Featured Headlines

Banq Files for Bankruptcy, NOT a Subsidiary of Prime Trust

Banq, a platform for the primary issuance of securities controlled by Cambria Capital, a regulated broker-dealer, has filed for bankruptcy, according to many reports. Chapter 11 Dockets distributed the news via Twitter. Crypto software company Banq filed for bankruptcy protection today in Nevada https://t.co/ckmt6V6AMl pic.twitter.com/4EmKzowj24… Read More

Germany: Bundesverband Crowdfunding Endorses New Legislation that Improves Liability Expectations for ECSPR Platforms

The Bundesverband Crowdfunding eV (German Crowdfunding Association) has endorsed the draft bill for the Future Financing Act presented by the German Government. Germany, the largest economy in  Europe, has yet to have a single securities crowdfunding platform approved under new EU rules. ECSPR, or European… Read More

DealMaker CEO Rebecca Kacaba Shares Opinion on Capital Markets, Investment Crowdfunding and Opportunity

DealMaker has emerged as a top online capital formation platform providing services to enable the primary issuance of securities across the full stack of crowdfunding exemptions. This includes Reg CF, Reg A+, and Reg D. At the same time, due to its base of operations… Read More

Nishchal Gaba: CMO at DeFiEdge Comments on Effects of Gaps in Liquidity Management, Potential Solutions

DeFi has been suffering from a silent problem for years: a liquidity management gap. The lack of these services has caused a range of issues. It leads to increased price volatility, making executing trades at fair prices challenging and resulting in potential losses for traders…. Read More

There are Now 30 ECSPR Approved Investment Crowdfunding Platforms in the EU

We last looked at the ECSPR [European Crowdfunding Service Providers Regulation] approved crowdfunding platforms in March 2023. At that time, 21 approved securities crowdfunding platforms were allowed to provide services across all European Union member states. ECSPR allows a platform to list securities from private… Read More

CFTC Claims Precedent Setting Legal Victory in Ooki DAO Litigation

The Commodities Futures Trading Commission (CFTC) is claiming a significant legal victory in the litigation of Ooki DAO. According to the CFTC, the decentralized autonomous organization has received a default judgment in which the court held that Ooki DAO is a “person” under the Commodity… Read More

Seedrs Highlights their Due Diligence Prior to Listing a Securities Offering

Early-stage investing is not for the risk-averse or the impatient. Most startups will fail, and a few will bounce along, probably never generating an outsized return for investors. But like professional investors who take a diversified approach, a single investment out of many can drive… Read More

BitGo Confirms Acquisition of Prime Trust, Signs Term Sheet to Acquire 100% of Firm

BitGo has signed a term sheet to acquire the equity of Prime Core Technologies, the parent company of Prime Trust. Both companies provide services such as custody to digital asset firms. Earlier today, rumors filtered out about a deal with BitGo being in the works… Read More

Zelle Says Not Our Fault Following Double Transfers by Chase

Last week, Chase (NYSE:JPM) experienced a significant problem as some online banking accounts saw Zelle transfers apparently sent out twice. For some smaller accounts, this led to overdrafts and a negative balance – something most consumers and businesses wants to avoid. After several hours of… Read More

Tip of the Iceberg? Big Real Estate Firm Walks Away from Two Hotels in San Francisco

It has been widely reported that a big real estate investment firm has walked away from two hotels in San Francisco. One hotel, the Hilton, was the largest in the city, with almost 2000 rooms. The other hotel, Parc 55, is home to over 1000… Read More

Crowdfunding: SeedBlink Expands into Germany, Austria and Switzerland

SeedBlink, a European securities crowdfunding provider, has expanded into the DACH countries – Germany, Austria, and Switzerland. SeedBlinke, based in Bucharest, has been announcing operations across different EU countries in recent months. SeedBlink pitches its services as a “co-investment platform,” allowing VC money to pair… Read More

The Great Digital Pound Debate, Considering A New Institution: An Interview with Danny Kruger MP

Reservations, Threats & Benefits In a recent conversation with Danny Kruger, a member of the Treasury Select Committee, we delved into the Bank of England’s Digital Pound Project and the broader implications of Central Bank Digital Currencies (CBDCs). This discussion is particularly timely, given that… Read More

Round 2: SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Shares Plunge

Following the revelation of charges filed against Binance and its founder, the Securities and Exchange Commission (SEC) has filed similar charges against Coinbase (NASDAQ:COIN) – the US’s only publicly traded crypto exchange. The charges against Coinbase include operating an unregistered securities exchange, acting a broker,… Read More

Tommy Johnson: PsyFi Co-Founder Explains Why Crypto Needs Structured Products

In the fast-paced world of cryptocurrencies, managing investments can be complex and time-consuming. However, structured products offer a solution by simplifying the investment process for individuals and providing them with opportunities to mitigate volatility and manage risks. To delve deeper into this topic, Crowdfund Insider… Read More

House Financial Services Committee and Agriculture Committee Share Draft Digital Asset Legislation, Leverages Existing Exemptions, Proposes New “Tailored Exemption”

Under the leadership of Republicans, the US House of Representatives continues to push forward on financial services policy matters that aim to support Fintch innovation. Today, the Chair of the House Financial Services Committee, Patrick McHenry, and the Chair of the Committee on Agriculture, Glenn… Read More

Zelle Fails Again: Chase Experiences Double Transfers for Some Zelle Users with Some Accounts Going Negative

Zelle, a transfers and payments service utilized by many big banks as well as hundreds of smaller ones, stumbled once again today. Some customers woke up to discover that transfers completed via their Chase (NYSE:JPM) account – may have been sent twice. The duplicate transfers… Read More

House of Representatives Pass Several Bills to Improve Access to Capital, Including Accredited Investor Definition Fix

The US House of Representatives has passed several bills designed to improve access to capital and to level the playing field for retail investors. The legislation will now move over to the Senate for consideration and, perhaps, then move to the White House to be… Read More

Real Estate Investing: DiversyFund CEO Shares Perspective on Current Commercial Real Estate Market, Multi-Family

In recent days, Elon Musk tweeted that “commercial real estate is melting down fast. Home values next,” in response to a Tweet about the rapidly declining value of office real estate in Los Angeles and San Francisco, which is selling for less than the amount… Read More

Hong Kong’s Regulatory Clarity to Boost Crypto Sector in Region

On June 1, 2023, new rules regarding digital assets go into effect, which may make Hong Kong a crypto hub. Earlier this month (May 2023), the Hong Kong Securities and Futures Commission (SFC) concluded the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators. According… Read More

Ram Ahluwalia on the Future of Banking: Big Tech Like Apple and Amazon Should Get Into the Banking Business

Recently, Ram Ahluwalia wrote an Op-Ed for American Banker that posed a somewhat controversial take on banking. Ahluwalia said outdated banking rules are denying access to Big Tech firms, like Apple and Amazon, who could enter the banking sector and bring loads of capital as… Read More

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