July 24, 2018 @ 9:28 am By JD Alois  |  

Waves has announced that Waves Client decentralized exchange (DEX),  is now stable after 53 beta versions. The Waves DEX is said to offer a completely new interface, new APIs and improved stability. The release also offers night mode and an asset manager, which allows searching… Read More

July 24, 2018 @ 8:35 am By JD Alois  |  

eBay (Nasdaq:EBAY)  and Square Capital (NYSE:SQ) have signed an agreement to provide up to $100,000 in credit to sellers – in as little as one day. The partnership is not only a streamlined offering of financing for small businesses that use eBay but also a… Read More

July 23, 2018 @ 10:44 pm By JD Alois  |  

In a note from Dash, a crypto for payments and e-commerce, the platform said it underwent a surprise network stress test, processing over half-million transactions in a 24 hour period. Apparently this outperformed Bitcoin’s record transaction volume in December 2017 at 490,644 with transaction fees reaching $34.00 USD…. Read More

July 23, 2018 @ 5:03 pm By JD Alois  |  

In a letter forwarded to Securities and Exchange Commission (SEC) Chairman Jay Clayton, a group of Fintech leaders demanded the Commission to increase Regulation Crowdfunding (Reg CF) from the current $1.07 million max amount to $20 million – a substantial increase to current rules. The… Read More

July 23, 2018 @ 1:01 pm By JD Alois  |  

  Earlier this month, CI reported about a gathering taking place in Barbados that incorporated a grouping of emerging security token firms. The goal of this meeting was to attempt and establish a standard by which securities could be offered on blockchain thus reducing sector… Read More

July 23, 2018 @ 12:19 pm By JD Alois  |  

In early 2018, the Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against Dillon Michael Dean of Longmont, Colorado and his company, The Entrepreneurs Headquarters Limited. The UK registered firm and Dean have… Read More

July 23, 2018 @ 10:33 am By JD Alois  |  

A report from the Politecnico Milano School of Management in Italy, indicates that the volume investment crowdfunding is picking up pace in Italy. In Italy, as is with the rest of Europe, crowdfunding denotes investment in both debt and equity. According to the numbers provided… Read More

July 23, 2018 @ 8:12 am By JD Alois  |  

PayU has acquired payments technology platform ZOOZ, according to a release from the firm. The deal is described as supporting PayU’s ongoing expansion into high growth markets in cross border payments. Terms of the deal were not disclosed but PayU says its total sum of… Read More

July 23, 2018 @ 7:47 am By JD Alois  |  

Blockchain startup Streamr won the Plug and Play Global Innovation Award for Performance from innovation platform STARTUP AUTOBAHN part of an event in Stuttgart last week. Streamr won for their pilot project with Hewlett Packard Enterprise (HPE), which was established to drive data monetization. Streamr’s… Read More

July 22, 2018 @ 4:18 pm By JD Alois  |  

  A report in Ibena from last week indicates that the US government is confiscating Bitcoins held by Iranians and the confiscation is ongoing. According to Sepehr Mohammadi from the Iranian Blockchain Community, the US has seized 500 bitcoins or more. In May of this year,… Read More

July 22, 2018 @ 3:13 pm By JD Alois  |  

Last week the subcommittee on Monetary Policy, part of the powerful House Financial Services Committee, held a hearing entitled “The Future of Money: Digital Currency.” This is not the first Congressional committee to tackle this emerging sector of Fintech and there will certainly be many more… Read More

July 22, 2018 @ 2:15 pm By JD Alois  |  

JPMorgan was in the news this week for a move than can only be described as crypto positive. A patent filed by JPM some months ago has just percolated up on the US Patent database.  According to the filing JPM is seeking “Systems and methods… Read More

July 22, 2018 @ 1:10 pm By JD Alois  |  

British Pearl, a property crowdfunding platform offering both debt and equity investments, is reporting a £7 million investment led by Lord Stanley Fink. British Pearl says the investment is indicative of a resilient property market even as Brexit looms. Lord Stanley Fink , has been engaged… Read More

July 21, 2018 @ 2:36 pm By JD Alois  |  

The Financial Stability Board (FSB) published a report on crypto-assets, including cryptocurrency and blockchain based securities, last week. The document is being presented to the G20. The document is a byproduct of the G20 meeting which took place in Buenos Aires in March. The member… Read More

July 21, 2018 @ 2:14 pm By JD Alois  |  

The emergence of cryptocurrency and initial coin offerings has helped to bring Switzerland back into the lime light when it comes to financial services. Once a noted haven for “numbered” bank accounts and strict anonymity rules, the Swiss banking industry has dimmed in recent years… Read More

July 20, 2018 @ 5:47 pm By JD Alois  |  

The leading financial regulator in the United Kingdom released their annual report this week. The Financial Conduct Authority (FCA) tackled a wide spectrum of issues in the report including the forthcoming separation from Europe. But the FCA also addressed their ongoing intent to foster an… Read More

July 20, 2018 @ 12:55 pm By JD Alois  |  

  EnergyFunders, a crowdfunding platform in the oil and gas sector, is raising capital on SeedInvest. The company has listed a side by side Reg CF – Reg D offering (accredited only) so the firm can raise beyond the CF cap. Under Reg CF, EnergyFunders… Read More

July 20, 2018 @ 11:01 am By JD Alois  |  

On July 24th, the House Financial Services Committee will consider legislation entitled the ‘‘Financial Technology Protection Act’’ (HR 5036). This bill, along with several others, will be discussed in front of the full Committee. The Act is described as seeking: “To establish an Independent Financial Technology… Read More

July 20, 2018 @ 10:32 am By JD Alois  |  

NOON Capital, a company with offices in Singapore and Thailand, is getting into the business of real estate on blockchain. While not the first entity to securitize investments in real estate, NOON says they are the first in Southeast Asia. According to their web site;… Read More

July 20, 2018 @ 9:21 am By JD Alois  |  

Earlier this week, the Subcommittee on Monetary Policy, part of the House Financial Services Committee, held a hearing on the future of money that addressed the rise in prominence of cryptocurrency. While some members of Congress remain supportive of crypto and Fintech in general, others… Read More