JD Alois

High Speed Blockchain Zilliqa Adds Two Smart Contract Experts as Advisors

Speedy blockchain platform Ziliqa has added smart contract technology experts Dr. Ilya Sergey and Evan Cheng to their advisory board. Ziliqa is a project founded by researchers at the National University of Singapore and is designed to address the transactional shortcomings in most of the Blockchain… Read More

The Central Bank of Malaysia Publishes Policy Document on Digital Currencies Regarding Anti-Money Laundering & Counter Financing of Terrorism

Bank Negara Malaysia (the central bank of Malaysia) has published an Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies. The document sets out the minimum requirements that a reporting institution must observe to increase the transparency of activities relating to digital currencies, such… Read More

Initial Coin Offerings: Is this How it Should’ve Been a Few Years Ago When US Securities Crowdfunding First Became Legalized?

    The very first initial coin offering (ICO) took place in June of 2013 when Mastercoin raised around $5 million in Bitcoin. That was the same year that Title II of the JOBS Act launched allowing general solicitation (SEC lingo for advertising) under Regulation… Read More

The SEC Halts Trading in Another Security that Claims Blockchain Affiliation

Last week, the Securities and Exchange Commission (SEC) issued another order of trading suspension for a company, HD View 360 (OTC:HDVW) that ostensibly was in talks to “explore and implement” Blockchain technology. The SEC stated: “It appears to the Securities and Exchange Commission that there… Read More

Here is the CFTC Memo that Says it is OK for Staff to Own Bitcoin & Other Cryptocurrency – but be Careful

Last month, the Commodity Futures Trading Commission (CFTC) posted a memo to all staff providing guidance regarding holding and transactions using cryptocurrencies, including Bitcoin. In brief, the memo from Daniel Davis, General Counsel of the CFTC, said it was ok to invest in crypto –… Read More

Tezos Foundation Expands Board, Partners with OCaml Software Foundation

The Tezos Foundation has expanded its Board, according to a release from the group. Tezos added that it was strengthening its cooperation with the core development team and providing more resources while adding developers. Simultaneously, the Foundation has partnered with the OCaml Software Foundation to… Read More

It’s Raining Subpoenas: Techcrunch Founder Michael Arrington Receive’s Notice from SEC Regarding Cryptocurrency Investment

Techcrunch founder Michael Arrington is on the receiving end of a subpoena from the Securities and Exchange Commission (SEC) regarding initial coin offerings (ICOs), according to a report from CNBC. Arrington, who departed Techcrunch quite some time ago, is involved in a cryptocurrency fund. Arrington… Read More

There is Friction Between New Finance & Old Regulation. Milken Report Highlights Legislative Progress on Fintech, Makes Recommendations as to How Congress Can Do More

US Capitol Hill Washington DC

The Milken Institute is out with a comprehensive report this week that drills down into existing legislative action by Congress that addresses the emerging Fintech industry. This is the first report of its kind and provides a solid perspective on what Congress has accomplished to… Read More

Alphabit Backs Adult Industry Platform Intimate’s Initial Coin Offering

intimate is on a mission to make the adult industry, like porn and “dating,” safer with Blockchain technology. And why not? The pornography industry was the first sector of the internet to actually make any money and, well, “dating” is the oldest profession in the… Read More

Polymath to Partner with the Barbados Stock Exchange, Launches “World First” Security Token Fund

During the Polycon gathering in the Bahamas, Polymath announced a slew of partnerships. Some new, some previously announced. Some of the already revealed partnerships include the arrangement with tZero, BnktotheFuture, SelfKey and more. One of the most interesting partnerships announced was an arrangement with the… Read More

Investoo CEO David Merry: Bank of England Chief Mark Carney’s Comments on Cryptocurrency & AML are “Confusing”

As reported earlier today, Mark Carney, the Governor of the Bank of England, delivered a speech today address the rise of cryptocurrencies and the future of money. In Carney’s opinion, cryptocurrencies are “failing as money.” He outlined his opinion why crypto, including Bitcoin, simply does… Read More

Switzerland: FINMA & the Crypto Valley Association Schedule Series of Roundtables to Discuss Initial Coin Offering Guidelines

As we reported last month, the Swiss financial regulator, the Financial Market Supervisory Authority (FINMA), published guidelines on initial coin offerings (ICOs). At that time, Mark Branson FINMA CEO explained they were taking a “balanced approach” in helping ICO issuers to navigate the regulatory landscape. Switzerland, more… Read More

Governor of Bank of England Mark Carney: Cryptocurrencies are Failing as Money

What is money? In The Wealth of Nations, Adam Smith defines money by the roles it plays in society, in particular, how well it serves as: –  A store of value with which to transfer purchasing power from today to some future time; –  A… Read More

The French Crowdfunding Association Tells Policymakers to Increase Crowdfunding Exemption Cap to €8 Million

The French Crowdfunding Association (Financement Participatif or FPF) has asked the French authorities to increase the investment crowdfunding cap to €8 million. Today platforms may raise up to €2.5 million (a bit over USD$ 3million), a level that has been deemed far too low. When crowdfunding rules… Read More

tZero Has Acquired VerifyInvestor for $12 Million in Cash

Buried within the tZero Offering Memorandum for its ongoing initial coin offering were several interesting items of note. The first was the fact the SEC was in the process of reviewing the offering. Another interesting bit of information was the fact tZero has acquired a… Read More

Knowbella Tech Says it will use Reg A+ Crowdfunding Exemption for Initial Coin Offering

Knowbella Tech LLC, a “scientific ecosystem powered by the Helix token,” has announced its intent to use Reg A+ for its initial coin offering (ICO) raising up to $50 million under Tier II of the exemption. As the SEC has clamped down on issuers not… Read More

The SEC Goes Hot with ICO Subpoenas but are Regulators “on Shaky Legal Ground?”

The fact the Securities and Exchange Commission has been issuing subpoenas to initial coin offering (ICOs) issuers has been rumored for quite some time. Recently, multiple publications, including Crowdfund Insider, revealed this fact. The SEC has been warning of this sort of activity for many months… Read More

tZero Raises $114 Million During Pre-Sale ICO, Migrates Away from SaftLaunch to StartEngine for Next Phase of Security Token Sale [u]

Overstock SEC Filing Indicates SEC Investigation Regarding ICO tZero has finally provided some clarity on the progress of its initial coin offering (ICO). While the most recent Form D filed with the SEC indicated over $64 million had been raised it did not include international… Read More

FunderNation Helps Touchscreen Specialist Faytech AG Raise Over €360,000

Faytech, a supplier of industrial touch screen solutions and a global leader in optical bonding touch panels, has selected Fundernation to help crowdfund its growth capital. Fundernation is the first German investment crowdfunding platform that is founded by a venture capital team. Fundernation’s investment focus is in… Read More

Singapore based Fintech Hub LATTICE80 Opens R&D Operation in South Korea

Marvelstone Group backed Global FinTech Hub LATTICE80 has opened a Research and Development (R&D) operation in South Korea, according to a note from the company. Joe Seunghyun Cho, Founding CEO of LATTICE80 and Chairman of Marvelstone Group, said that South Korea has become one of… Read More

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