Featured Headlines

France: AMF Publishes Report on Rise of Retail Investors and Interest in “Neo-Brokers”

The French Autorité des Marchés Financiers (AMF) is out with a report that highlights the interest of retail investors in the financial markets. A follow on report to a prior study in April 2020, the AMF states that trading volumes in regulated financial instruments have… Read More

Mattias Tengblad: Corite Co-founder Says they’re Bringing Play to Earn Model to Music Industry

Music Tape to Tape Reel

We recently caught up with Mattias Tengblad, the Co-founder and CEO at Corite, a platform that allows artists and their fans to join forces. Via the Corite platform, people can invest in music they really love and get paid when it’s streamed on Spotify and… Read More

Solving DeFi Ecosystem Challenges: Sean Ryan, CEO of Glitch Finance, Explains how to Address Security Issues in Decentralized Protocols

The decentralized finance sector has truly achieved a lot in the past few years, but it has an exposed Achilles heel in security issues. To address this issue once and for all, we need a robust blockchain network and ecosystem built from scratch with security… Read More

Joe Biden’s Radical Selection to Head the OCC Appears to be Doomed as Multiple Democrats Will Not Support Nominee

The confirmation of Saule Omarova, President Joe Biden’s selection to head the Office of the Comptroller of the Currency (OCC) – the top bank regulator, appears to be doomed as multiple Democrat Senators have expressed to the Whitehouse they will not support the nominee. Omarova,… Read More

Brazilian Fintech TruePay Secures $32M in One of the Largest Series A Rounds in the Country

TruePay, a startup whose payment solution assists SMEs retailers with getting free and secure access to credit, has acquired $32 million in capital via a Series A round that was led by Addition. As mentioned in the announcement, this growth stage investment is one of… Read More

How OARO is Capitalizing on Blockchain in Financial Services, Supply Chains and Identity Verification

The use of digital services has many applications in the world of finance, especially when you incorporate blockchain technology, and one of the companies using these technologies to benefit business is OARO. Founded in 2017, OARO is a Canadian company with offices in Halifax, N.S.,… Read More

Circle, Owner of SeedInvest, Invests $10.5 Million in Crowdcube in Move to Expand Securities Crowdfunding

Circle, a digital asset firm that is a top stablecoin issuer and owner of investment platform SeedInvest, has invested $10.5 million in Crowdcube. The total funding round was $13.5 million. Circle’s investment in Crowdcube was made via USD Coin (USDC) – a dollar-based stablecoin. The percentage… Read More

Republic Announces Republic Local to Bring Securities Crowdfunding to Main Street Businesses

Republic, a lead investment crowdfunding platform, has announced Republic Local –  a vision of bringing securities crowdfunding to main street businesses. Republic Local is said to be an extension of NextSeed, a crowdfunding platform acquired by Republic in late 2020. At that time, Republic said… Read More

Hatu Sheikh of DAO Maker Says Blockchain Can Power the New Dawn of Venture Capital

Blockchain or distributed ledger technology (DLT) has disrupted many industries since its launch and now it could be the turn for venture capital. We recently had the chance to connect with Hatu Sheikh, a founding member at DAO Maker — a platform opening up the… Read More

SEC Files 434 new enforcements in FY21, Crypto, Dark Web, DeFi Among New Targets

A review of the Securities and Exchange Commission’s (SEC) enforcement actions in this fiscal year show a growing threat posed by cryptocurrency and decentralized finance (DeFi) scammers. The year ended Sept. 30. The SEC filed 434 new enforcement actions in FY2021, and that is a… Read More

Senate Hearing for Saule Omarova as Comptroller of the Currency Shows Challenging Path to Approval

  Saule Omarova testified in front of the Senate Banking Committee today and the challenging questions did not just come from Republican members as several Democrats queried the aspiring bank regulator with difficult queries as well. Omarova, a Cornell Law professor born in the former… Read More

Neobank N26 Terminates its Efforts in the US, Will Close Shop this January

N26 is exiting the United States. Founded in 2013 and boasting over 7 million customers, N26 is a Germany-based neobank bank that had sought to establish operations in the USA – a market that is home to thousands of small and large traditional banks as… Read More

Reserve Bank of Australia Taking Cautious Crypto Approach

While the Reserve Bank of Australia (RBA) is conducting research into various applications of cryptocurrencies and distributed ledger technologies, they are under no pressure to quickly roll out solutions to address clear needs in the marketplace, a representative said earlier today. Speaking to the Australian… Read More

A Turning Point for Digital Finance? Amazon to Stop Accepting Visa Cards in the UK

Amazon (NASDAQ:AMZN) says it will stop accepting Visa Inc (NYSE:V) credit cards in the United Kingdom beginning in 2022. According to the Guardian, Amazon users received an email this week explaining its decision to halt Visa payments beginning January 19, 2022, due to the high… Read More

Crypto.com is Everywhere. Gains Naming Rights to LA Arena Staples Center

If you have not encountered Crypto.com you are off-grid. From the ubiquitous television commercials starring Matt Damon to widespread promotions, the digital asset marketplace is everywhere. Today, crypto.com is entering a different realm by purchasing the naming rights of the Los Angeles Staples Center – soon… Read More

Binance Founder CZ Calls for Global Crypto Regulation

Zhao Changpeng

In a blog post on Binance today, founder Changpeng Zhao, or CZ, has issued a call for global crypto regulation to “help ensure the industry will continue to innovate responsibly while ensuring a healthy path forward for future growth.” Crypto is deemed as lacking sufficient… Read More

Head of Product at Composable Finance Explains How to Address Potential Vulnerabilities with Blockchain based Smart Contracts

We recently caught up with Brainjar, Head of Product at Composable Finance, which is described as a “hyper liquidity” infrastructure layer for decentralized finance (DeFi) assets that are being powered by Layer-2 Ethereum and Polkadot. Brainjar talked about issues with existing smart contracts and how… Read More

China: WeiyangX Fintech Review

People’s Bank of China Launches New Support Policy for Carbon Reduction  On November 8th, the People’s Bank of China launched a new policy tool to support efforts of carbon reduction in China. The PBC will use this monetary policy instrument to provide low-cost funding for… Read More

Ian LeWinter: President at Film.io, a Blockchain based Platform for Empowering Film Creators, Shares Latest Industry Updates

We recently connected with Ian LeWinter, an experienced producer and President at Film.io. LeWinter told us that he’s looking to challenge the existing order by providing new paths for filmmakers to build, fund, and distribute movies and TV shows. Film.io is a blockchain or distributed… Read More

Policy Expert Comments on Removal of IRA Clause from Social Spending Bill that May Have Impacted Securities Crowdfunding

Last week, CI reported that a damaging clause included in pending legislation had been pulled from the language of the bill. The portion of the legislation was ostensibly designed to halt IRA investors (investment retirement accounts) from holding private securities in these tax-sheltered, retirement vehicles…. Read More

Send this to a friend