JD Alois

Raisin to Compete with Banks, Offers Own Deposit Product

Perhaps it is a natural progression. Raisin, a European Fintech that offers comparisons and access to the best savings rates regardless of geography, will now offer its own savings product.  According to a company note, Raisin is now offering “Welcome Account” in Spain, describing it… Read More

France: AMF Says Chair Says EU Savings and Investment Union is a Priority

The French Autorité des Marchés Financiers has published its annual report for 2024. As part of the update, the AMF Chair, Marie-Anne Barbat-Layani, outlined three major challenges for the agency. Beyond investor protection and the choppy geopolitical environment, Barbat-Layani focused on the need to vigorously… Read More

Crowdfund Capital Advisors: SEC Report on Reg CF Falls Short

Crowdfund Capital Advisors (CCA), a data service provider for the securities crowdfunding sector, says the Securities and Exchange Commission missed the mark in its recent report on Reg CF (Regulation Crowdfunding). CCA states that while the SEC relies on Form C-U, these filings have historically… Read More

British Business Bank Tops £5 Billion in Lending ENABLE Program

The British Business Bank has surpassed £5 billion of lending across its guarantee programmes, ENABLE Guarantees and ENABLE Build. The bank noted that much of the funding was for firms based outside of London. The ENABLE program is designed to encourage additional lending to SMEs… Read More

US Department of Labor Softens Tone on Crypto in Retirement Accounts

Last week, the US Department of Labor’s Employee Benefits Security Administration rescinded a 2022 compliance release that discouraged fiduciaries from including cryptocurrency options in 401(k) retirement plans. This was part of a broader attack on the digital asset sector during the Biden Administration. In the… Read More

The Digital Asset Market Clarity Act Aims to Outline Market Structure for Digital Assets

The House of Representatives is attempting to move a comprehensive digital asset framework bill once again. Announced officially last week, the Digital Asset Market Clarity Act aims to establish a regulatory framework for the evolving digital asset sector. Introduced by the House Financial Services Committee, Chairman French… Read More

NASAA Creates Investor Protection Foundation, Seeks Board Members

The North American Securities Administrators Association (NASAA) has created a new foundation addressing the issue of investor protection. NASAA is the association that represents state and provincial securities regulators. The NASAA Investor Protection and Education Foundation’s mission is to conduct research that supports investor protection… Read More

SEIS Fund Listed on Republic Reports 12 Exits to Date

Republic Europe has listed an SEIS Fund that reports 12 exits to date. An SEIS fund, or Seed Enterprise Investment Scheme, offers significant tax benefits to investors who participate in a securities offering qualified under the program. Benefits may include no capital gains tax as… Read More

SEC Analysis of Reg A: $9.4 Billion for Over 800 issuers

The Securities and Exchange Commission (SEC), Division of Economic and Risk Analysis (DERA), has published a report on Regulation A (Reg A) alongside a document reviewing Reg CF. The report states that since Reg A was updated under the JOBS Act of 2012, over 800… Read More

Trump Media Closes on Private Placement Raising $2.44 Billion

Trump Media (NASDAQ:DJT) has closed on a private placement raising $2.44 billion in new capital. The funds will be utilized to pursue a Bitcoin treasury strategy. The funds raised included $1.44 in equity capital, at a price of $25.72 per share, and $1 billion in… Read More

DealMaker Now Accepts Stablecoins for Investments

DealMaker, a tech-enabled online investment platform serving the full stack of securities exemptions, is now accepting stablecoin transactions. In a widely distributed email, CEO and co-founder Rebecca Kacaba said that following the clarification by the Securities and Exchange Commission (SEC) that stablecoins are not securities,… Read More

SEC Clarifies Position on Crypto Staking: A Major Step Forward for the Crypto Community

The Securities and Exchange Commission (SEC), Division of Corporate Finance, has issued a clarification on staking. Staking is a process in the crypto sphere where certain holders of digital assets that utilize “Proof of Stake” (PoS) are committed to a consensus process for the network… Read More

Big Decision. SEC Drops Case Against Binance

The Securities and Exchange Commission (SEC) has dismissed its civil enforcement case against Binance. Announced in a brief statement today, the SEC said it had filed a joint stipulation with defendants Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and Changpeng… Read More

Coalition for Crowdfunding American Jobs and Prosperity Hammers Big Beautiful Bill as Missing the Mark

The Coalition for Crowdfunding American Jobs and Prosperity (CCAJP) has issued a statement slamming the “Big Beautiful Bill,” the tax and budget legislation that was recently approved by the House of Representatives. The CCAJP members include the Crowdfunding Professionals Association (CfPA) as well as industry… Read More

Crowd Street Aims to Lead the “New Frontier” of Private Market Investing, Will Add New Asset Classes

Online investment platform Crowd Street aims to lead the “new frontier” of private market investing. Previously targeting real estate opportunities, the firm is looking to expand its portfolio of offerings. In a company statement, Crowd Street announced the launch of a new brand-building initiative that… Read More

“A far cry from regulatory ambiguity” – Crypto Council for Innovation Says Crypto Consultations are Foundational

The Crypto Council for Innovation, an advocacy group for the digital asset sector, is welcoming the two consultations launched by the UK Financial Conduct Authority addressing the clarity of regulation for the digital asset industry, including the key stablecoin industry. The consultations cover the issuance… Read More

UK FCA Launches Two Consultations Impacting Crypto, Stablecoins

The UK Financial Conduct Authority (FCA) is in the midst of two consultations that will impact digital assets or crypto. As the world has taken a recent change in embracing digital asset innovation, the FCA wants to stay in the game, supporting responsible innovation and… Read More

After Raising Money on Crowdcube, Lumio Reveals Partnership with Lloyds Bank

Lumio, a Fintech that raised growth capital on Crowdcube, has announced a partnership with Lloyds Bank. Lumio offers an app that aims to help people grow their money on autopilot. In 2021, Lumio raised over £1 million at a pre-money valuation of £3.5 million. The… Read More

Outlier Ventures to Partner on Privacy Tech Accelerator with Midnight Foundation

Outlier Ventures says it will work with the Midnight Foundation on a privacy tech accelerator focusing on decentralized identity and financial services. The Midnight network is a privacy-enhancing blockchain project developed by Shielded Technologies. Outlier explains that privacy-enhancing technologies (PETs) are a class of advanced… Read More

Coinbase Enlists Irdeto to Help Battle Cybercrime

Coinbase (NASDAQ:COIN) recently revealed that it had been the target of a hack that was enabled by certain insiders. The event embarrased the crypto exchange as it has long sought to lead the sector in security and safety. Today, Irdeto, a Dutch cybersecurity firm, says it has… Read More

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