Featured Headlines

April 20, 2019 @ 5:16 pm By JD Alois  |  

Robinhood, a Fintech brokerage firm that combines traditional securities with digital assets in a single app, has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC), according to a report by the San Francisco Business Times. Last December,… Read More

April 20, 2019 @ 3:00 pm By Xu Gao  |  

PBC to launch the second-generation credit rating system The People’s Bank of China (PBC) is going to launch the second-generation credit rating system from May 2019. PBC will start using the new system for inquiry purpose, with the two systems running concurrently. After data uploaded… Read More

April 19, 2019 @ 1:22 pm By JD Alois  |  

The Cambridge Centre for  Alternative Finance (CCAF), with the support of the Nomura Research Institute (NRI), has just published a new study entitled the Global Cryptoasset Regulatory Landscape Study. The report is a detailed analysis of the regulatory environment in multiple jurisdictions from around the… Read More

April 19, 2019 @ 11:52 am By JD Alois  |  

Mining is a vital part of the cryptocurrency industry today. While some industry followers believe that crypto mining will go away in the not so distant future, it remains an active pursuit for individuals and companies to mint digital money using racks of computers. In… Read More

April 18, 2019 @ 9:34 pm By Alex McDougall  |  

The tech world is abuzz with tangible, albeit unofficial, news that Facebook could be diving into crypto and launching a coin or token. Conventional thinking says that they will use their coin to add crypto asset-based transfers to messaging apps to enable users to instantly… Read More

April 17, 2019 @ 10:35 pm By JD Alois  |  

It is not just disruptive startups that are looking to create value in the digital asset sector. More traditional firms are taking the plunge, dedicating capital and investing in the future of finance. In the secondary market and primary issuance sector, there are numerous young… Read More

April 16, 2019 @ 10:57 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its 4th annual European Alternative Finance report. The publication, entitled “Shifting Paradigms” – completed in partnership with the University of Agder in Norway, tracks the growth of alternative finance across Europe including the UK. According to… Read More

April 15, 2019 @ 4:29 pm By JD Alois  |  

The London Stock Exchange (LSE) has collaborated on the first securities based on blockchain technology. The LSE is one of the largest regulated exchanges in the world and the second largest by volume operating in Europe (Euronext is first). A report in the Telegraph said… Read More

April 15, 2019 @ 2:08 pm By JD Alois  |  

NextSeed, a FINRA regulated funding portal issuing securities under Reg CF, has become a broker-dealer. In an email distributed to its community, NextSeed announced the change in strategy for its investment crowdfunding platform. The announcement was joined by a site re-design and the addition of… Read More

April 15, 2019 @ 8:24 am By JD Alois  |  

Online investment platform Republic revealed last week that Note, a security token which may be issued under the Reg A+ exemption, has already granted 1.8 Note tokens.  The Note tokens concept was first revealed in March when it was reported that Republic had acquired RenGen… Read More

April 14, 2019 @ 9:23 am By JD Alois  |  

Harvard University, via their endowment fund, is backing Blockstack’s security token offering. Digging into the Reg A+ Offering Circular filed with the SEC last week, Blockstack highlighted the relationship with Harvard Management Company: “In connection with the sale to the QP Fund, we have formed… Read More

April 13, 2019 @ 4:00 pm By Xu Gao  |  

China Implements First National Standard for Insurance Sector On April 11th, China has implemented its first national standard for the insurance industry. The national standard incorporates 817 entries of professional terms, serving as a fundamental standard for various terms in the insurance sector, according to… Read More

April 12, 2019 @ 3:57 pm By JD Alois  |  

Online lender Avant is said to be in “late-stage discussions” concerning the approval of an Office of Comptroller of the Currency (OCC) Fintech charter. The news was apparently revealed on Politico Pro. Big scoop by @vtg2 on @Avant_US in late stage discussions re: @USOCC #FinTech… Read More

April 11, 2019 @ 10:02 pm By JD Alois  |  

The Australian Securities & Investment Commission (ASIC) has published several reports touting the progress of Fintech in Australia. ASIC said that recent surveys show an increase in demand – aided in part by ASIC’s Innovation Hub. Australia may be a smaller market but it has… Read More

April 11, 2019 @ 10:30 am By JD Alois  |  

Blockstack is the most recent blockchain based company to file for a Reg A+ securities offering to issue a security token. An offering circular filed with the Securities and Exchange Commission (SEC) explains in explicit detail the objective of the Blockstack tokens to be issued… Read More

April 10, 2019 @ 5:21 pm By JD Alois  |  

As the heady days of initial coin offerings continue to dim, proponents of digital securities are moving to leverage blockchain to issue digital assets in a regulated and compliant manner. In the US, if you issue a tokenized offering it is pretty much a security… Read More

April 10, 2019 @ 12:30 pm By JD Alois  |  

In less than one week, Republic, a crypto issuance and investment crowdfunding platform, has reportedly distributed over 1.8 million Note digital tokens. Note tokens were first revealed in March when it was revealed that Republic had acquired RenGen Labs (previously dba as SaftLaunch), Republic’s Note… Read More

April 10, 2019 @ 10:40 am By JD Alois  |  

Welab Digital Limited (WDL) has been approved by the Hong Kong Monetary Authority (HKMA) to receive a virtual banking license. This is the 4th license for a virtual bank which is now approved to operate in Hong Kong since a consultation on digital banking took… Read More

April 9, 2019 @ 3:51 pm By JD Alois  |  

The House of Representatives has introduced the Token Taxonomy Act of 2019 (H.R. 2144) legislation – a bill that is designed to enable a digital asset that is a utility token unregulated by the Securities and Exchange Commission (SEC). The bill states: “… to exclude… Read More

April 9, 2019 @ 8:19 am By JD Alois  |  

OurCrowd portfolio company, Hong Kong-based Klook, has raised $425 million in funding in a Series D round led by Softbank Vision Fund. Klook is a travel activity and services booking platform. Klook said it raised $225 million in Series D+ funding increasing the company’s total… Read More