General News

June 28, 2019 @ 3:22 am By JD Alois  |  

Capital Markets Malaysia, an affiliate of the Securities Commission Malaysia (SC), hosted an event to generate greater awareness of capital raising and investment opportunities in the Malaysian capital market. The target audience was micro, small-and-medium enterprises (MSMEs); and entrepreneurs. The half-day forum focused on how… Read More

June 27, 2019 @ 1:16 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has scheduled its second Fintech conference: Fintech Forward 2019. The event is scheduled to take place at CFTC HQ on October 24, 2019 – during DC Fintech Week. Additionally, the CFTC has launched “LabCFTC Accelerator,” a component of LabCFTC…. Read More

June 27, 2019 @ 1:03 pm By Karsten Wenzlaff  |  

The European Council has concluded its negotiations on the European Crowdfunding Service Provider Regime, after discussing for more than a year how to facilitate more cross-border Crowdfunding, especially for equity-based and lending-based Crowdfunding. The European Council “defines the EU’s overall political direction and priorities.” The… Read More

June 27, 2019 @ 10:09 am By JD Alois  |  

Clause Announces $5.5 Million Series A Round Galaxy Digital and DocuSign have joined to back a $5.5 million Series A round in smart contract cloud firm “Clause.” Existing investors BN Capital at Lerer Hippeau, and Seedcamp participated. Several new investors participated including Raptor Group, Galaxy… Read More

June 26, 2019 @ 9:29 am By JD Alois  |  

The Association of Online Investment Platforms (AOIP) has published a series of policy recommendations encouraging Congress to act and improve the online capital formation marketplace by fixing existing flaws in crowdfunding rules. The AOIP is a newer advocacy group formed in the last year. The… Read More

June 25, 2019 @ 10:19 am By JD Alois  |  

The Mayor of London, Sadiq Khan and Funding London CEO, Maggie Rodriguez-Piza, have announced the appointment of three new directors to the Funding London Board. Funding London was launched in 2004 to provide venture capital and debt capital to SMEs, on behalf of the Mayor… Read More

June 24, 2019 @ 12:35 pm By JD Alois  |  

Later this week the V20 conference will take place alongside the bi-annual G20 event being hosted in Japan. The G20 is, of course, the global powwow of 19 leading nations plus the EU. While mostly a lot of hobnobbing and back-room policy wrangling, while in… Read More

June 24, 2019 @ 10:44 am By JD Alois  |  

Tomorrow (June 25) SEC Commissioner Hester Peirce will be speaking about the “SEC, Entrepreneurship, Fintech and the Economy.” The event is open to the public but it will be live-streamed on the Heritage Foundation’s website for free. Peirce is well known for her thoughtful approach… Read More

June 24, 2019 @ 4:01 am By JD Alois  |  

MarketInvoice, a Fintech in the invoice financing sector, has published their “MarketInvoice Business Insights survey” based on responses from 1,000 business owners of UK Ltd companies between 31st May and 5th June 2019. According to their results, the lack of finance options is considered to… Read More

June 23, 2019 @ 9:08 pm By JD Alois  |  

Reg CF, the crowdfunding exemption that allows issuers to raise up to $1.07 million online, has topped the $200 million mark, according to StartEngine – a crowdfunding platform that tracks the exemption’s progress. In May, according to the report, issuers raised $5.7 million pushing the… Read More

June 23, 2019 @ 11:36 am By JD Alois  |  

LawCloud, formerly doing business as iDisclose, issued a not last week addressing the Securities and Exchange Commission’s (SEC) Report on Regulation Crowdfunding (Reg CF). The report is a point in time snapshot of sector progress for the smallest sector of online capital formation. In brief,… Read More

June 22, 2019 @ 11:04 am By JD Alois  |  

Hedera Hashgraph, one of several aspiring iterations of blockchain, or distributed ledger technology, designed to address existing shortcomings in DLT 1.0, has paid for a full-page advertisement in the Wall Street Journal mocking Facebook. Last week, Facebook officially launched “Libra” its spin on crypto. The… Read More

June 18, 2019 @ 9:13 am By JD Alois  |  

Facebook (NASDAQ:FB) launched its long-anticipated cryptocurrency today with an onslaught of documents, commentary and punditry feedback. Two new websites were revealed each affiliated with a different aspect of their new crypto-ecosystem. First there is the Libra stablecoin, a global currency “backed by a collection of… Read More

June 18, 2019 @ 2:30 am By JD Alois  |  

In partnership with the NSW Government, Sydney Launch Festival opens this week to give NSW startups a chance to pitch their startups t to a global audience and learn from the world’s top startup founders and investors. Launch Festival is the creation of Jason Calacanis…. Read More

June 13, 2019 @ 8:20 am By Cali Haan  |  

The “cryptosphere” has been aflutter over news that Tron cryptocurrency network co-founder Justin Sun successfully bid $4.56 million USD in a charity auction to have lunch with Warren Buffet. Buffet, 88, billionaire CEO of Berkshire Hathaway is vociferous crypto-detractor who has often taken to the… Read More

June 10, 2019 @ 11:15 pm By Cali Haan  |  

160 Bitcoins stolen in a massive hack on the Bitfinex cryptocurrency exchange in 2016 started moving across the blockchain late last week after being dormant for more than 2 years, Hard Fork reports. The cryptocurrency is part of a stash of 744 408 Bitcoins taken… Read More

June 10, 2019 @ 4:00 pm By JD Alois  |  

France is moving forward to embrace blockchain technology and the issuance of digital assets. While security tokens will be regulated just like the securities they are, France has crafted a regulatory regime that supports the issuance of utility tokens. Last December, the French Government issued… Read More

June 8, 2019 @ 8:38 am By Cali Haan  |  

Igor Sechin, head of Rosneft, Russia’s state oil company and reported second-in-command to Russian President Vladimir Putin, told colleagues in St Petersburg this week that the creation of a “Facebook  Global Coin” cryptocurrency could signal American tech companies’ ominous intention to start moving into oil… Read More

June 6, 2019 @ 7:21 pm By Cali Haan  |  

The SEC has voted to implement a new rule compelling securities broker-dealers to act in clients’ best interests. SEC Chairperson Jay Clayton spoke about the new rule, as well as the SEC’s treatment of cryptocurrencies, in a televised interview for CNBC’s Squawk Box program June 6th. … Read More

June 6, 2019 @ 4:18 pm By Cali Haan  |  

In its latest “country-specific recommendations,” the EU has advised officials in Malta to enhance oversight of the country’s booming cryptocurrency and gaming sectors, to boost rules and address understaffing in the country’s Economic Crimes Unit, and to act against “aggressive tax planning” (evasion) executed by individuals… Read More