JD Alois

Wall Street Blockchain Alliance Updates, Adds Quantum, AI to Policy Focus

Wall Street Subway Station New York City

The Wall Street Blockchain Alliance (WSBA) is updating its focus. While keeping its blockchain policy mission, WSBA is now adding artificial intelligence (AI) and quantum computing to its portfolio. According to a statement distributed by Ron Quaranta, Chairman and CEO of WSBA, AI and quantum… Read More

Paxos Approved by SEC to Offer Clearing Services

Paxos says it has been granted registration as a clearing agency by the Securities and Exchange Commission. Paxos Securities Settlement Company is said to be the only blockchain-native firm to have gained approval as a central securities depository. Charles Cascarilla, CEO and co-Founder of Paxos,… Read More

Subsidiaries of Aave Labs, Push Labs/Push Virtual Assets Gain UK FCA Approval

Subsidiaries of Aave Labs have gained approval from the UK Financial Conduct Authority to operate as a crypto exchange in the UK. Push Labs Limited and Push Virtual Assets Limited have secured the approval alongside an existing Electronic Money Institution (EMI) authorization. Stani Kulechov, Founder… Read More

Blockworks Announces Launch of Transparency Alliance to Support Standard for Token Disclosures

Blockworks has revealed the Transparency Alliance, a group aiming to outline standards for token disclosures.  Jason Yanowitz, Blockworks CEO, stated that: “Crypto has entered its institutional era. But tokens can’t progress until the market trusts them again. Enter disclosures. And an Alliance built around the… Read More

EmpowerRD CEO Says UK Startups Could Benefit from EU Startup Fund

Last year, the European Union (EU) announced a new scale-up fund to support early-stage, private ventures. The fund is expected to launch next month and will target late-stage deep tech, including AI, quantum, biotech, semiconductors, and more. The EU has struggled to develop innovative, young… Read More

CFTC Switches Sides in Legal Battle with Gemini

The Commodity Futures Trading Commission (CFTC) has pulled a 180 regarding an enforcement action filed against Gemini Spaceship (NASDAQ:GEMI). In a statement yesterday, the CFTC explained that it had joined Gemini Trust Company in a motion for relief from judgment in CFTC v. Gemini Trust… Read More

President Donald Trump Touts America as Crypto Capital of the World

President Donald Trump took to Truth Social tonight to declare the US is now the crypto capital of the world while criticizing the previous leadership of the Securities and Exchange Commission during the Biden Administration. Former SEC Chair Gary Gensler sought to undermine digital asset… Read More

65% of Financial Services Breaches, Thefts Include Human Element

A recent report on financial services crimes states that 65% of these occurrences involve a human element. The report published by Verizon says that “phishing victims, errors, and social engineering remain persistent attack surfaces despite security investments.” Internal data is compromised in 53% of financial… Read More

FedNow’s Rate Limit Increase to $10 Million “Pivotal”

Fintech support and updates to rules are a key part of the Trump Administration’s policy initiatives. Recently, the White House posted an Executive Order aimed at supporting improvements in Fintech. Digital services are quickly becoming the norm, and regulations and laws need to keep pace…. Read More

Robinhood Launches AI Trading for Users, Agentic Finance Automates Investing

Robinhood  (NASDAQ: HOOD) has launched agentic trading, allowing users to trade automatically using artificial intelligence (AI). Purchases of Robinhood’s AI-native Model Context Protocol (MCP) will use a credit card to pay for the transaction. In a blog post, Robinhood said users can now build agents to execute… Read More

Anti-Crypto Representative Brad Sherman Continues to Oppose Digital Assets in Re-election Bid

Representative Brad Sherman, a Democrat from California, continues to hammer away against the evils of crypto, according to recent posts on X. Robert Leshner shares some images of a direct mail campaign emanating from the Sherman team telling voters to say no to crypto and… Read More

President Trump Posts on Truth Social that CFTC Must Oversee Prediction Markets

President Donald Trump has posted on Truth Social that the Commodity Futures Trading Commission (CFTC) must maintain federal authority over prediction markets. In recent months, multiple states have challenged federal authority over platforms like Polymarket and Kalshi, arguing that federal oversight encroaches on state jurisdiction. The CFTC has gone so… Read More

Fellowship PAC, a Pro-Digital Asset Group, Endorses Ken Paxton for Senate in Texas, Other Pro Crypto Pols

The Fellowship PAC has endorsed Ken Paxton for the hotly contested Texas Senate seat, where Republican incumbent John Cornyn is currently expected to lose his seat. The Fellowship PAC announced its support of Paxton following President Donald Trump’s endorsement of Paxton on May 19th. Trump’s… Read More

Revolut’s Goal of Becoming a Federally Chartered US Bank Opposed

Digital bank Revolut wants to become a federally chartered bank in the US. The successful UK-based Fintech is already approved to provide banking services in the EU. Revolut Bank UAB is licensed by the European Central Bank (ECB) and regulated by the Bank of Lithuania…. Read More

Universal Real-World Asset (uRWA) Standard ERC-7943 Nears Final Status

According to a public statement, ERC-7943, the Universal Real-World Asset (uRWA) standard for compliant tokenization on Ethereum and EVM-compatible chains, is nearing Final status. The official Ethereum EIP site states it is in Last Call, with a final comment period taking a couple of weeks… Read More

Netcapital Plans Conference Call to Explain New Strategy as It Shifts from Online Securities Offerings

Netcapital will explain its new strategy, moving away from securities crowdfunding to providing infrastructure. According to a release, on May 28, 2026, new CEO Todd Violette will address his decision to migrate from listing online securities offerings, his near-term priorities, and his plans to leverage… Read More

Legislation to Create Strategic Bitcoin Reserve Moves to House Financial Services Committee

Legislation designed to create a strategic Bitcoin reserve has been referred to the House Financial Services Committee as the concept makes its way from a talking point to law. President Donald Trump signed an Executive Order in the spring of 2025 that sought to create… Read More

Fintech Executive Order Good for Regional, Smaller Banks: MassPay

The White House posted a series of Executive Orders (EO) this week, signed by President Donald Trump. A key EO was demanding that Fintechs have better access to the Federal Reserve and certain functions, such as payment accounts and real-time payments, to improve services for non-bank… Read More

Kevin Warsh Sworn in As New Fed Chair as Inflation, Interest Rates on the Rise

Kevin Warsh

Kevin Warsh was sworn in as the new Federal Reserve Chairman at an interesting time for the United States. While President Donald Trump has publicly stated he wants an independent Fed Board Chairman, he has also declared his desire for lower interest rates as determined… Read More

Bolt CEO Whacks Entire HR Department as Causing More Harm than Good

Bolt CEO Ryan Breslow eliminated his entire Human Resources (HR) department after determining it was doing more harm than good. Bolt is an established Fintech that has grown from payments and anti-fraud services to offering banking, crypto, and more. At one point, Bolt had a… Read More

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