a “world class security team” based in… Read More