JD Alois

Mercury Bank Approved for National Bank Charter

Mercury Bank has received conditional approval for a national bank charter by the Office of the Comptroller of the Currency. In a public statement,  Immad Akhund, co-founder and CEO of Mercury, said they applied for a bank charter as founders need a bank that is… Read More

Stripe Launches Link Wallet Powered by AI

Stripe has launched Link wallet, powered by artificial intelligence. Link allows users to delegate purchases without exposing payment credentials. Stripe, founded in 2010, is a top payments platform for online/offline businesses. The company processed almost $2 trillion in payments in 2024. It supports around 135… Read More

Crypto Firms, Representatives Hold Briefing on the CLARITY Act on Capitol Hill. Meanwhile Legislation May Soon Move to Markup

The Blockchain Association says a group of its members, including Coinbase, the Solana Institute, and others, held an informational gathering on Capitol Hill today to help educate staffers and their members on the CLARITY Act. Crypto market infrastructure legislation remains in limbo because legacy banks… Read More

Shares of Robinhood Crater Following Difficult Earnings Report

Robinhood (NASDAQ:HOOD) shares cratered today, currently down over 13%, following a disappointing Q1 earnings report. Yesterday, Robinhood reported a top-line revenue increase of 15% versus the same quarter of the prior year, topping $1.07 billion. Funded accounts inched higher by over 400,000 during the quarter. Transaction-based… Read More

US Federal Reserve Holds Rates Steady, Chairman Powell to Remain at Fed After Replacement Takes Over

The US Federal Reserve announced it had decided to hold rates steady, thus matching market expectations. What was interesting this time was the number of dissenters regarding a policy leaning toward easing going forward. The FOMC decided to maintain the target range for the federal… Read More

Ripple Expands Partnership with Bullish

Bullish (NYSE: BLSH), an institutionally focused global digital asset platform and exchange, and Ripple are building upon their existing long time partnership. According to a statement from the two firms, the agreement means extending Bullish’s options markets to Ripple Prime users. On another note, Ripple… Read More

Crypto Expert Says UK FCA Consultation on Digital Assets Gets it Wrong, Puts Ecosystem at Risk

The UK is in the midst of a consultation on digital assets and regulation. Beginning in October 2027, the UK Financial Conduct Authority (FCA) will add crypto to its remit. The consultation covers topics like issuing a qualifying stablecoin, operating trading platforms, dealing and arranging… Read More

Securitize Partners with Computershare to Issue Tokenized Shares

Digital asset platform Securitize has partnered with Computershare to enable the company to issue tokenized shares alongside more traditional securities. Computershare is a global financial administration company that serves as a transfer agent and registrar for corporations. Computershare provides tools for managing share registries, employee… Read More

Independent Community Bankers of America Says Consumers Worry Digital Assets will Harm Banks, White House Digital Asset Chief Disagrees

Mr. Potter Banker Banking (1)

The Independent Community Bankers of America (ICBA) says consumers worry that digital assets will harm community banks. ICBA President and CEO Rebeca Romero Rainey says their polling proves that Americans “strongly support community bank views amid the ongoing debate over digital assets market structure.” Rainey… Read More

SEC Small Business Capital Formation Advisory Committee Tells Commission to Improve Finders Framework

Finders is an amorphous activity where an individual or entity matchmakes money with private firms in need of funding. If you happen to have a great network of moneyed individuals, perhaps met at the club or a top university, things can be easier. But if… Read More

Republic, Bitget Offer Pre-IPO Shares to Non US Investors

Bitget and Republic, via Republic International Cayman, have partnered on a new service called IPO Prime. The collaboration enables access to tokenized shares in pre-IPO firms. First on the list is an offering referencing SpaceX shares, a company expected to float on a US exchange… Read More

Tether Collaborates on Bitcoin Mining with Canaan, ACME Swisstech

Stablecoin issuer Tether is working with Canaan (NASDAQ: CAN)  and ACME Swisstech to enable Bitcoin mining. According to a note from Tether, the goal is to operate more efficiently, reducing energy usage and maximizing performance. The “modular” approach is designed to be independently optimized without… Read More

Millions of Americans Move From High Tax States to Low Tax States: Report

The competition between states continues as millions of Americans migrate from high-tax states to lower-tax states and potentially lower-cost-of-living states. This is according to a recent report by the nonpartisan Tax Foundation, which reviewed publicly available information on tax filers. By using public data from the IRS, the… Read More

Canada: Tech Firms Raise $1.5 Billion in Q1 2026, Down 8% Year Over Year

A recent report highlights private funding for Canadian tech firms, noting that $1.5 billion was raised in Q1 2026, down 8% from Q1 2025. At the same time, Q1 numbers were an increase of 10% versus Q4 2025. The report by Tracxn said that Canada… Read More

Emerging Market Fintech LemFi Commits to £100 Million Investment in the UK

Emerging-market Fintech LemFi says it will commit £100 million in investment to the UK over 5 years.  The company said it would establish its global headquarters in London as it anticipates the UK will emerge as a top hub for cross-border finance. LemFi reports that… Read More

USVC & VCX: Retail Wants Greater Access to Private Securities

AngelList just announced a new registered, non-traded fund, USVC, to enable retail participation in the private securities sector. Fundrise, an investment platform that originally targeted private real estate investments rather than early- or later-stage private investing, recently launched a publicly traded fund, Fundrise Growth Tech… Read More

AI: UK based Ineffable Intelligence Receives $1.1 Billion Seed Round, Sovereign AI, British Business Bank Participate. Largest Seed Round in European History

UK-headquartered Ineffable Intelligence has raised $1.1 billion in seed funding. Ineffable Intelligence, founded in 2025 by David Silver, a former top Google DeepMind researcher, aims to beat top large language models by using “reinforcement learning” or AI training by trial-and-error/experience. In a post on X,… Read More

Coinbase: Stablecoins Quickly Going Mainstream, Claims Title of Largest Full Stack Platform for the Future of Finance

Coinbase (NASDAQ:COIN) is pounding its chest regarding stablecoins and its ability to lead the future of finance. Stablecoins, long lumped with crypto, are really the future of value transfer. Payments, savings, programmable activities, and more. This package arrives at a lower cost, with faster speeds, and… Read More

France Cautions Consumers, Platforms on Quality Information in Rising Digital Investment Marketplace

The Autorité des Marchés Financiers (AMF) in France has issued a statement regarding the rise of digital investments and the need for high-quality information from platforms used by retail investors. The statement reflected the SPOT (Operational and Thematic Supervision of Practices) inspections, in which the AMF… Read More

Banking Circle Approved for CASP License, Launches New Service

Banking Circle, a Fintech headquartered in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier, says it has received approval to operate as a Crypto-Asset Service Provider (CASP), thus enabling more digital asset services. Following the approval, Banking Circle said it is launching… Read More

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