Featured Headlines

October 6, 2021 @ 9:03 pm By JD Alois  |  

Yesterday, SEC Chairman Gary Gensler testified in front of the House Committee on Financial Services sharing his perspective on the goals of the SEC and why it needs more money to fulfill its mission. As anticipated, much of the testimony swirled around digital assets and… Read More

October 5, 2021 @ 7:48 pm By JD Alois  |  

California Governor Gavin Newsom has signed the California Banking Act into law. The legislation establishes the BankCal Program (BankCal) to provide Californians with zero-fee and zero-penalty transaction accounts and debit card services. HISTORIC! Today Governor @GavinNewsom signed #AB1177, the California Public Banking Option Act, which… Read More

October 4, 2021 @ 9:37 am By JD Alois  |  

The US Federal Reserve is poised to publish a report on the possibility of a central bank digital currency or CBDC. The concept has been bandied about by central bankers for several years now as policymakers seek to assess the benefits, and potential pitfalls, of… Read More

October 3, 2021 @ 6:13 pm By Omar Faridi  |  

We recently caught up with Heikki Vänttinen, Co-founder at API3,  a collaborative initiative focused on delivering traditional API services to smart contract platforms in a decentralized and “trust-minimized” manner. It’s governed by a decentralized autonomous organization (DAO), and its code is open-source and its operations… Read More

September 30, 2021 @ 8:14 pm By Tony Zerucha  |  

While it’s taken a while for B2B technology to reach the levels of responsiveness common to their B2C brethren, the gap is indeed narrowing, CEO Brandon Spear of B2B payments company TreviPay said. B2B has always lagged behind B2C for the simple reason – building… Read More

September 29, 2021 @ 11:12 am By Omar Faridi  |  

Partisia Blockchain, the Web 3.0 public (or permissionless) blockchain developed for trust, transparency, and privacy, recently confirmed the appointment of experienced cryptographer Christian Cachin to their team. Dr. Christian Cachin, a former computer scientist working at IBM, has joined the team as a Consensus and… Read More

September 28, 2021 @ 9:08 am By JD Alois  |  

Upgrade has announced that it has been recognized as the fastest-growing credit card in the US by the Nilson Report. Upgrade noted that it is the first Fintech to be listed in the top 50 U.S. Visa/Mastercard Credit Card Issuers with a reported growth rate… Read More

September 27, 2021 @ 8:50 am By Omar Faridi  |  

We recently caught up with Derek Lau, Game Director at Guild of Guardians, which is one of the partner games of Yield Guild Games (YGG). Guild of Guardians is a blockchain or distributed ledger tech (DLT)-based mobile role-playing game (RPG) that has been published by… Read More

September 25, 2021 @ 10:47 am By Omar Faridi  |  

We recently connected with Steven Weinstein, the CEO of Seismic Capital Company, an early-stage growth investor that’s focused on identifying, guiding and nurturing firms that are looking meaningfully disrupt the space or industry they work in. Weinstein has reportedly been involved in the capital markets,… Read More

September 24, 2021 @ 9:39 am By JD Alois  |  

  China has effectively banned crypto. While the news should not come as any surprise as China has been tightening the regulatory vice for years now, statements by the People’s Bank of China indicate that any hope of crypto access is now dashed for consumers… Read More

September 23, 2021 @ 4:49 pm By JD Alois  |  

Saule Omarova, a Cornell law professor, has been nominated to become the next Comptroller of the Currency – the head of the Office of the Comptroller of the Currency the bureau that regulates the nation’s federal banks. The selection had been widely rumored in advance… Read More

September 23, 2021 @ 12:07 pm By Tony Zerucha  |  

While the baseline premise behind Liti Capital is interesting enough on its own, the founding team’s vision for the company and the cryptocurrency industry as a whole suggests it is well-positioned to be around for the long haul. Executive chairman and CIO David Kay previously… Read More

September 22, 2021 @ 10:36 am By JD Alois  |  

MicroVentures is a broker-dealer that raises capital under the various crowdfunding exemptions including Reg CF+, Reg D, and Reg A+. An early entrant into the sector, MicroVentures got its start catering to accredited investors but expanded its portfolio of services following the enactment of the… Read More

September 21, 2021 @ 6:27 pm By JD Alois  |  

As was previously reported, JP Morgan (NYSE:JPM) launched its digital bank in the UK today. Chase, the largest consumer bank in the US, is now available in digital form for UK consumers. According to a company statement, users may go to chase.co.uk, and register and… Read More

September 20, 2021 @ 2:14 pm By JD Alois  |  

On September 7, 2021, Coinbase (NASDAQ:COIN) published a blog post stating the Securities and Exchange Commission (SEC) had informed the company it would sue over its forthcoming Coinbase Lend service. Now, Coinbase has submitted to the significant threat of a lawsuit and abandoned its Lend… Read More

September 20, 2021 @ 11:27 am By JD Alois  |  

In mid-2020, Kabbage, one of the best-known online lenders for SMEs in the US, was acquired by American Express (NYSE:AXP). At that time, co-founders Rob Frohwein and Kathryn Petralia said this was their first time sitting in the seat of the entrepreneurs selling a company… Read More

September 19, 2021 @ 10:52 am By Xu Gao  |  

E-Sign Completes 1.2-Billion-Yuan E round of Financing On September 13th, digital signature service provider E-Sign completed a 1.2-billion-yuan E round of financing, with participation from Sequoia China, IDG Capital, Hidden Hill Capital, Guangxi Investment Group, Wenshi Investment, Fortune Capital, and Grand Flight. Established in 2002,… Read More

September 17, 2021 @ 9:57 am By Tony Zerucha  |  

Over his three decades as a tech entrepreneur, Cameron Chell has shown a knack for identifying transformative technologies early on and he believes he’s done it again. Chell is the executive director of CurrencyWorks, a developer of digital currencies and related systems, and co-head of… Read More

September 15, 2021 @ 6:14 pm By JD Alois  |  

Wise (WISE.L), formerly doing business as Transferwise, has finally launched its first iteration of an investment feature. A long, long time ago, Wise said it intended to create more options to hold funds that can generate a return. Last year, it was reported that Wise… Read More

September 15, 2021 @ 11:17 am By Omar Faridi  |  

Immigrants have been neglected by traditional banking and financial institutions. Our financial systems and related practices have been developed for a consumer who has been raised in the US or has a considerable amount of financial knowledge. Our systems tend to make many assumptions as… Read More