April 8, 2025 @ 12:32 pm By JD Alois  |  

Chi-Chi’s, once a popular Mexican restaurant that emerged in the 70’s only to disappear in 2004, may emerge once again. That is if an attempt to reanimate the brand is successful. Raising money on StartEngine, Chi-Chi’s reborn has attracted the support of 360 investors, with… Read More

April 8, 2025 @ 12:06 pm By JD Alois  |  

Cybersecurity for crypto firm Octane has announced a $6.75 million seed round as it emerges from stealth mode. Winklevoss Capital and Archetype led the funding round. Other investors include Gemini, Circle, Legion Capital, Druid Ventures, Duke Capital Partners, and strategic angels Balaji Srinivasan, Sina Habibian,… Read More

April 8, 2025 @ 11:56 am By JD Alois  |  

Apollo Funds has committed money to back Plume, according to a note from the company. Deal terms were not revealed. Plume is a blockchain built specifically for Real World Assets or RWAs. Plume says it is building an EVM compatible environment to transform traditional financial… Read More

April 8, 2025 @ 10:46 am By JD Alois  |  

As a regular user of Companies House, this author believes the database needs more than some make-up. It needs a major overhaul. Companies House makes the US Securities and Exchange Commission’s EDGAR system look like a supermodel in comparison. That’s a heavy lift. From posting documents with opaque… Read More

April 8, 2025 @ 8:28 am By JD Alois  |  

Multiple reports indicate that the National Cryptocurrency Enforcement Unit (NCET), part of the US Department of Justice, has been shut down. Fortune first reported this, stating that a memo indicates that Deputy Attorney General Todd Blanche announced the decision to eliminate the entity, claiming the DOJ is… Read More

April 7, 2025 @ 12:00 pm By JD Alois  |  

Innovate Finance, an association that advocates on behalf of the Fintech industry in the UK, has issued a statement calling on the UK government to create a National Anti-Fraud Centre to battle the financial fraud crisis. The cost of payments fraud is said to be… Read More

April 7, 2025 @ 11:41 am By JD Alois  |  

The Securities and Exchange Commission’s Crypto Task Force, created by interim SEC Chairman Mark Uyeda, has revealed its agenda for its next Crypto Roundtable. Led by SEC Commissioner Hester Peirce, the Task Force aims to work with industry participants and other insiders to chart a… Read More

April 7, 2025 @ 8:44 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) issued a statement on stablecoins declaring they are not securities and thus not regulated by the agency. The SEC, Division of Corporate Finance, said that as long as the stablecoin is tied to the dollar and does… Read More

April 7, 2025 @ 8:00 am By JD Alois  |  

Digital asset platform Fasset has partnered with Dinari to tokenize $1 billion of US equities, which are available to investors, according to a company statement. Fasset is a Dubai-based blockchain firm. Dinari, through its blockchain-based tokenization technology, aims to enable investing in anything from anywhere…. Read More

April 4, 2025 @ 4:59 pm By JD Alois  |  

The House Financial Services Committee, Subcommittee on Digital Assets, Fintech and AI, has scheduled a hearing for April 9, 2025, to discuss tokenization or digital securities. The hearing is entitled: American Innovation and the Future of Digital Assets: Aligning the US Securities Laws for the… Read More

April 4, 2025 @ 4:43 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Corporate Finance (CorpFin), has issued a statement on stablecoins. During the last administration, the SEC’s position was that pretty much all crypto was deemed to be securities. Bitcoin was an exception, and perhaps Ethereum. Things have changed… Read More

April 4, 2025 @ 12:54 pm By JD Alois  |  

The definition of an Accredited Investor will probably change this year. Currently, an Accredited Investor is someone who earns over $200,000 a year ($300,000 if married) or holds over $1 million in assets, not counting a primary residence. While certain adjustments have been made to… Read More

April 4, 2025 @ 10:47 am By JD Alois  |  

Yesterday, CI shared a number of comments from Fintech executives sharing their opinions on President Donald Trump and his “Liberation Day” tariff policy. The President signed an Executive Order addressing what is described as “structural asymmetries,” which will “no longer be tolerated.” The CEO of… Read More

April 3, 2025 @ 5:39 pm By JD Alois  |  

  Crowdfund Capital Advisors (CCA), founded by individuals who helped to write the JOBS Act of 2012 – the legislation that legalized online capital formation or crowdfunding, has sent a letter to Representative French Hill, Chairman of the House Financial Services Committee, voicing their support… Read More

April 3, 2025 @ 4:43 pm By JD Alois  |  

Polymarket has a listing on its platform where you can bet on a recession in the US. Currently, there is a 48% chance a recession will be forthcoming in 2025. According to the rules of the market, a “yes” is confirmed if the National Bureau of Economic… Read More

April 3, 2025 @ 10:02 am By JD Alois  |  

Yesterday, President Donald Trump outlined his plan to impose tariffs on most of the world. With a few exceptions, just about every country will be impacted by the White House’s decision. Markets reacted as expected, tanking as the anticipation of trade disruptions and price increases… Read More

April 3, 2025 @ 8:37 am By JD Alois  |  

Fuse, founded by TrueLayer veterans, has raised $6.6 million in a funding round led by Northzone. Other investors include Flourish Ventures, Alter Global, and angel investors. Fuse is a payments Fintech targeting the MENA region. The company says it is focusing on the “payments bottlenecks”… Read More

April 2, 2025 @ 11:30 pm By JD Alois  |  

Following markup, the STABLE Act was approved by the House Financial Services Committee. The legislation provides rules for issuers of stablecoins. The STABLE Act passed through the Committee markup hearing by a vote of 32-17. Representative Bryan Steil thanked Committee Chair French Hill for supporting… Read More

April 2, 2025 @ 7:41 pm By JD Alois  |  

StartEngine, one of the largest securities crowdfunding platforms in the US, has filed a 10-K with the Securities and Exchange Commission (SEC) providing insight into its operations. StartEngine’s primary business is enabling issuers to raise money under various exemptions, including Reg CF, Reg A+, and… Read More

April 2, 2025 @ 7:13 pm By JD Alois  |  

President Donald Trump followed through on his threat of global tariffs today. In a White House garden presentation, the President announced “Liberation Day,” declaring that the US would no longer idly accept tariffs from other nations but would match them instead. Trump declared that these… Read More