September 10, 2018 @ 7:51 am By JD Alois  |  

Crowdcube, a leading European crowdfunding platform based in the UK, has acquired software provider Supdate. According to Crowdcube, the acquisition will help Crowdcube funded companies be more connected with their shareholders. Terms of the acquistion were not revealed but a blog post indicated that Supdate… Read More

September 10, 2018 @ 7:29 am By JD Alois  |  

The Securities and Exchange Commission (SEC) issued a temporary suspension of trading of two cryptocurrency related securities. Both the Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) traded on OTC Markets saw trading halted as ordered by the SEC. The temporary suspension went into effect… Read More

September 9, 2018 @ 8:30 pm By JD Alois  |  

Real estate crowdfunding platform zinsbaustein.de has received additional backing from the Sontowski & Partner Group. Zinsbaustein founding group FinLeap has sold its stake in the firm and is now focusing on building the recently introduced “B2B2X Fintech” platform. Investor Marc Stilke will also expand his involvement… Read More

September 9, 2018 @ 5:34 pm By JD Alois  |  

Finitive, a Fintech that connects institutional investors with alternative lending investments, has closed a $50 million senior secured warehouse credit facility for Bungalow. Finitive called the transaction a “first of its kind in the co-living sector.” Bungalow is a real estate platform matching homes and… Read More

September 9, 2018 @ 5:15 pm By JD Alois  |  

According to IBENA, a news agency in banking and economy area, which is affiliated with the Central Bank of Iran, the country has “[accepted] cryptocurrency mining as [an] industry.” Spokesperson Abolhassan Firouzabadi said the Iranian National Cyberspace Center will be leading the crypto initiative with the Central Bank, which… Read More

September 9, 2018 @ 4:49 pm By JD Alois  |  

Atlas Blockchain Group, formerly known as “Atlas Cloud Enterprises” (CSE:AKE) (FRANKFURT:A49) (OTCQB:ATLEF), has issued a statement regarding recent trading activity of its shares on the OTCQB. Atlas is an IT service provider that wants to become the lowest cost producer in the blockchain and digital currency… Read More

September 9, 2018 @ 3:13 pm By JD Alois  |  

Multiple reports have indicated that 29 firms have made the cutoff for the first batch of virtual banking licenses in Hong Kong. Announced in September 2017, the push for digital banks in Hong Kong was designed to “bring Hong Kong into a New Era of… Read More

September 8, 2018 @ 12:29 pm By JD Alois  |  

TransferTo, a cross-border mobile payments network that topped $800 million in the first six months of this year, has invested in blockchain firm OXIO. According to a release, OXIO operates a mobile internet exchange and uses blockchain technologies to power fast and affordable mobile internet access… Read More

September 8, 2018 @ 12:12 pm By JD Alois  |  

Dan M. Berkovitz was sworn in as a Commissioner for the Commodity Futures Trading Commission (CFTC) this past week. Berkovitz was nominated by President Trump to serve as a Commissioner in April 201.  He was unanimously confirmed by the Senate on August 28, 2018. Berkovitz… Read More

September 8, 2018 @ 12:02 pm By JD Alois  |  

Anthony Zeoli, a partner at Freeborn & Peters LLP and long time CI Senior Contributor, has been named to the National Law Journal’s (NLJ’s) list of Cryptocurrency, Blockchain and Fintech Trailblazers. NLJ says the attorneys on their list are individuals who truly have “moved the needle” in… Read More

September 7, 2018 @ 1:12 pm By JD Alois  |  

SharesPost, a regulated ATS and global security token platform, has just published some research on the cryptocurrency market. SharesPost polled 2,490 consumers and 528 individual accredited and institutional investors to create the report. According to their data, even as cryptocurrency valuations have plummeted during 2018, consumers… Read More

September 7, 2018 @ 10:38 am By JD Alois  |  

Earlier this week, a report circulated by Business Insider indicated that Goldman Sachs had paused its efforts to launch a cryptocurrency trading desk – something Goldman had confirmed it was pursuing earlier this year. Today, according to CNBC, Goldman is still considering its options with… Read More

September 7, 2018 @ 9:10 am By JD Alois  |  

According to Electroneum, more than one million people have now downloaded their mobile cryptocurrency mining app on the Google Play store. Electroneum says their app enables users to mine and transfer its digital currency, ETN, through their phones Electroneum says it is one of only 25,271… Read More

September 7, 2018 @ 8:49 am By JD Alois  |  

Prospa, a leading online lender to SMEs in Australia, has shared that it has satisfied the a review by the Australian Securities and Investments Commission (ASIC) in relation to Prospa’s small-business contract terms. This past June, Prospa received a letter from ASIC requesting information as… Read More

September 7, 2018 @ 8:06 am By JD Alois  |  

COMPEON, a full-service commercial financing provider that connects businesses to both traditional banks and Fintechs, has created a new “digital link” with online lender iwoca to provide access to speedier loans. COMPEON, based in Düsseldorf, says this steps up the existing partnership between the finance portal… Read More

September 6, 2018 @ 2:30 pm By JD Alois  |  

Smart Valor has gained regulatory approval to operate as a financial intermediary in Switzerland from theSwiss Financial Market Supervisory Authority (FINMA). According to multiple reports, Smart Valor will add an investment platform to its current services of operating as an incubator in Zug, Switzerland.  As… Read More

September 6, 2018 @ 2:09 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has recently published a rather brief document on virtual currencies. These virtual currencies are similar to Bitcoin or, perhaps Ethereum, as they are used as a method of payment and transactions. The document states: “Switzerland has no regulations… Read More

September 6, 2018 @ 12:42 pm By JD Alois  |  

BANQ, an online investment platform and part of Tripoint Global Equities, has listed its first security token offering (STO). According to BANQ, Horizon Globex GmbH in Switzerland is issuing VOX security tokens as part of its Talketh crypto payments and communication service. The VOX tokens… Read More

September 6, 2018 @ 10:33 am By JD Alois  |  

WOM Token or “Word of Mouth” has received an investment from Advanced Blockchain AG for an undisclosed amount of funds. WOM Token Ltd. is said to be building a blockchain-based protocol that gives brands, content creators, and social networks a method to monetize word-of-mouth recommendations… Read More

September 6, 2018 @ 8:48 am By JD Alois  |  

The UK government is organizing its next Fintech Mission – this time to Austria and Switzerland – scheduled to take place the 23-24 of January 2019. Following along the lines of previous Fintech Missions, DIT will be arranging meetings between aspiring Fintechs and banks, VCs,… Read More