December 17, 2017 @ 3:50 pm By JD Alois  |  

We have been waiting for the complete English version of KPMG’s Leading Fintech 50 companies in China but it is apparently still in the works. KMPG has published a single sheeter though, so we share that now and hope to share the complete document in… Read More

December 17, 2017 @ 10:23 am By JD Alois  |  

Good news for North Carolina. LocalStake NC is a new full stack crowdfunding platform that has just launched in the Tar Heel state. The investment crowdfunding platform will offer securities under Reg D (both 506(b) & 506(c)), Rule 504, Reg CF, and the instrastate rule… Read More

December 16, 2017 @ 11:25 am By JD Alois  |  

South Korea has decided not to ban cryptocurrencies after all, instead the Korean government has decided to caution consumers on purchasing or trading in cryptocurrencies while regulators attempt to better manage the emerging market.  Previously, it was expected that Korean government officials were going to… Read More

December 16, 2017 @ 10:01 am By JD Alois  |  

How times are changing. Reported Bitcoin billionaire Niklas Nikolajsen has become the new sponsor of the Danish Hockey team Rungsted Seier Capital. The team has been playing at Saxo Bank Arena, sponsored by the more traditional Saxo Privatbank, but as of December 27, 2017, the rink… Read More

December 16, 2017 @ 9:37 am By JD Alois  |  

The central bank of Indonesia, Bank Negara Malaysia,  has published a consultation report on regulating Bitcoin and other cryptocurrencies. The action by the Bank comes at a time when popular interest in Bitcoin is increasing due to the dramatic rise in price and the addition… Read More

December 15, 2017 @ 5:16 pm By JD Alois  |  

The Secretary of the Commonwealth of Massachusetts has published a grouping proposed regulatory changes several of which will impact federal crowdfunding exemptions, including notice filings for Reg A+ and Reg CF. The proposed changes, posted today, are open for public comment until January 19, 2018…. Read More

December 15, 2017 @ 2:51 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has created a “virtual currency resource page” addressing Bitcoin and other cryptocurrencies as part of a dedicated section of the CFTC web site. The CFTC stated that Bitcoin and other virtual currencies have been determined to be commodities under the… Read More

December 15, 2017 @ 12:01 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has announced a Proposed Interpretation regarding its authority over retail commodity transactions involving cryptocurrency, such as Bitcoin. The Proposed Interpretation sets out the CFTC’s view regarding the “actual delivery” exception that may apply to virtual currency transactions. The CFTC… Read More

December 15, 2017 @ 10:15 am By JD Alois  |  

Initial Coin Offerings are fat targets for attorneys representing disgruntled investors. Tezos is the most prominent example of an ICO gone bad due to the very public internal infighting, the fact that creators attempted to describe investments as donations and the hundreds of millions of… Read More

December 15, 2017 @ 8:16 am By JD Alois  |  

HM Treasury will host their second International Fintech Conference following the success of the inaugural event in 2017. Scheduled to be held in London on March 22, 2018, the event will highlight the UKs standout Fintech innovators as well as up and coming Fintech firms… Read More

December 15, 2017 @ 8:00 am By JD Alois  |  

Buried within the Financial Conduct Authority (FCA) Distributed Ledger Technology (IE Blockchain) Feedback Statement on an earlier discussion paper was a section dedicated to Initial Coin Offerings (ICO) and regulatory requirements. The FCA, like much of the rest of the world, is seeking to enable… Read More

December 15, 2017 @ 7:44 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a feedback statement on distributed ledger technology (DLT) or Blockchain.  The document comes following an earlier discussion paper published in April designed to commence a dialogue between interested parties and the regulator. The FCA has now responded to received… Read More

December 14, 2017 @ 11:56 pm By JD Alois  |  

The Australian government and regulatory officials are keenly engaged in fostering the growth of Fintech. Marketplace lending, one of the largest sectors of Fintech, has provided a much needed new source of credit in many countries around the world. Earlier today, the Australian Securities and… Read More

December 14, 2017 @ 6:10 pm By JD Alois  |  

Republic, a Reg CF crowdfunding platform, listed its first Initial Coin Offering (ICO) this past week. Republic Crypto offered the security in conjunction with CoinList that is hosting the offer for accredited investors under Reg D (506c). Both CoinList and Republic are the creation of… Read More

December 13, 2017 @ 10:01 pm By JD Alois  |  

Launched in 2015, Fundnel is a Singapore based investment marketplace that provides unique access to early stage companies for individual investors previously cut out of the pre-IPO equation. Operated by a group of young, highly sophisticated executives, Fundnel is doing equity crowdfunding right and sets… Read More

December 13, 2017 @ 1:31 pm By JD Alois  |  

Australia has endured an interesting odyssey when it comes to equity crowdfunding legislation or crowd-sourced equity funding, as it is sometimes called. According to a report in InnovationAUS, the Aussie government failed to act on promised fixes that would allow private companies to gain eligibility…. Read More

December 13, 2017 @ 1:10 pm By JD Alois  |  

This is interesting. The UK Department for International Trade has shared a statement on the UK and US Trade and Investment Working Group. According to public officials, “the UK and US will work together to prepare the ground for a future [Free Trade Agreement] once the… Read More

December 13, 2017 @ 12:48 pm By JD Alois  |  

Waves is set to release a new and improved blockchain platform following 18 months of development. The launch of the Waves Client 1.0 will take place today bringing a redesigned client to users. The Waves Platform is primarily designed to support the issuance, trade and exchange… Read More

December 13, 2017 @ 11:28 am By JD Alois  |  

The opportunity is simply too strong to resist. The rapid rise of tokenized securities and the booming initial coin offering market is compelling crowdfunding platforms to reposition provide issuers the platform they demand. As the United States is the top ICO issuer in the world,… Read More

December 13, 2017 @ 11:00 am By JD Alois  |  

Asia is a hotbed of innovation when it comes to Fintech disruption. China is the largest Fintech market in the world and both Singapore and Hong Kong are battling to become the leading Fintech hub for alternative finance. This is not to mention Australia which… Read More