Featured Headlines

September 29, 2022 @ 9:00 am By Omar Faridi  |  

In the past five years, consumers and businesses, small and large, have sent more than five billion Zelle payments, “totaling nearly $1.5 trillion,” according to Early Warning Services, LLC, the network operator of Zelle. Zelle users have “leveraged the convenience and security of Zelle to… Read More

September 27, 2022 @ 10:30 pm By João Vitor Menin  |  

When COVID-19 cases first appeared in late 2019, its contagion abilities were wildly unanticipated by world leaders, and it was ungracefully downplayed by mainstream media. This caused a subsequent uncontrollable outbreak that eventually dampened the quality of life for billions and dented economies across the… Read More

September 26, 2022 @ 5:35 pm By JD Alois  |  

The number of FINRA-regulated Funding Portals continues to increase. These are broker-light platforms that may issue securities under Regulation Crowdfunding (Reg CF), a new exemption created by the JOBS Act of 2012. The Funding Portal sector received a bit of a boost last year as… Read More

September 23, 2022 @ 6:00 pm By JD Alois  |  

The US Internal Revenue Service (IRS), the tax authority of the US, has received a Court Order to be able to summons records pertaining to US taxpayers who may have failed to report and pay taxes on crypto transactions. According to the Department of Justice… Read More

September 23, 2022 @ 9:34 am By JD Alois  |  

DealMaker, a crowdfunding company based in Canada but providing services across the US, has been named the 3rd fastest growing company in Canada – reporting a huge 500% rate of growth. While based in Toronto, DealMaker reports 124 employees with a presence in both the… Read More

September 22, 2022 @ 6:27 pm By JD Alois  |  

Several weeks back, the SEC Small Business Capital Formation Advisory Committee (SBCFAC) met and discussed secondary transactions for securities issued under Regulation A (Reg A+) as well as Reg CF. Private securities must adhere to various rules for investors to sell a holding creating hurdles… Read More

September 22, 2022 @ 4:04 pm By JD Alois  |  

The UK government has introduced new legislation that is described as a move to counter those who abuse the UK’s open economy via money laundering or simply hiding ill-gotten gains. The Economic Crime and Corporate Transparency Bill is currently in Parliament, where it is scheduled… Read More

September 21, 2022 @ 3:34 pm By JD Alois  |  

During the House Financial Services Committee hearing on Megabanks today, JP Morgan CEO Jamie Dimon was asked about his opinion on blockchain technology. Dimon said he was not a skeptic when it comes to blockchain, smart contracts, Defi, etc., these are real things in which… Read More

September 21, 2022 @ 2:00 am By JD Alois  |  

The Fintech Founders Summer Survey is out and the results are a bit grim. According to the survey respondents, only 38% believe that the UK is currently the world leader in Fintech, tumbling from 56% just one year ago. The UK has long been recognized… Read More

September 20, 2022 @ 10:25 am By JD Alois  |  

Prime Trust, a longtime bulwark in the securities crowdfunding sector that has moved decisively into the digital asset industry, is exiting its Fund America business – an operation that started during the early days of crowdfunding in the US. The decision has been made due… Read More

September 18, 2022 @ 5:00 pm By Omar Faridi  |  

We recently connected with Tamas Kadar, CEO and co-founder at SEON., which aims to harness the power of AI to protect your business from fraud, get a 360° view of customers, and increase conversion rates. Kadar talked about the latest issues involving e-commerce fraud. His… Read More

September 16, 2022 @ 7:50 pm By JD Alois  |  

Senator Elizabeth Warren, a Democrat that sits on the Senate Banking Committee, is not convinced about the Biden Administration’s approach to digital assets. In a letter addressed to Janet Yellen, the Secretary of the US Department of Treasury, Senator Warren claims “cryptocurrency poses grave risks to… Read More

September 16, 2022 @ 11:41 am By JD Alois  |  

After months of behind-the-scenes discussion, the White House revealed its “Fact Sheet” on the responsible development of digital assets or crypto-assets. The Executive Order issued by the White House last March sought to outline the administration’s approach, is now being expanded to be utilized as… Read More

September 15, 2022 @ 8:31 am By JD Alois  |  

Ethereum creator Vitalik Buterin has been tweeting regularly this past week addressing the Merge where Ethereum moves from Proof of Work (PoW) to Proof of Stake (PoS). The transition is expected to extend the runway for Ethereum which is the most popular smart contract platform… Read More

September 14, 2022 @ 10:48 am By JD Alois  |  

On Monday, the US Department of Justice announced it had received a guilty plea from the “first-ever cryptocurrency insider trading case.” Originally covered this past July, the Securities and Exchange Commission (SEC) simultaneously filed insider trading charges along with the U.S. Attorney’s Office for the… Read More

September 12, 2022 @ 6:38 pm By Omar Faridi  |  

Unlike most other EVM chains, Evmos claims it has launched entirely as a community initiative without VC funding; 50% of the initial supply of tokens was distributed amongst the Cosmos and Ethereum communities. The governance set of the EVMOS token holders is “extremely active” participants,… Read More

September 12, 2022 @ 8:54 am By JD Alois  |  

Tokenization, the process of making an asset digital typically by leveraging blockchain technology, is predicted to hit $16 trillion by 2030, according to a report by ADDX and Boston Consulting Group (BCG). The report, “Relevance of on-chain asset tokenization in ‘crypto winter’” is available here…. Read More

September 11, 2022 @ 6:35 pm By JD Alois  |  

The JOBS Act of 2012, the legislation that also legalized online capital formation, included multiple regulatory updates. One, Title 1, has been a notable success as it has helped a growing number of smaller firms to go public. Title III created Regulation Crowdfunding or Reg… Read More

September 8, 2022 @ 2:12 pm By JD Alois  |  

SEC Chairman Gary Gensler continues to assert that pretty much all digital assets are securities and should be regulated as such. As part of the SEC Speaks series, Chair Gensler said that of the approximately 10,000 “tokens” he believes they are securities and the few… Read More

September 8, 2022 @ 11:43 am By JD Alois  |  

Dalmore Group is a regulated broker-dealer that is very active in the securities crowdfunding sector, helping firms raise money using Reg A+ (Regulation A), Reg CF, as well as Reg D. Dalmore not only enables funding via exempt securities offerings but it also provides secondary… Read More