Opinion

September 25, 2020 @ 3:41 pm By JD Alois  |  

Wyoming is one of several US states that does not assess a state income tax. In the past few years, there has been an exodus of both individuals and companies to these business-friendly states as people vote with their feet. Wyoming is also one of… Read More

September 25, 2020 @ 11:08 am By Omar Faridi  |  

Gabriel J. Shapiro, a US attorney focused on mergers and acquisitions (M&A), venture, governance, Infosec, and digital assets, has noted that if you really care about cryptocurrency-related laws and proper governance, then you should know that the most “important” or relevant content out there right… Read More

September 24, 2020 @ 4:38 pm By JD Alois  |  

Earlier this week, the Office of the Comptroller of the Currency (OCC) – the leading national bank regulator, provided guidance on banks and stablecoins. The guidance was designed to provide “greater regulatory certainty for banks” operating in this sector. Stablecoins are digital assets typically tied… Read More

September 24, 2020 @ 12:17 pm By Omar Faridi  |  

Antony Welfare, Chief Commercial Officer at NEM Group, an organization supporting the development of NEM, a blockchain or distributed ledger technology (DLT) based platform for building enterprise-grade applications, states that blockchain tech is now more than 10 years old (as far as its application is… Read More

September 23, 2020 @ 10:04 am By JD Alois  |  

Transferwise, a Fintech unicorn and fast-growing stealth bank, has published its annual report for the fiscal year ending March 2020. According to the document, Transferwise’s annual profit more than doubled to £20.4 million during the year – the fourth year in a row that the… Read More

September 22, 2020 @ 6:13 pm By Omar Faridi  |  

Sam Bankman-Fried, CEO at FTX, a cryptocurrency derivatives exchange and Alameda Research, has commented on some blockchain projects that he thinks are worth talking about and appear to be making some progress. While confirming that he’s not offering investment advice, Sam said that Solana (SOL)… Read More

September 22, 2020 @ 2:39 pm By JD Alois  |  

  Lagarde, the President of the European Central Bank, addressed the Franco-German Parliamentary Assembly yesterday (Sept. 21) talking about the strength of the “European Project” while casting an eye on the future of further integration as well as the ongoing effort to achieve a Digital… Read More

September 21, 2020 @ 7:49 am By Omar Faridi  |  

Sadie Williamson, founder of Williamson Fintech Consulting, notes that the rise of Fintech may be considered the small business ecosystem’s “biggest game-changing” developments of the past several years. Williamson acknowledges that Fintech products aren’t yet mature enough to fully replace legacy banking systems. However, she… Read More

September 20, 2020 @ 2:19 pm By Omar Faridi  |  

Yassine Elmandjra, an analyst at ARK Investment Management, a company that invests in Fintech projects and other next-generations technologies, says that Bitcoin’s (BTC) blockchain will “contribute more dramatically and profoundly to the evolution of monetary and financial systems than any other breakthrough in history.” Elmandjra,… Read More

September 19, 2020 @ 12:46 pm By Omar Faridi  |  

Uniswap, a non-custodial Ethereum token exchange, recently introduced a “governance” token, called UNI. There will be 1 billion UNI tokens that will be released to the general public over the course of the next 4 years. UNI tokens will be allocated to Uniswap’s community members…. Read More

September 19, 2020 @ 12:40 pm By Omar Faridi  |  

Sheila Warren, Head of Blockchain, Data, and Digital Assets at the World Economic Forum (WEF), an independent international organization committed to improving the state of the world by engaging business leaders of society to shape global agendas, says that she’s “quite bullish” about blockchain and… Read More

September 18, 2020 @ 6:09 am By JD Alois  |  

This past week Kraken, a leading US-based digital asset exchange, was approved by the state of Wyoming for a bank charter. The first of its kind in the state, the Special Purpose Depository Institution (SPDI) means that Kraken Financial will operate pretty much just like… Read More

September 16, 2020 @ 9:45 pm By Omar Faridi  |  

Satya Nadella, CEO of Microsoft, recently noted that we’ve experienced two years of digital transformation in just two months due to the acceleration of the shift towards all-digital platforms and services following the COVID-19 outbreak. Business ideas that may have been considered unthinkable or inconceivable… Read More

September 16, 2020 @ 12:56 pm By JD Alois  |  

Last week in a release, INX Limited said it had topped its $7.5 million offering hurdle for the initial public offering of its digital security. INX added that it is now accepting payments in Bitcoin (BTC), Ether (ETH) and USD Coin (USDC) as of this… Read More

September 16, 2020 @ 8:34 am By JD Alois  |  

A new report pertaining to Reg CF (Regulation Crowdfunding) says the Jumpstart Our Businesses Startup Act (JOBS Act) securities exemption is creating economic success for small business owners in need of growth capital. The report outlines Reg CF utilization by Congressional District – highlighting the… Read More

September 15, 2020 @ 10:49 am By JD Alois  |  

Draft regulation crafted by the European Commission that pertains to crypto-assets (digital assets) and blockchain tech in financial services has surfaced on the web. Final legislation has been anticipated at some point this month as European policymakers seek to foster an “innovation-friendly” approach that assures… Read More

September 13, 2020 @ 4:48 pm By Omar Faridi  |  

Marcus Treacher, the SVP of Customer Success at American Fintech Ripple, notes that the world’s cross-border payments market is highly fragmented. But he claims that international transactions are now being redefined by “the power of ISO standardization” and the innovative technology approach of RippleNet, which… Read More

September 12, 2020 @ 9:24 am By Omar Faridi  |  

Dr. Joshua Ellul, the Chairman of Malta Digital Innovation Authority and Director of Centre for DLTs, University of Malta, has published an open letter to European Union (EU) regulators focused on cryptocurrencies. The letter is also meant to inform relevant policy advisors and makers in… Read More

September 11, 2020 @ 8:27 am By Omar Faridi  |  

Christine Lagarde, the President of the European Central Bank (ECB), has noted that money facilitates both transactions and relationships. According to the former International Monetary Fund (IMF) chair, money may be considered “an expression of sovereignty.” Lagarde, whose comments came during the recently held Deutsche… Read More

September 10, 2020 @ 11:11 am By JD Alois  |  

  Mastercard revealed this week that it has launched a central bank digital currencies (CBDCs) testing platform. The goal is to enable central banks to test national digital currencies. Many central banks are testing or investigating CBDCs including China’s digital yuan that is currently being… Read More