July 9, 2018 @ 8:27 am By JD Alois  |  

The Joint Chiefs of Global Tax Enforcement, or the “J5”, is a group of nations dedicated to fighting against tax crime and money laundering. Participants in the J5 include the Australian Criminal Intelligence Commission (ACIC) and Australian Taxation Office (ATO), the Canada Revenue Agency (CRA),… Read More

July 9, 2018 @ 8:05 am By JD Alois  |  

As has been widely reported, the Israeli Tax Authority has conducted an audit at the offices of Bits of Gold, a Bitcoin and Ethereum exchange. Bits of Gold also transacts in alt coins in an OTC fashion. The Israeli Ministry of Finance gave Bits of… Read More

July 8, 2018 @ 4:06 pm By JD Alois  |  

Sun Guofeng, Director of the Peoples Bank of China Research Institute, says that more Fintech regulation is on its way. The comments were reported by ECNS as Guofeng spoke at the Bund Summit in Shanghai. Guofeng said; “Building regulatory regime at local levels will become… Read More

July 7, 2018 @ 7:27 pm By JD Alois  |  

A report in ECNS indicates that the Chinese peer to peer lending industry is enduring a bit of a retrenchment. China is home to the largest P2P industry in the world – an accomplishment that was aided by the fact that at the beginning, few… Read More

July 7, 2018 @ 6:52 pm By JD Alois  |  

The Securities Commission Malaysia (SC) is inviting interested parties to apply to operate investment crowdfunding platforms and peer to peer lending sites. SC states that applicants may submit their applications for registration now with a deadline of September 7th, 2018. As at June 2018, the… Read More

July 6, 2018 @ 5:01 pm By JD Alois  |  

Dash Labs, a company that claims to make any car smart, is the most recent cross border offering listed on two separate crowdfunding platforms. Dash is currently seeking a raise of $4 million (min $750,000) at a pre-money valuation of $13.5 million. The offering is… Read More

July 6, 2018 @ 4:39 pm By JD Alois  |  

HBUS, a cryptocurrency exchange that is a partner of Huobi – one of the largest crypto exchanges around having trasded $50 billion plus, has announced that most US residents may start registering for its services. There remain several states where HBUS is not offering trading… Read More

July 6, 2018 @ 4:17 pm By JD Alois  |  

Exo Investing, a retail digital wealth management platform, has received a private investment from Benjamin and Ariane de Rothschild, according to the company. Additional investors include, the founders of Madrid-based ETS Asset Management Factory (who happens to supply Exo with its Quantitative investing technology and… Read More

July 6, 2018 @ 10:46 am By JD Alois  |  

  SIX, the operator of the Swiss Stock Exchange, has announced the launch of SIX Digital Exchange to trade digital assets. Zurich based SIX is controlled by an association of banks. SIX Group Ltd is an unlisted public limited company owned by around 130 domestic and… Read More

July 6, 2018 @ 10:09 am By JD Alois  |  

Kleros, a decentralized “dispute resolution layer” has announced a partnership with MARKET Protocol, a company building a platform for decentralized derivatives markets. The two companies say they will provide a completely decentralized trading and dispute resolution technology platform for secure and trustless transactions. Kleros says… Read More

July 6, 2018 @ 8:11 am By JD Alois  |  

Blackmoon is reporting its Xiaomi initial public offering (IPO) has been sold out. But this batch of shares are not being sold in the traditional manner as Blackmoon has tokenized the offering. This past week, Xiaomi completed an IPO on the Hong Kong Stock Exchange…. Read More

July 5, 2018 @ 7:40 pm By JD Alois  |  

The UK government, via the Department for International Trade (DIT), is offering an interesting program to incentivize entrepreneurs to set up shop in Great Britain. Of course, some of this has to do with Brexit and the UKs desire to promote an innovation driven economy… Read More

July 5, 2018 @ 2:50 pm By JD Alois  |  

Just like stocks traded on all public exchanges, Templum Markets will be adding CUSIPs to its blockchain based securities that will be listed on the secondary marketplace. Templum is one of a few Fintechs that has a license to operate as a regulated Alternative Trading… Read More

July 5, 2018 @ 1:40 pm By JD Alois  |  

The Ontario Securities Commission (OSC) has published its 2018-2019 “Statement of Priorities.” This document sets out the priorities for the regulator during the fiscal year along with preferred outcomes. Along with the expected statements of investor protection and compliance / enforcement, the OSC says it intends… Read More

July 5, 2018 @ 11:00 am By JD Alois  |  

Securitize is one of a handful of platforms positioning itself to facilitate the tokenization and trading of securities. This will be for funds, companies, and other asset classes. The turnkey platform wants to simplify the process of securities on blockchain from login to the lifetime of… Read More

July 5, 2018 @ 9:06 am By JD Alois  |  

The Elephant (formerly PrivatEquity.biz Platform), a security token issuance and secondary trading platform, is doing a small hybrid funding round. According to details shared with CI, the offer is seeking a few strategic investors to raise $2 million. The minimum subscription is $250,000 with each… Read More

July 5, 2018 @ 8:03 am By JD Alois  |  

Creditshelf Aktiengesellschaft, a Germany based online lender, has announced its intent to do an initial public offering (IPO) on the Frankfurt Stock Exchange. The IPO is currently scheduled to take place for the third quarter of 2018. The offering is expected to be newly issued shares… Read More

July 4, 2018 @ 11:09 am By JD Alois  |  

Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), delivered a speech today at the MAS Annual Report Media Conference. Within the prepared remarks, Menon revealed that “Fintech alone is estimated to have contributed close to 2,000 of the net jobs created during… Read More

July 4, 2018 @ 9:57 am By JD Alois  |  

The Financial Conduct Authority (FCA) posted its next cohort of Fintech companies accepted into their regulatory sandbox and several blockchain based companies were on the list. BlockEx, a company that is launching a digital bond service on blockchain, was one of these companies.  BlockEx expects… Read More

July 4, 2018 @ 9:32 am By JD Alois  |  

Yesterday, the Financial Conduct Authority announced the next cohort of firms to be accepted into its Fintech Sandbox program. Within this group is a good number of crypto / blockchain. One of these firms, 20|30, will commence test initial coin offerings that will be equity… Read More