Featured Headlines

May 29, 2024 @ 9:23 am By JD Alois  |  

While everyone knows that digital securities are the future, the path to shift from the analog past to the digital asset future has been a circuitous path. Today, DTCC, Euroclear, and Clearstreem have announced they are working with the Boston Consulting Group to produce a… Read More

May 24, 2024 @ 12:42 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is poised to green-light Ethereum (Ether) ETFs after years of pushback. As of this writing, it was not clear as to when these products would commence trading. Earlier this year, the SEC approved spot Bitcoin ETFs for trading after… Read More

May 24, 2024 @ 10:48 am By JD Alois  |  

HNW Lending says it has surpassed £140 million in online lending. As the name implies, HNW means high net worth individuals. Regulated by the UK Financial Conduct Authority, HNW Lending is a peer-to-peer lending platform that enables asset-backed loans for UK-based individuals and businesses, with… Read More

May 24, 2024 @ 10:15 am By JD Alois  |  

Stand with Crypto, an advocacy group that supports appropriate regulation of the digital asset sector, has set up shop in the UK. While the UK is moving forward with bespoke regulation, it has been more challenging in the US. The US House of Representatives recently… Read More

May 23, 2024 @ 2:26 pm By JD Alois  |  

The US House of Representatives has approved legislation aimed at deterring the use of a central bank digital currency, or CBDC. The CBDC Anti-Surveillance State Act (HR 5403) vote was 216 for and 192 against.  22 members did not vote. While all of the Republicans… Read More

May 23, 2024 @ 10:44 am By JD Alois  |  

Yesterday, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule impacting buy now pay later (BNPL) providers. BNPL providers have emerged as a popular alternative to credit cards, as their interest rates are typically lower than credit cards. At the same time, many platforms… Read More

May 22, 2024 @ 7:09 pm By JD Alois  |  

After an impassioned debate by multiple Democrats criticizing the legislation, the Financial Innovation and Technology for the 21st Century Act (FIT21), HR 4763, has been approved by the US House of Representatives. The final vote showed solid support as 208 Republicans were joined by 71… Read More

May 21, 2024 @ 7:05 pm By JD Alois  |  

Synapse, a Banking as a Service (BaaS) provider labeled in 2023 as one of the World’s Best Fintech Companies by CNBC, is in the throes of bankruptcy. In just a few short months, things have changed dramatically at Synapse it seems. It has been reported… Read More

May 20, 2024 @ 10:28 am By Omar Faridi  |  

Credit cards have been a cornerstone of consumer payment methods for decades now, and the demand for consumer cards is only increasing. In fact, 43% of Gen Z and millennial consumers are increasing their spending on credit cards, suggesting that the market is both lucrative… Read More

May 17, 2024 @ 10:01 am By Omar Faridi  |  

We spoke to co-founder of PayFuture Technologies Dubai, Zaki Farooq on why businesses should overcome their reluctance to enter emerging markets to tap into a world of opportunity. Emerging markets are one of the fastest developing sectors of the global economy and many new businesses are establishing… Read More

May 16, 2024 @ 2:34 pm By JD Alois  |  

Following approval in the House earlier this month, the US Senate has voted on and approved HJ Res. 109, which overturns the SEC’s Staff Accounting Bulletin (SAB) 121 under the Congressional Review Act (CRA). When the House approved the resolution. Chairman of the House Financial… Read More

May 15, 2024 @ 7:07 pm By JD Alois  |  

A report shared at the most recent meeting of the SEC’s Small Business Capital Formation Access Committee (SBCFAC) on women and minority-owned businesses participating in Reg CF (Regulation Crowdfunding) provides an update on exits for firms utilizing the securities exemption. Authored by Melody Change, PhD,… Read More

May 15, 2024 @ 4:17 pm By Omar Faridi  |  

Sally Meouche-Ghrawi, Executive Board Member of eSync Network, recently shared her views and insights regarding the importance of RWA (real-world assets) tokenization and the rise of blockchain technology. Sally Meouche discusses the potential benefits of leveraging distributed ledger technology (DLT) to streamline key processes. Our… Read More

May 14, 2024 @ 10:34 am By Omar Faridi  |  

According to the UK’s Financial Conduct Authority (FCA), 24% of UK adults have expressed low confidence in handling their money, and 38% admitted to having low knowledge of financial matters. But as the cost-of-living crisis rumbles on, with precious little relief offered by the Government’s… Read More

May 14, 2024 @ 9:25 am By JD Alois  |  

Invesdor, one of the oldest securities crowdfunding platforms in Europe, says it has funded the largest sustainability securities online offering in Europe. According to the platform, the Fryslân wind farm in the Netherlands raised €6 million in just one day. The securities offering went on… Read More

May 13, 2024 @ 6:53 pm By JD Alois  |  

Securities crowdfunding platform SeedBlink is touting its ESOP, or Employee Share Ownership Plans, tool as generating “spectacular effects.” According to the company, over 2500 firms in Europe are using the tool. Radu Georgescu, chairman of the Board of SeedBlink, says ESOPs provide an opportunity for employees… Read More

May 10, 2024 @ 5:47 pm By JD Alois  |  

The Financial Innovation and Technology for the 21st Century (FIT21) Act is taking another step forward in a process to provide new rules to oversee the emerging digital asset ecosystem. The House Rules Committee has agreed to a floor vote, which is expected to take place… Read More

May 10, 2024 @ 9:17 am By JD Alois  |  

Call it fate or luck, but most FTX customers and creditors will receive their money back after the firm filed for bankruptcy protection. FTX, under the management of liquidators, said that 98% of FTX creditors would receive at least 118% of allowed claims. Other creditors… Read More

May 9, 2024 @ 9:44 am By JD Alois  |  

European crowdfunding leaders will meet this month to discuss the implementation of European Crowdfunding Service Provider regulation (ECSPR) and the Key Investment Information Sheet (KIIS) – a requirement for issuers raising money under the rules. The European Working Group will be meeting for the 2nd… Read More

May 9, 2024 @ 9:15 am By Omar Faridi  |  

As Wisconsin becomes the latest state to regulate Earned Wage Access (EWA) services, we connected with Nico Simko, founder and CEO of on-demand pay app Clair, to discuss the ever-changing EWA landscape, the impact of local state government’s efforts to protect consumers, and more. Nico… Read More