July 15, 2018 @ 3:46 pm By JD Alois  |  

Small businesses in the US, and just about every other country, are the life blood of the economy where they operate. This is a fact. Providing access to capital to smaller firms is thus a vital need to drive economic growth, create jobs, and enable… Read More

July 15, 2018 @ 3:08 pm By JD Alois  |  

Sight Diagnostics, an Israeli Medtech firm, has launched “OLO,” an AI-based blood diagnostics device which is said to offer lab-quality “Complete Blood Count” (CBC) tests from finger prick samples at the point-of-care. Sight Diagnostics is an OurCrowd portfolio company having facilitated two investment rounds in… Read More

July 15, 2018 @ 12:00 pm By JD Alois  |  

UK research firm Beauhurst published a report recently that highlighted foreign investment into high growth UK firms. According to their numbers, foreign investment is booming in the UK – in spite of Brexit induced jitters. The report states that during 2017 foreign investment hit £6… Read More

July 15, 2018 @ 9:21 am By JD Alois  |  

  As was reported last week, the Securities Token Roundtable is continuing deliberations in Barbados over the weekend. Organized in part by the efforts of Polymath who is hosting the event, the meeting includes a good number of emerging platforms and industry participants seeking to… Read More

July 13, 2018 @ 6:07 pm By JD Alois  |  

The Subcommittee on Monetary Policy and Trade, part of the House Financial Services Committee, has updated the information on the forthcoming hearing entitled “The Future of Money: Digital Currency.” The Hearing, which will be live streamed on the Committee web site, will include the following… Read More

July 13, 2018 @ 11:09 am By JD Alois  |  

Coinsource, a company that claims the title of the world’s largest Bitcoin ATM network, has increased the withdrawal amount to $5,000 USD. Coinsource says this comes in response to growing demand for more ATMs and the company’s growing presence in Mid-Atlantic states, including Delaware, Pennsylvania,… Read More

July 13, 2018 @ 11:00 am By JD Alois  |  

KingsCrowd, a startup that wants to become the “Morningstar of equity crowdfunding” is using crowdfunding to raise their seed funding round. The offer is posted on NetCapital and seeks a max raise of $106,999. The minimum is low at $10,000 – but two weeks into the… Read More

July 13, 2018 @ 10:18 am By JD Alois  |  

Reg CF is the smallest segment of the crowdfunding industry but it is also the securities exemption that was designed to cater to the smallest of businesses. Signed into law in 2012, Reg CF became actionable in May of 2016 and since that time has… Read More

July 13, 2018 @ 8:23 am By JD Alois  |  

Tether, a provider of tokenized traditional fiat currencies, has selected former AML Quality Control Manager at the Bank of Montreal, Leonardo Real, as their Chief Compliance Officer (CCO). Launched in 2014, Tether claims to be the first blockchain-enabled platform to allow traditional currencies to be… Read More

July 13, 2018 @ 8:12 am By JD Alois  |  

Next Level Consulting has hired Kirsten Roy-Reid as its Senior Partner and Head of Compliance. Roy-Reid is a former JP Morgan Senior Vice President for compliance having worked in London, New York, Hong Kong and New Zealand for over 13 years. The hiring may be viewed… Read More

July 13, 2018 @ 7:37 am By JD Alois  |  

The #MetaHash team has announced that is has successfully been examined by the Swiss Financial Market Supervisory Authority (FINMA) which has officially concluded that the #MetaHashCoin (#MHC) will be recognized as money of general utility with payment functions. This is the first cryptocurrency to be… Read More

July 12, 2018 @ 5:30 pm By JD Alois  |  

Earlier this year, the Deloitte Center for Financial Services (DCFS) and LendIt Fintech joined together to publish a survey on online lending and the current state of the ecosystem. The numbers were highlighted this past April during the LendIt Fintech conference but Deloitte has recently shared… Read More

July 12, 2018 @ 4:33 pm By JD Alois  |  

The House Financial Services Committee, Subcommittee on Monetary Policy and Trade has scheduled a hearing entitled “The Future of Money: Digital Currency”. The hearing will take place on Wednesday, July 18, 2018 2:00 PM. There is no additional information at this time as to who… Read More

July 12, 2018 @ 10:05 am By JD Alois  |  

Binance, one of largest cryptocurrency exchanges in the world, has announced an investment in Founders Bank based in Malta. Several months back, Binance famously migrated operations from Asia to Malta – an important coup for the “blockchain island.” Malta has enacted legislation designed to encourage blockchain… Read More

July 12, 2018 @ 9:30 am By JD Alois  |  

Lending Works has received £2.8 million in funding in a round led by Maven Capital Partners, with £800,000 of backing from Pollen Street Capital and NVM Private Equity. The UK peer to peer lender said proceeds will be used to fuel growth including loan customer acquisition… Read More

July 11, 2018 @ 10:29 pm By JD Alois  |  

Coinsquare, a Canadian cryptocurrency exchange, and DLTA 21 Blockchain Corp., a Canadian blockchain investment bank, have partnered up on a  cryptocurrency trading in Japan. The two companies said the new trading platform will be doing business as DLTa21X after receiving regulatory approval in Japan. Cole Diamond,… Read More

July 11, 2018 @ 6:08 pm By JD Alois  |  

Recently, the Financial Industry Regulatory Authority (FINRA) – the self regulatory organization (SRO) that oversees broker dealers and other financial firms – issued a “Regulatory Notice” on digital assets. Digital assets, as defined by FINRA, include just about anything associated with blockchain including digital assets that… Read More

July 11, 2018 @ 4:14 pm By JD Alois  |  

DIRT Protocol has raised $3 million in seed funding with solid support from big crypto names. The list is long, including General Catalyst, Greylock, Lightspeed, Pantera Capital, Digital Currency Group, SV Angel, Avichal Garg, Elad Gil, Fred Ehrsam and Linda Xie. The gangs all here. So… Read More

July 11, 2018 @ 12:38 pm By JD Alois  |  

Once again, the UK Department for International Trade (DIT) is booking trips abroad to promote and interact with financial innovation types around the world. DIT has scheduled two trips for this Fall. First, DIT has scheduled their second UK Fintech Mission to Mexico City from 11-14… Read More

July 11, 2018 @ 12:05 pm By JD Alois  |  

Securities and Exchange Commission Chair Jay Clayton has posted remarks on the establishment of the “Task Force on Market Integrity and Consumer Fraud.” The Task Force was announced today as an Executive Action by President Donald Trump. Clayton said he believes “cyber threats present some of… Read More