December 20, 2018 @ 12:52 pm By JD Alois  |  

eToroX, a subsidiary of eToro, has been granted a distributed ledger technology (Dlicenseence from the Gibraltar Financial Services Commission (GFSC). eToro is a multi-asset trading platform that combines more traditional asset classes such as equities with crypto assets. eToro is regulated in Europe by the… Read More

December 20, 2018 @ 12:00 pm By JD Alois  |  

“Reaching New Heights” The Cambridge Centre for Alternative Finance (CCAF) has published their annual report on alternative finance covering the Americas. According to Reaching New Heights: the 3rd Americas Alternative Finance Industry Report covering data for 2017, across the Americas alternative finance grew by 26%… Read More

December 20, 2018 @ 8:37 am By JD Alois  |  

Abundance, an investment crowdfunding platform and leading “peer-to-peer ethical investment platform,” has closed its equity crowdfunding round on Seedrs. Abundance states that it originally looked to raise £1.2 million from investors but ended the offer overfunded at £1,575,586. The share offering valued Abundance at £16.6 million pre-money. Abundance… Read More

December 20, 2018 @ 6:50 am By JD Alois  |  

Blockchain or distributed ledger technology (DLT) has been a red-hot topic in the financial services industry the past few years. The one-two punch of Bitcoin excitement and the Ethereum fueled revelation of smart contracts and decentralization, caused many to label blockchain internet 3.0. But is… Read More

December 19, 2018 @ 8:48 pm By JD Alois  |  

It’s the end of the year and that means its time for predictions. More specifically, some crypto predictions! 2018 was a tumultuous year in regards to the digital asset sector as regulatory clarity became a hot topic of debate and discussion. While some national jurisdictions… Read More

December 19, 2018 @ 8:29 pm By JD Alois  |  

Today, Reg A+ received a big boost from the Securities and Exchange Commission (SEC) as they announced that reporting firms will soon be able to use the security exemption. Old Regulation A was an exemption that just about no one used – ever. It took… Read More

December 19, 2018 @ 2:37 pm By JD Alois  |  

Long requested by Reg A+ fans, the Securities and Exchange Commission (SEC) has approved final rules that will allow reporting companies to utilize the Regulation A (frequently referenced as Reg A+) exemption to raise capital. The amendments to Reg A+ will become effective upon publication in… Read More

December 19, 2018 @ 1:01 pm By JD Alois  |  

CoinList, one of the most successful digital asset issuance platforms in the US having helped to raise $450 million, has announced a new service: CoinList Build. This new service is designed to assist blockchain startups to engage with developers and grow their community with online hackathons…. Read More

December 19, 2018 @ 12:36 pm By JD Alois  |  

Charlotte Crosswell, CEO of Innovate Finance, has issued a statement following the UK government’s publication of the “Immigration White Paper.” Immigration, and how a post-Brexit Britain will manage it, is a pressing concern. Access to skills and talent is vital to all industry. Perhaps more so with… Read More

December 19, 2018 @ 11:14 am By JD Alois  |  

Prometheum, Inc. reports it has raised $12 million from HashKey Digital Asset Group Limited. Without breaking down the details, Promotheum said the investment was a mix of cash and services. HashKey is a holding company focused on investment in the Fintech and blockchain industries. Prometheum proposes the… Read More

December 19, 2018 @ 9:22 am By JD Alois  |  

Stablecoins are currently a hot sector of crypto. Tied to an asset like fiat currency like the US dollar, or a commodity, these digital currencies are designed not to fluctuate dramatically in a crypto world with endemic volatility. A recent report indicated that more than… Read More

December 19, 2018 @ 7:37 am By JD Alois  |  

Earlier this week, the Financial Conduct Authority (FCA) announced a plan to “fix a dysfunctional market” when it comes to overdraft fees. In 2017, banks generated over £2.4 billion from overdrafts alone, with around 30% from unarranged overdrafts. These fees typically came from individuals who… Read More

December 19, 2018 @ 6:19 am By JD Alois  |  

InstaReM says it is introducing a new feature to its money transfer platform that improves payments from SMEs. The company states that users in Southeast Asia making regular overseas payments to vendors, suppliers, and service providers, can now do so more quickly, transparently and at… Read More

December 19, 2018 @ 12:01 am By JD Alois  |  

Totle, a platform that aggregates crypto order books across multiple platforms, has launched their solution for the fragmented decentralized trading and exchange ecosystem. According to their website, Decentralized trading doesn’t have to suck and they have the solution. Totle reportedly has received investments from NEO Global Capital (NGC),… Read More

December 18, 2018 @ 10:36 pm By JD Alois  |  

Blythe Masters, the CEO of software engineering firm DigitalAssets, has stepped down from her leadership role in the firm due to “personal reasons.” AG Gangadhar will immediately assume the position of acting CEO. Masters has been CEO since 2015 and has an accomplished resume of experience… Read More

December 18, 2018 @ 9:30 pm By JD Alois  |  

Medici Ventures, the blockchain holding company subsidiary of Overstock (NASDAQ:OSTK) says it has completed an equity token transfer using the Ravencoin blockchain. Medici reports it purchased $3.6 million in Chainstone Labs, a stealth Fintech startup that is focused on digital securities. Chainstone, founded by CEO… Read More

December 18, 2018 @ 3:21 pm By JD Alois  |  

The Dubai Financial Services Authority (DFSA) has initiated a consultation on property crowdfunding. Released last week, the consultation addresses a proposal to add a new subcategory for property investment crowdfunding platforms. The DFSA notes that like many financial services, crowdfunding has evolved. Originally designed to… Read More

December 18, 2018 @ 2:41 pm By JD Alois  |  

Neil Mannion, a convicted drug dealer who allegedly traded on darknet sites such as Silk Road and Agora under the name ‘Hulkster’, has lost a legal battle to keep his crypto, according to a report in the Irish Examiner. Judge Carmel Stewart approved a request… Read More

December 18, 2018 @ 10:30 am By JD Alois  |  

Germany based Fintech creditshelf Aktiengesellschaft, an SME financing platform, is launching a new partnership with CrossLend to offer the first digital securitization of SME loans in Germany. According to creditshelf, CrossLend is an investor on the creditshelf platform and purchases loan receivables as part of the… Read More

December 18, 2018 @ 8:51 am By JD Alois  |  

Patisserie Holdings PLC has partnered with Yoyo a mobile payments and loyalty platform, to introduce mobile payments and the Yoyo powered app experience to Patisserie Valerie customers. Patisserie Valerie was first launched in London’s Soho in 1926 by Belgian-born Madame Valerie, and specializes in handmade cakes,… Read More