Featured Headlines

May 23, 2023 @ 3:32 pm By JD Alois  |  

The International Organization of Securities Commission (IOSCO) has published a paper making policy recommendations on dealing with digital assets or crypto. The consultation incorporates 18 different recommendations that IOSCO states it will finalize during the last quarter of this year. IOSCO published a digital asset… Read More

May 22, 2023 @ 10:41 am By Martin Rauchenwald and Philippe De Backer  |  

The fall of Silicon Valley Bank (SVB), the emergency merger of Credit Suisse with UBS, and most recently, the seizure and sale of First Republic Bank quickly dissipated much of the trust that had been slowly returning to the banking sector. The question remains: if… Read More

May 22, 2023 @ 9:12 am By JD Alois  |  

Dalmore Group, a broker-dealer that has emerged as a top provider of securities crowdfunding services, has become a leading platform enabling fractionalized assets. Fractionalization may be most frequently associated with broker platforms that allow investors to purchase a fraction of high-priced shares to make it… Read More

May 18, 2023 @ 7:23 am By JD Alois  |  

Digital asset industry participants are pushing back against the Parliament Treasury Committee’s report on crypto that declared the asset class should be treated like gambling. The statement was predicated on the opinion that many cryptocurrencies hold no intrinsic value – except for speculation. The Chair… Read More

May 16, 2023 @ 10:31 pm By JD Alois  |  

A UK Parliament Treasury Committee is calling for crypto to be regulated like gambling. This is due to significant risks to consumers as well as the heightened volatility of digital assets. Currently, around 10% of the UK population holds crypto. The Committee, which includes members… Read More

May 16, 2023 @ 10:07 am By JD Alois  |  

While the Jobs Act of 2012 was signed into law that year, towards the end of the Obama Administration, it took a few more years to complete the rules. The Securities and Exchange Commission eventually completed “Title III” of the JOBS Act, and Reg CF… Read More

May 16, 2023 @ 9:28 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against ten firms that raised money using the Reg A+ (Regulation A) securities exemptions. Each firm has agreed to pay a civil penalty ranging from $5000 to $90,000. Under the JOBS Act of 2012, Regulation A… Read More

May 15, 2023 @ 9:54 pm By JD Alois  |  

Last week a hearing took place that joined the House Subcommittee on Digital Assets, Financial Technology & Inclusion with the House Agriculture Committee’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development entitled “The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset… Read More

May 15, 2023 @ 12:10 pm By JD Alois  |  

Last week, EY Canada posted a status report on Quadriga – a Canada-based crypto exchange that fell into chaos after the founder died, leaving keys to accounts missing and many questions. It was eventually determined that over CAD $300 million in assets were claimed by… Read More

May 12, 2023 @ 5:11 pm By JD Alois  |  

Earlier this week, during its earnings call, OTC Markets (OTC:OTCM) revealed that on May 5th, it had received FINRA approval to provide services for digital assets which are securities. In the May 9th earnings report, R. Cromwell Coulson, President and CEO of OTC Markets, stated:… Read More

May 12, 2023 @ 10:25 am By JD Alois  |  

Seedrs has been a bit quieter following its acquisition by Republic but in recent days, the company has posted a comment on platform activity without providing and metrics. Published by Seedrs CEO and Republic EVP Jeff Kelisky, he noted the challenging economic environment that is… Read More

May 11, 2023 @ 7:32 pm By JD Alois  |  

The Federal Deposit Insurance Corporation (FDIC) Board of Directors met today and announced a proposal aimed at addressing recent shortcomings in the regulatory approach regarding the litany of failed banks. The FDIC rules would assess a fee on large banks to generate revenue to cover… Read More

May 11, 2023 @ 7:54 am By JD Alois  |  

The Republic of Estonia has revealed that 100 active firms are providing digital asset services under new rules designed to incorporate stricter AML/KYC requirements. At the same time, the new rules have invalidated 389 crypto firms which were previously authorized but no longer meet the… Read More

May 10, 2023 @ 6:13 am By JD Alois  |  

Estateguru has been approved to operate under European Crowdfunding Service Providers Regulation or ECSPR. Under the new EU legislation, a platform may sell securities online across all EU member states. Issuers may raise up to €5 million. Estateguru was approved by the Estonian Financial Supervision… Read More

May 8, 2023 @ 5:57 pm By JD Alois  |  

Over 150,000 spectators watched Mage, a 3-year-old colt, win the run for the roses at the 2023 Kentucky Derby this past weekend. Mage held 15 to 1 odds in the tight two-minute race. Perhaps watching the race but not in the stands were 4oo investors… Read More

May 8, 2023 @ 12:25 pm By JD Alois  |  

SeedBlink, a newer online investment platform based in Bucharest but with global aspirations, has announced a strategic partnership with Italy-based Doorway – another securities crowdfunding platform. Doorway is a venture capital platform in Italy, enabling direct investment in the asset class by private and corporate… Read More

May 6, 2023 @ 1:46 pm By Omar Faridi  |  

VentureWave, an Irish-based venture private equity group committed to impact investing and supporting high-impact entrepreneurs, and Funderbeam, an online investing and trading platform that serves individual investors, have agreed “to enter into a transaction to create a leading global entity which will serve institutional and… Read More

May 5, 2023 @ 7:44 pm By JD Alois  |  

Republic has submitted a comment letter to the Securities and Exchange Commission (SEC) regarding the proposed rulemaking on Safeguarding Advisory Client Assets. Republic is one of the largest securities crowdfunding platforms in the US, providing access to capital via the full stack of private exemptions…. Read More

May 5, 2023 @ 10:15 am By JD Alois  |  

Video: Key Questions for a Securities Crowdfunding Round. If you are raising money in a securities crowdfunding offering, you have multiple options as to how you pursue a funding round. First, you choose a securities exemption; Reg CF, Reg A+, or Reg D 506c. Reg… Read More

May 3, 2023 @ 10:00 pm By Omar Faridi  |  

Video is a popular and engaging form of media that creators leverage to connect with their communities and share content across platforms. And as such, it has played a crucial role in the development of the online creator economy. However, there have been some limitations… Read More