Featured Headlines

December 18, 2021 @ 3:30 pm By Omar Faridi  |  

We recently caught up with Roxana Mohammadian-Molina, Chief Strategy Officer at UK’s Blend Network, a specialist development finance lender. Blend Network‘s Roxana Mohammadian-Molina talked about some of the landmark projects that they’ve helped out this year. She also commented on what her team is doing… Read More

December 16, 2021 @ 6:08 pm By JD Alois  |  

Following the House Financial Services Committee hearing on cryptocurrency last week, the Senate Banking Committee held a related hearing to discuss the stablecoin market. Entitled Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?, the Senate Banking Committee had a single… Read More

December 15, 2021 @ 8:36 am By JD Alois  |  

Last week, there was a hearing at Parliament that tackled some of the challenges to growing the Fintech ecosystem in the UK – a strategic sector of great importance for the country. The UK has long been a top Fintech global hub. Brexit, policy inertia,… Read More

December 15, 2021 @ 7:25 am By JD Alois  |  

Anchorage, the first federally chartered digital asset bank, has announced a Series D funding round of $350 million. The round was led by KKR with participation from a long list of well-known investors including Goldman Sachs, Alameda Research, Andreessen Horowitz, Apollo credit funds, Blockchain Capital,… Read More

December 13, 2021 @ 8:16 pm By JD Alois  |  

SEC Commissioners Hester Peirce and Elad Roisman have once again voiced their concern regarding SEC Chairman Gary Gensler’s regulator agenda – a list that was recently updated. Last summer, Gensler published his regulatory agenda and now an update is available. When Gensler posted his initial… Read More

December 13, 2021 @ 9:37 am By JD Alois  |  

Binance has shut down its Singapore-facing crypto exchange. The news follows a series of events that have eventually led to Binance exiting the top Asian Fintech market with a wholly owned trading platform. Binance Singapore was originally granted an exemption from holding a license under… Read More

December 10, 2021 @ 5:11 pm By JD Alois  |  

Meta, formerly known as Facebook (NASDAQ:FB), has enabled its digital wallet Novi to transfer funds using Paxos’ dollar-based stablecoin USDP via WhatsApp – another Meta company. Paxos is a top digital asset platform in the US that has pursued a compliance-first approach to providing crypto… Read More

December 9, 2021 @ 7:47 am By Omar Faridi  |  

After introducing its 100% mobile trading solution two weeks ago, Lydia has announced that it secured $100 million in capital. Lydia‘s investment round is led by existing investors (Accel, Founders Future and Tencent), who are taking the opportunity to “renew their confidence in the company’s… Read More

December 8, 2021 @ 10:07 pm By JD Alois  |  

Earlier today (December 8, 2021), the House Financial Services Committee held a hearing on digital assets. As was previously reported, the witnesses included top crypto executives and thus provided the opportunity for a unique discussion between House members and crypto entrepreneurs. Chairwoman of the Committee,… Read More

December 7, 2021 @ 5:57 pm By JD Alois  |  

President Joe Biden has withdrawn the nomination of Saule Omarova to become the Comptroller of the Currency, according to a statement by the Whitehouse. The Office of the Comptroller of the Currency is an independent bureau under the US Department of Treasury and the lead… Read More

December 7, 2021 @ 10:58 am By JD Alois  |  

Locket, an Insurtech raising capital on Seedrs, says it hit its funding goal in just 10 minutes last Friday. The initial offering sought £750,000 in a convertible security that holds a 15% discount to a future priced round. The investment is EIS eligible and holds… Read More

December 6, 2021 @ 3:04 pm By Omar Faridi  |  

We recently caught up with James Bayly, the Head Of Business Development at SubQuery & OnFinality. Bayly explained that SubQuery serves as a decentralized data aggregation, indexing, and querying layer between L-1 chains and dApps. He confirmed that his team is focused on Polkadot (DOT)… Read More

December 6, 2021 @ 10:29 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a statement last week announcing rule changes designed to boost share listings on UK exchanges. At the beginning of 2021, the Kalifa Review of Fintech was published providing a roadmap for the UK to maintain and improve the… Read More

December 6, 2021 @ 8:55 am By JD Alois  |  

Bitmart, a crypto exchange that touts itself as “the most trusted cryptocurrency trading platform,” has lost $150 million in assets, according to a tweet by Bitmart CEO Sheldon Xia. Other reports have placed the value far higher at around $200 million. Bitmart operates in just… Read More

December 5, 2021 @ 1:22 pm By Xu Gao  |  

The Ministry of Industry and Information Technology Issues the “14th Five-Year Plan for Big Data industry development” On November 30th, the Ministry of Industry and Information Technology released the “14th Five-Year Plan for the Development of Big Data Industry” (hereinafter referred to as the Plan)…. Read More

December 2, 2021 @ 11:59 am By JD Alois  |  

During the opening comments at the Securities and Exchange Commission’s meeting of the Investor Advisory Committee, SEC Chair Gary Gensler once again rang the warning bell on the need for greater oversight of the fast-growing digital asset/crypto sector. Gensler stated in prepared remarks: “… with… Read More

December 2, 2021 @ 9:50 am By JD Alois  |  

Square (NYSE:SQ) is now Block. The name change and rebranding were announced yesterday in a statement that highlighted Square’s ongoing transition from payments to multi-faceted Fintech. Square/Block was founded by Jack Dorsey, the founder of Twitter who just recently exited his CEO role at the… Read More

December 1, 2021 @ 2:44 pm By JD Alois  |  

The House Financial Services Committee has announced the list of witnesses scheduled to testify at a hearing entitled “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.”  The witnesses include many of the biggest names… Read More

December 1, 2021 @ 8:42 am By JD Alois  |  

Republic, a leading US-based securities crowdfunding platform, has acquired Seedrs – a top UK-based investment crowdfunding platform that operates across Europe. The deal brings together two of the most effective investment platforms in the online capital formation sector. Republic is a full-stack crowdfunding platform offering… Read More

November 30, 2021 @ 11:31 am By JD Alois  |  

Earlier this month, the European Crowdfunding Service Providers Regulation (ECSPR) went into effect across the entire European Union. A dramatic step forward in removing internal borders in regards to capital formation, and part of the overall Fintech Action plan, the regulation allows firms in need… Read More