May 12, 2025 @ 11:54 am By JD Alois  |  

Microcap healthcare firm KindlyMD (NASDAQ:KDLY) says it has signed a definitive merger agreement with Nakamoto Holdings to start a Bitcoin treasury strategy. The somewhat unlikely partnership will provide Nakamoto with a public listing while listing the expectations of Kindly. Kindly announced earnings yesterday, reporting net… Read More

May 12, 2025 @ 10:08 am By JD Alois  |  

The crypto sphere is lamenting another hack today, as reports are all over X that Mobius Token has been the target of a hack. Apparently, $MBU on BNB Chain was utilized to steal approximately $2.1 million as tokens were minted and quickly sold. Blockaid, a… Read More

May 9, 2025 @ 2:44 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has stated that the pending enforcement action with Ripple, Brad Garlinghouse, and Christian Larsen has been resolved. The SEC noted that it would ask the court to dissolve the injunction against Ripple from the final judgment revealed in August 2024. An… Read More

May 9, 2025 @ 11:06 am By JD Alois  |  

While European Crowdfunding Service Provider regulation (ECSPR) was expected to fuel the growth of online capital formation in Europe, the actual results have been less than stellar. As Eurocrowd explains, the “patchwork” of rules and significant investment needed to support compliance, disclosures, risk management, and… Read More

May 9, 2025 @ 9:32 am By JD Alois  |  

Alex Mashinsky, the founder and former CEO of Celsius, was once the toast of the crypto town. At one point, Celsius claimed they were adding nearly $1 billion a month in new assets. Mashinsky’s mantra was that banks were not friends while claiming to be… Read More

May 8, 2025 @ 4:13 pm By JD Alois  |  

The Senate Stablecoin Bill, the Genius Act, or The Guiding and Establishing National Innovation for U.S. Stablecoins (S 1582), failed to get enough votes to gain cloture in the Senate. In effect, a cloture motion can quickly end debate and thus allow for a vote on… Read More

May 8, 2025 @ 3:31 pm By JD Alois  |  

Tokenization firm Savea has raised $2.5 million in pre-seed funding, according to the company. The platform aims to tokenize “high-value assets” in a regulated environment. The funding came from angel investors and venture firm EmergentX. Savea says it will utilize blockchain technology to improve liquidity… Read More

May 8, 2025 @ 9:38 am By JD Alois  |  

A recent New Finance report states that the bigger threat is not the US market but private markets in regard to the moribund UK and European public markets The report claims: “Over the past decade, more than 1,000 listed companies in Europe with a combined… Read More

May 8, 2025 @ 9:04 am By JD Alois  |  

Today, the Bank of England cut its Bank Rate by 25 basis points. This is in contrast to the US Federal Reserve’s decision to hold rates steady due to stagflation concerns. The BoE decision was not unanimous with some wanting a more aggressive cut and… Read More

May 8, 2025 @ 8:25 am By JD Alois  |  

The Financial Conduct Authority (FCA) has announced a new executive to operate the Payments System Regulator (PSR), an entity that has been consolidated within the FCA. David Geale will become the Executive Director for Payments and Digital Finance Executive Director and the Payment Systems Regulator… Read More

May 8, 2025 @ 7:26 am By JD Alois  |  

The Bank of England has cut benchmark rates by 25 basis points (bps), setting the Bank Rate at 4.25%. This decision arrived the day after the US Federal Reserve held rates steady, primarily due to economic uncertainty. According to the Bank, the decision to cut… Read More

May 7, 2025 @ 7:06 pm By JD Alois  |  

Loral L. Langemeier and her company Live Out Loud, Inc. have been ordered to pay a penalty and disgorgement following an enforcement action by the Securities and Exchange Commission (SEC). The United States District Court for the District of Nevada has ordered Langemeier to pay… Read More

May 7, 2025 @ 4:22 pm By JD Alois  |  

The SEC’s Small Business Capital Formation Advisory Committee (SBCFAC) met this week to discuss Regulation A. Regulation A or Reg A+ is a securities exemption that received an update under the JOBS Act of 2012 – the legislation that legalized online capital formation (investment crowdfunding). Prior to the JOBS… Read More

May 7, 2025 @ 2:12 pm By JD Alois  |  

The US Federal Reserve’s Federal Open Market Committee (FOMC) held rates steady today, as expected by the markets. The target range for the federal funds rate will remain at 4-1/4% to 4-1/2 %. The vote was unanimous in keeping rates the same. The Fed noted that the unemployment… Read More

May 7, 2025 @ 9:42 am By JD Alois  |  

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses, has been sold for $2.2 billion. The purchaser was a group led by TPG (NASDAQ: TPG), an alternative asset manager with around $250 billion in AUM. Corpay (NYSE:… Read More

May 7, 2025 @ 9:22 am By JD Alois  |  

Galaxy Digital Holdings (TSX:GLXY)  has integrated Zodia Custody, a platform that is back by Standard Chartered and other big banks. The move is described as a strategic  expansion into Europe as it will now be able to provide institutional access to staking. Galaxy is a digital… Read More

May 7, 2025 @ 8:52 am By JD Alois  |  

Payments Fintech TrueLayer is reporting that it has surpassed $10 billion in payments in a single month. The company says this places them on a trajectory to transfer over $100 billion in one year. TrueLayer adds that during the first quarter, it added more than… Read More

May 6, 2025 @ 2:27 pm By JD Alois  |  

The UK is racing to create new rules to regulate the stablecoin sector. Stablecoins are typically tied to another asset, like fiat currency. There have also been algorithmic stablecoins issued, with one failing spectacularly. While stablecoins are frequently affiliated with crypto as stablecoin usage is… Read More

May 6, 2025 @ 12:53 pm By JD Alois  |  

Digital asset bank Syngum is reporting a “surge” in utilization of its off exchange custody service in regards to institutions using Binance. Sygnum is regulated in various jurisdictions. In Switzerland, the company holds a banking license and holds a CMS and Major Payments Institution approval… Read More

May 6, 2025 @ 12:40 pm By JD Alois  |  

OpenAI is one of the hottest private companies today. OpenAI is the creator of ChatGPT, the one AI [artificial intelligence] app that truly launched consumer AI into the mainstream. According to ChatGPT, it is currently in the process of raising $40 billion in a new… Read More