Featured Headlines

June 8, 2022 @ 8:18 am By JD Alois  |  

While most of the news was swirling around Apple’s (NASDAQ:AAPL) new buy now – pay later (BNPL) product that allows its users to pay in four equal payments over 6 weeks, digital bank Zopa has announced its spin on BNPL with a focus on big-ticket items. The… Read More

June 7, 2022 @ 11:49 am By JD Alois  |  

Senator Kirsten Gillibrand and Senator Cynthia Lummis have officially revealed legislation aiming to create a regulatory framework for the burgeoning digital asset industry. The two Senators have worked for many months on the language of the bill. The legislation has long been rumored with a… Read More

June 6, 2022 @ 11:13 am By JD Alois  |  

    “We still believe The Merge will not happen.” Dr. Martin Hiesboeck, Head of Blockchain and Crypto Research at Uphold – a trading platform, has issued a statement slamming Ethereum while hammering creator Vitalik Buterin for his erratic and emotional Tweets. Hiesboeck is of the… Read More

June 2, 2022 @ 3:39 pm By JD Alois  |  

It was reported earlier that the US Department of Justice had announced its first arrest and pending case against an individual that utilized insider information to trade digital assets. A former OpenSea manager has been charged with leveraging his position and insider knowledge at the… Read More

June 2, 2022 @ 2:34 pm By JD Alois  |  

Gemini Trust Company is the target of an enforcement action filed by the Commodity Futures Trading Commission (CFTC). The complaint was filed in the U.S. District Court for the Southern District of New York against Gemini for making false or misleading statements of material facts… Read More

June 1, 2022 @ 10:00 pm By Omar Faridi  |  

We recently connected with Craig Blitz, Chief Product Officer at Digital Asset, which is building the platform, developer tools, and leveraging the best modern infrastructure providers “to change how businesses interact.” Digital Asset (the company) is the creator of the Daml multi-party application platform. Our… Read More

May 31, 2022 @ 5:56 pm By JD Alois  |  

“To provide for responsible financial innovation and to bring digital assets fully within the regulatory perimeter.” The long-anticipated legislation crypto regulation proposal emanating from US Senator Cynthia Lummis has now been posted online. First revealed by the Block, the draft legislation aims at clarifying the… Read More

May 31, 2022 @ 11:00 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced the launch of Project Guardian, an effort to reveal the value created in leveraging asset tokenization. Singapore has long been a top Asian Fintech hub and there are multiple Fintechs in the digital asset sector based in… Read More

May 31, 2022 @ 9:17 am By JD Alois  |  

October, a top online lending platform based in France but offering credit around Europe, has acquired marketplace competitor Credit.fr, according to a company statement. Credit.fr was itself acquired by Tikehau Capital in 2017 for €12 million.  The terms of the deal were not disclosed but… Read More

May 29, 2022 @ 8:00 pm By JD Alois  |  

Latin America and the Caribbean has emerged as a red hot region for Fintech development. A portion of the world long dominated by incumbent banks and other established service providers, Fintech has emerged as a fast track path to provide traditional and highly sophisticated services… Read More

May 27, 2022 @ 6:33 pm By JD Alois  |  

Reg A+ is one of three exemptions created under the JOBS Act of 2012 that legalized online capital formation or securities crowdfunding. Reg CF (Regulation Crowdfunding) initially allowed issuers to raise just $1.07 million (now $5 million), while Reg A+ allowed firms to raise up… Read More

May 26, 2022 @ 7:34 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement criticizing the legislation that is making its way through the Senate that takes aim at big tech. Led by Senator Amy Klobuchar, the bill entitled the “American Innovation and Choice Online Act” appears… Read More

May 24, 2022 @ 8:43 am By JD Alois  |  

Contagion is a scary term. Systemic risk is its friendlier sibling but both raise eyebrows. Today, the European Central Bank (ECB) is bringing attention to the possibility of crypto contagion as interest grows in digital assets and recent events highlight the ability for a rapid… Read More

May 23, 2022 @ 1:00 pm By JD Alois  |  

  Earlier this month, Crowdfund Insider held a webinar to discuss the trading of private securities. Crowdfunded securities fall in this category because any security issued online via a platform or directly must be an exempt offering. This means securities issued under Reg CF, Reg… Read More

May 22, 2022 @ 2:05 pm By JD Alois  |  

European Central Bank (ECB) President Christine Lagarde hammered cryptocurrencies this past week during an interview with a Dutch broadcaster according to a report in Bloomberg. Lagarde, an EU official who has long expressed her interest in digital assets, is quoted stating: “My very humble assessment… Read More

May 21, 2022 @ 3:32 am By JD Alois  |  

The Bundesverband Crowdfunding e.V. (the German Crowdfunding Association) and Financement Participatif France (the French Crowdfunding Association) have issued a statement reaffirming their desire that the transition period for European Crowdfunding Service Provider Regulation (ECSPR) be extended.  The announcement follows a statement by the European Securities… Read More

May 20, 2022 @ 2:07 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has posted a statement encouraging crowdfunding providers to speed things up in migrating to the new pan-European rules. At the end of 2021, the European Union approved a new regulatory regime that enables issuers to raise capital online… Read More

May 19, 2022 @ 10:33 am By JD Alois  |  

The venture community is getting gloomy, chattering about deal volume, down rounds, and a dismal economy. From war in Ukraine, too much government spending, and rocketing inflation chased by the US Federal Reserve raising interest rates, things look bad. It does not help that markets… Read More

May 19, 2022 @ 10:00 am By JD Alois  |  

As TerraUSD (UST), an algorithmic stablecoin imploded going to zero, reserve-based stablecoins rushed to stem the tide of concerns about contagion. Tether (USDT), the largest stablecoin in the market, has been hit with collateral damage due to the failure of UST. At the beginning of… Read More

May 18, 2022 @ 12:03 pm By JD Alois  |  

SEC Chairman Gary Gensler testified in front of the Subcommittee on Financial Services and General Government, part of the House Appropriations Committee, to justify the agency’s budget request. As part of the questioning from various members, Gensler answered several questions which were crypto-related. Chairman Gensler… Read More