Featured Headlines

July 18, 2019 @ 2:56 pm By JD Alois  |  

Goldman Sachs (NYSE:GS) issued its Q2 earnings report this past Tuesday (July 16). Goldman’s shares moved higher following the release after beating expectations on both the top and bottom lines. Goldman also announced an increase in the capital return program including an increase in the… Read More

July 17, 2019 @ 9:54 am By JD Alois  |  

Varo Money has been in operations for years now providing banking services in a digital only environment to a growing number of consumers. Like all other US-based aspiring digital banks, Varo has had to leverage regulatory arbitrage to provide its services by partnering with another… Read More

July 17, 2019 @ 7:51 am By JD Alois  |  

France will soon reveal its first round of regulatory-compliant initial coin offerings (ICOs) according to a report. The ICOs come following a months-long discussion and conclusion of bespoke legislation to allow for digital assets to be issued and traded which are not deemed to be… Read More

July 16, 2019 @ 2:10 pm By JD Alois  |  

The Senate Banking Committee held a hearing today where David Marcus, Head of Facebook’s cryptocurrency project Libra, took the stand to explain and defend the company’s intent for their payments and blockchain ecosystem. While some US Senators are keen on supporting Fintech innovation in the… Read More

July 15, 2019 @ 3:50 pm By JD Alois  |  

Securities crowdfunding has been touted as the future of capital formation on this site and the pages of many other newspapers. The traditional venture capital industry has effectively fueled innovative young firms for decades but, too frequently, smaller investors are being cut out of the… Read More

July 14, 2019 @ 3:00 pm By Will McDonough  |  

While Facebook has stolen the show with news of Libra and its cadre of notable brand partners, the community also values the many other household brands that have pioneered with blockchain. Just a few short years ago, distributed-ledger technology was the domain of a small… Read More

July 13, 2019 @ 2:32 pm By Xu Gao  |  

China’s State Council Approves the Research and Development of CBDC At the launching ceremony and the first academic seminar of the Digital Finance Open Research Project held on July 8th, Wang Xin, director of the Research Bureau of the People’s Bank of China, revealed that… Read More

July 12, 2019 @ 8:51 am By Nikolas Kairinos  |  

While artificial intelligence (AI) might sound like something out of science fiction movies or a Philip K. Dick Novel, it’s fast becoming a key feature of many of America’s biggest and most dynamic industries. The financial services industry, where small margins can mean millions of… Read More

July 10, 2019 @ 7:32 pm By JD Alois  |  

Blockstack has become the first token issuer to have a Reg A+ offering qualified by the Securities and Exchange Commission (SEC). The event may break open a longstanding logjam of digital asset filings which have been in limbo at the SEC. In a blog post,… Read More

July 10, 2019 @ 10:10 am By JD Alois  |  

OTC Markets Group trades over 10,000 US and global securities. The company, a regulated alternative trading system (ATS), operates three tiers of trading platforms with each marketplace (OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market). OTC Markets largely targets smaller companies… Read More

July 9, 2019 @ 10:31 am By Christin Friedrich  |  

This is a report from the 4th CrowdCamp of the European Crowdfunding Network (ECN) which took place on 13 June 2019 in Berlin. Berlin – The rooms of Sirius Minds at the 4th CrowdCamp of the European Crowdfunding Network (ECN) were occupied to the last seat…. Read More

July 9, 2019 @ 8:20 am By JD Alois  |  

Lemonade, a fast-growing Insurtech focusing on homeowners and renters insurance, has raised $175 million according to a Form D filed with the Securities and Exchange Commission (SEC). The document indicates that Lemonade is seeking up to $300 million in equity capital. As it stands today,… Read More

July 9, 2019 @ 7:48 am By JD Alois  |  

Bitbond’s security token offering (STO) closed yesterday raising over €2.1 million. The Bitbond Token was the first issuer to receive approval of a prospectus by Germany’s security regulator – BaFin. The STO was opened to the public in March of 2019. Bitbond has been regulated… Read More

July 8, 2019 @ 11:39 am By JD Alois  |  

In a paper entitled “Fintech: the Experience So Far,” the International Monetary Fund (IMF) stated that, while there are regional differences, “countries were broadly embracing the opportunities of Fintech to boost economic growth and inclusion.” The pursuit of Fintech innovation is being balanced with the… Read More

July 7, 2019 @ 7:00 pm By JD Alois  |  

Reg CF (Regulation Crowdfunding) is a unique securities rule that allows companies to raise up to $1.07 million from both accredited or non-accredited investors. Created by the JOBS Act of 2012, Reg CF is the smallest of the three online capital formation exemptions. Reg D… Read More

July 6, 2019 @ 5:05 pm By Xu Gao  |  

Min Zhu: Libra is not Alipay. Its core concept is currency. On July 1st, the 13th Annual Meeting of the New Champions (also known as the Summer Davos Forum) in Dalian, China. Min Zhu, Chair of Tsinghua National Institute of Finance Research and former vice… Read More

July 5, 2019 @ 4:27 pm By JD Alois  |  

Cambridge Bitcoin Electricity Consumption Index Updates Every 30 Seconds: BTC Uses Less Energy than the Czech Republic but More than Switzerland Each Year. Last week during the Cambridge Centre for Alternative Finance annual conference, the prominent research group unveiled a unique tracking platform that monitors… Read More

July 4, 2019 @ 6:59 am By JD Alois  |  

Facebook’s public announcement regarding the forthcoming launch of the Libra cryptocurrency along with a smart contract ecosystem has engendered a good amount of commentary both positive and negative. Public officials are still trying to get their arms around what Libra means for fiat currencies and… Read More

July 2, 2019 @ 2:52 pm By JD Alois  |  

In a speech presented today by Christopher Woolard, Executive Director of Strategy and Competition at the UK Financial Conduct Authority (FCA), the regulator addressed the hot topic of “stablecoins.” The speech was delivered at the annual Cambridge Centre for Alternative Finance conference which saw regulators… Read More

July 1, 2019 @ 3:14 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) will issue five new “digital bank licenses” according to the financial regulator. MAS said this was in addition to any existing Singapore banks which may also offer digital banking under existing rules. MAS said the new rules extend digital… Read More