JD Alois

Senate Majority Leader Thune Says the CLARITY Act Should See Vote Before Recess

Senate Majority Leader John Thune was on Hannity last night on Fox News, where he discussed pending legislative actions in the Senate. One of the top legislative ambitions is the SAVE Act, a bill that would require proof of citizenship to vote in elections, an… Read More

FATF Publishes Report on Decentralized Finance (DeFi), One Prominent Insider Says Report Falls Short

Following a targeted report on VASPs and digital assets, the FATF [Financial Action Task Force], a global coordinator of financial standards and illicit activity, has filed a report on decentralized finance, or DeFi. FATF standards are followed, and at times adhered to, by approximately 200… Read More

Fund Management Expected to be Completely Changed by AI – in the Next 12 Months

Fund and asset management is expected to be completely changed by artificial intelligence (AI). What is interesting, though, is the rapidity of this change, as it is predicted to undergo a transformation in the next 12 months. ClearWater Analytics anticipates that the entire fund management… Read More

Mercuryo Executive Comments on SparkKitty Malware Attack

SparkKitty is a Trojan horse-type malware hack that targets crypto accounts. While the malware has been around for a couple of years, recent reports about its prevalence on both Google Play and the Apple Store are reminders that consumers must always be diligent – even… Read More

SEC Proposes Registered Offering Reform, House Representatives Voice Support for the Change

The Securities and Exchange Commission (SEC) proposed Registered Offering Reform this past May. The rule change has been receiving comments with a deadline of today. The goal is to make it easier for public firms, especially smaller ones, to raise money through a registered offering. A… Read More

Cross River Bank to Power X Money “Everything App,” Poised to Challenge Traditional Banks by Providing Superior Services

Cross River Bank will power X Money, part of the Elon Musk social media platform X. X has long held Fintech ambitions, aiming to become an “everything App.” X has emerged as the world’s community forum, offering global news and perspectives unfettered by opinion, where… Read More

Kingscrowd Extends Reg CF Offering on StartEngine

Kingscrowd, a leading data provider for online capital formation, is extending its Reg CF funding round listed on StartEngine. Typically, platforms in the funding portal/online capital formation sector will partner with another platform to raise money online. Kingscrowd covers data for both Reg CF and… Read More

Circle Purchases IBM Patents on Blockchain Technology

Circle Internet Group (NYSE: CRCL) says it has acquired IBM’s (NYSE:IBM) blockchain patent portfolio. The terms of the deal were not immediately available. In a release, Circle said it had purchased over 1000 issued patents worldwide that address banking, financial services, insurance, infrastructure, and more. Circle… Read More

The CLARITY Act Myth vs. Fact: Senate Banking Committee Counters Detractors to Crypto Market Bill

The CLARITY Act, crypto market-infrastructure legislation, is approaching a floor vote in the US Senate. While the typical negotiations continue between proponents and those seeking to undermine digital asset innovation, Senate Republicans have been working to highlight the benefits of the bill. The most recent… Read More

Open Banking: Salt Edge Invests in Sientia

Open banking platform Salt  Edge has made a strategic investment in Sientia. Sientia is a “payments-linked advertising platform” that supports rewards, loyalty programs, and insight into purchasing activity. Sientia is a bootstrapped firm that works with global brands including Adidas, Ocado, Lyle & Scott, Honest… Read More

Coinbase Q2 Earnings Next Week

Coinbase (NASDAQ:COIN) will report Q2 2026 earnings next Thursday, with analysts looking for insight into how the transition to becoming an everything exchange is proceeding and how crypto markets are holding up in a choppy market. For investors, a stalled CLARITY Act and a sinking… Read More

Probability of the CLARITY Act Passing Before August Recess Declines

The probability that the CLARITY Act will be voted on in the US Senate before the August recess is in decline. Kalshi currently has a 40% chance of a vote on the bill taking place before August 8th. On July 20th, the probability was over… Read More

Digital Asset Proponents Send Letter to Senate Leadership Calling CLARITY Act Approval

The CLARITY Act, legislation that outlines a framework to regulate crypto, is in a holding pattern in the US Senate as negotiations drag on. Earlier this week, new language in the bill was revealed in an attempt to reach a compromise with policymakers who do… Read More

Marqeta Partners with Zerohash on Stablecoins

Marqeta (NASDAQ: MQ), a card issuance and management platform, has partnered with Zerohash to enable stablecoin utilization. Clients of Marqeta may now integrate stablecoin payments into their products seamlessly. Zerohash will handle custody, compliance, and liquidity for the payment stablecoins while Marqeta manages card issuance,… Read More

American Fintech Council Comments on Stablecoin AML/CFT Rules

The GENIUS Act became law in 2025, but rules crafted by various regulators were due on July 18, 2026. Today, the American Fintech Council distributed a statement on the Office of the Comptroller of the Currency and its AML/CFT requirements. The OCC’s proposal is viewable… Read More

AngelList Introduces Agentic AI Fund Management

Online investment platform AngelList has added agentic AI to its platform. According to a post on X by AngelList CEO, “you can now talk to your fund from Claude, ChatGPT, and Codex. Access financials, documents, capital calls, distributions, and more. To make this work seamlessly,… Read More

The CLARITY Act: Hurdles Remain on Revised Language Raising Questions as to Whether Democrats Truly Want to Support Financial Innovation

Updated language in the CLARITY Act was revealed yesterday in an attempt to sway Democrat members of the Senate to support the legislation. New language covering ethics was added to mollify members who claimed that participation by President Trump needed to be addressed. Unfortunately, it… Read More

EU Fines Google Under Digital Markets Act (CMA), His Tech Firm with €890 Million Penalty

The European Commission has penalized global tech firm Google [Alphabet] (NASDAQ:GOOG) under the Digital Markets Act (DMA) for the transgression of allegedly preferencing its own services on search over competitors. Google has been fined €890 million (over $1 billion). The EU claims that Google obfuscated… Read More

Goldman Sachs Acquires AEGIS

Goldman Sachs (NYSE:GS) has acquired AEGIS Hedging via its Goldman Sachs Alternative arm. AEGIS Hedging Solutions is a provider of commodity market intelligence that reportedly works with over700 commodity producers and financial counterparties. The company helps market participants grow through market expertise, including the utilization… Read More

The CLARITY Act: Here is the Updated Language of the Crypto Market Infrastructure Legislation

The updated language of the CLARITY Act is circulating now on social media. The bill now incorporates ethics provisions that bar certain government officials from various digital asset activities, including the issuance or promotion of digital assets. Pre-existing interests may be placed in a blind… Read More

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