March 20, 2018 @ 11:00 pm By JD Alois  |  

Australia’s digital currency market is booming. This is according to a report by the Australian Digital Commerce Association (ACDA) and Accenture that tallied the numbers for 2017. During the year, over AU $3.9 billion was traded on cryptocurrency exchanges with more than 300,000 active traders…. Read More

March 20, 2018 @ 4:43 pm By JD Alois  |  

  The Group of Twenty or G20 held a meeting this week in Buenos Aires. Participating countries include Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States plus the… Read More

March 20, 2018 @ 12:56 pm By JD Alois  |  

Kevin O’Leary, one of the sharks on Sharktank who calls himself Mr. Wonderful, was visiting with the team at CNBC Squawk Box yesterday when he discussed a forthcoming initial coin offering for a “very prestigious hotel brand” with the security being offered to global investors. … Read More

March 20, 2018 @ 10:28 am By JD Alois  |  

OTC Markets (OTCQX: OTCM) has added Empire Stock Transfer Inc. its “Transfer Agent Verified Shares Program.” This is part of OTC Markets mission to improve the availability and accuracy of share data for OTCQX, OTCQB and Pink securities. OTC Markets launched the Transfer Agent Verified… Read More

March 20, 2018 @ 10:12 am By JD Alois  |  

Fintech Currencycloud, an international payments platform, has announced the launch of Global Collections. Leveraging multi-currency accounts receivable offering, banks and other payments companies may allow customers to receive payments across borders without the typically exorbitant fees and extensive delays prevalent in payment transfers today. Currencycloud is… Read More

March 20, 2018 @ 9:53 am By JD Alois  |  

Long Blockchain Corp. (Nasdaq: LBCC) has closed on a strategic investment in Stater Blockchain Limited, a company focused on developing and deploying scalable blockchain technology solutions in the financial markets. Stater’s wholly-owned subsidiary, Stater Global Markets, is a Financial Conduct Authority (FCA) regulated brokerage that facilitates market… Read More

March 20, 2018 @ 9:20 am By JD Alois  |  

South Korean Financial Services Commission Chairman Choi Jong-ku is pursuing a new policy to advance Fintech innovation. Korea has taken some heat for its excessively restrictive approach to financial services that undermines competition and innovation in financial services. In an announcement this week, Jong-ku introduced… Read More

March 20, 2018 @ 8:19 am By JD Alois  |  

The Israel Securities Authority (ISA) has published their interim report on cryptocurrencies. The document was present to Chairman of the ISA, Anat Gueta, yesterday. The document is a product of an inter-departmental Committee that was established last August to research cryptocurrencies. The report includes a… Read More

March 20, 2018 @ 1:14 am By JD Alois  |  

Culum Capital, a Singapore-based receivables and supply chain financing platform, has received an investment  from GTR Ventures. GTR revealed several Fintech investments this past week – mainly in the online lending vertical. “We are thrilled to be partnering with GTR Ventures,” commented Ginnie Chin, co-founder &… Read More

March 19, 2018 @ 9:11 pm By JD Alois  |  

American Home Preservation (AHP), a company that purchases distressed mortgages and then enables smaller investors to invest in the assets, has appointed a new CEO as long time founder Jorge Newbery become Chairman of the firm. AHP has hired DeAnn O’Donovan, a former executive with… Read More

March 19, 2018 @ 5:35 pm By JD Alois  |  

Singapore-based Kyber Network, a decentralized cryptocurrency exchange, has announced its public beta launch. The public launch of Kyber Network comes at a time when there is increasing scrutiny about crypto exchanges and platform security.  Kyber Network is a fully decentralized exchange, meaning it exists entirely on… Read More

March 19, 2018 @ 4:11 pm By JD Alois  |  

In a filing with the Securities and Exchange Commission, KODAKCoin indicated its intent to raise up to $176.5 million in an initial coin offering. The Reg D 506c filing also indicated that KODAKCoin will be using a SAFT structure or a Simple Agreement for Future… Read More

March 19, 2018 @ 3:22 pm By JD Alois  |  

HD View 360 Inc (OTC:HDVW), another company that issued a press-release mentioning Blockchain only to see trading in their shares suspended, has been hit with an enforcement action by the Securities and Exchange Commission along with a related criminal prosecution. The SEC first issued an… Read More

March 19, 2018 @ 11:59 am By JD Alois  |  

The City of London Corporation and Innovate Finance have jointly announced the launch of the Fintech Strategy Group (FSG) to help continue the success of the UK Fintech sector. According to Innovate Finance, the group will combine senior industry leaders across the sector including banks,… Read More

March 19, 2018 @ 11:38 am By JD Alois  |  

MarketInvoice has announced a new milestone of having topped £2 billion worth of invoice finance and business loans to UK companies. Launched in 2011, MarketInvoice has now provided financing solutions to thousands of businesses across the UK. The company reports that during this time over… Read More

March 19, 2018 @ 11:15 am By JD Alois  |  

The Securities and Exchange Commission (SEC) first launched investigations into initial coin offerings (ICOs) and the gatekeepers that have been facilitating these offerings several months back. The news of these investigations was first published by Crowdfund Insider in late February. Chatter regarding investigations had been building… Read More

March 19, 2018 @ 10:04 am By JD Alois  |  

Christopher Woolard, the UK’s Financial Conduct Authority  Executive Director of Strategy and Competition, delivered a keynote speech today at the Innovate Finance Global Summit. Woolard is the defender and champion of the vital competition mandate that has made the FCA a successful financial regulator.  Woolard… Read More

March 19, 2018 @ 8:48 am By JD Alois  |  

The Financial Stability Board (FSB), the international body that monitors and makes recommendations about the global financial system, has published its assessment of risk in advance of the upcoming G20 meeting which will take place in Buenos Aires today and tomorrow. The FSB is chaired by… Read More

March 19, 2018 @ 8:08 am By JD Alois  |  

Penthouse Global Media, publisher of the Penthouse magazine, has announced it will create a Vice Industry Token (VIT) for visitors to be able to pay and earn tokens across Penthouse’s original content, as well as comment on and vote for content. The Vice Token is a… Read More

March 19, 2018 @ 7:00 am By JD Alois  |  

The European Commission recently revealed its plan to support Fintech Innovation across Europe – a vital aspect of the EU economy. Included within the plan, was a statement and outline of improving the environment for pan-European crowdfunding. In many ways, investment crowdfunding is core to the… Read More