Opinion

Editorial opinions and perspective on Fintech.

Perspective: Managing Treasury Operations Safely and Securely from a Remote Environment

The events of 2020 have caused many people to reassess how they manage their businesses. Treasurers were forced into an unprecedented situation where they had to manage cash and international payments from suppliers and customers at a time of significant uncertainty and instability – all… Read More

Broctagon CEO on Hong Kong’s Consultation on Regulating Crypto: A Positive for the Industry

Yesterday, the Hong Kong Government announced a consultation to enlist public opinion on legislative proposals designed to enhance anti-money laundering and counter-terrorist financing (AML/CTF) regulation in Hong Kong. Cryptoassets (digital assets) were included in the consultation with the introduction of a licensing regime for virtual… Read More

Cato’s Director of Financial Regulation Studies Comments on SEC’s Exempt Ecosystem Update: A Welcome Step to Streamline the Exceedingly Complex Capital Raising Rules

As previously reported, the Securities and Exchange Commission (SEC) has updated the exempt offering ecosystem – changes that impact online capital formation including Reg CF and Reg A+. The amendments published the SEC include funding cap increases to both the aforementioned exemptions while additional updates,… Read More

Carlos Domingo, CEO of Securitize: More Startups Will Now Use Reg CF

Yesterday, the Securities and Exchange Commission updated rules affecting the exempt offering ecosystem. Many of the changes impact online capital formation and the regulatory environment that issuers may leverage to raise capital online and the ability of platforms to assist in these securities offerings. The… Read More

A Major Turning Point for Private Capital Markets in America

Today marked a major turning point for the private capital markets in America.  While most of the country is squarely focused on the election, the SEC quietly passed dramatic improvements to securities laws for startups, small businesses and investors everywhere.  The SEC’s actions today signified,… Read More

Long time Small Business Advocate Congressman Patrick McHenry Applauds SEC’s Decision to Improve Exempt Offering Ecosystem

Congressman Patrick McHenry, the Ranking Member of the House Financial Services Committee, has issued a statement applauding the Securities and Exchange Commission’s rule change today that seeks to improve and simplify the exempt offering ecosystem. Congressman McHenry stated: “Today’s action by the SEC will help… Read More

The SEC Updates Reg CF, Reg A+ and More. Boosts Reg CF to $5 Million, Reg A+ Increased to $75 Million

During an open meeting of the Securities and Exchange Commission (SEC), the Commission approved updates to the exempt offering ecosystem that are designed to improve access to capital, boost access to greater opportunity for investors while maintaining important investor protection criteria. In a party-line vote,… Read More

European Crowdfunding Network Publishes Blockchain Study Analyzing Current Regulatory Environment

Following a big win at the European Commission in regards to the harmonization of investment crowdfunding rules, the European Crowdfunding Network (ECN) has published a report analyzing European blockchain regulation. Crafted in partnership with the law firm of Denton’s, the ECN report reviews the European… Read More

Establishing Proper Standards Is Key to Ensuring Blockchain or DLT Sector Moves Forward: Report

Establishing proper standards is the key to ensuring that the blockchain sector moves forward, according to a recent blog post published by the World Economic Forum (WEF). The blog post’s authors (Sumedha Deshmukh, Mercina Tillemann-Dick, Sofia Arend) note that standards for blockchain or distributed ledger tech… Read More

Nick Catino from TransferWise Suggests that the US Should Allow Payment Firms to Directly Access Payments Systems

Nick Catino, Head of Policy at TransferWise (Americas), recently commented on why he thinks the United States should allow payment firms to take part “directly in payment systems.” At present, access is limited to depository institutions, Catino explains. He notes that payment firms are unable… Read More

CEO of INX Shy Datika Predicts that Volumes in Security Tokens Will Far Eclipse Those in Crypto Trading

This past Tuesday, INX Limited announced that it has agreed to acquire Openfinance, a FINRA regulated broker-dealer and alternative trading system (ATS) in the digital security market. INX Limited is a Fintech with a vision of redefining the world of regulated security tokens and crypto… Read More

Where Did Kik Go Wrong? Former SEC Attorney Discusses Kik Settlement with SEC

    Recently, Kik settled a long legal battle with the Securities and Exchange Commission (SEC). In the end, Kik must pay a $5 million settlement pertaining to an initial coin offering (ICO) that was deemed to be an unregistered security offering. Additionally, for the… Read More

Digital Asset Security Solution Providers SignKeys and Satoshi Labs Explain Why You Shouldn’t Use PayPal for Cryptocurrency Transactions

SignKeys, a Singapore-based digital asset solutions provider, notes that recent positive news for Bitcoin (PayPal adding support for BTC and other cryptos) may have led to a 15% increase in its price (around $13,000 at the time of writing). SignKeys points out that Bitcoin still… Read More

Nasdaq CEO Adena Friedman Says Machine Learning, Blockchain, and Cloud Tech Will “Drive Evolution” of Capital Markets

Adena Friedman, President and CEO of Nasdaq, the world’s second-largest stock exchange with a market cap of over $17 trillion, says that emerging technologies (Emtech) continue to “drive the evolution” of capital markets.  As covered, Friedman believes that Cloud technologies will transform financial services and… Read More

Mark Smargon: CEO at Israeli Fintech Fuse.io Wants to Offer Non-Custodial, Open-Source Payments Services with WeChat level User Experience

We recently caught up with Mark Smargon, CEO of Fuse.io, a Fintech company that aims to connect everyday payments to the blockchain without compromising on user experience. Fuse.io is focused on leveraging the latest decentralized finance (DeFi) infrastructure to offer a unique platform to businesses… Read More

Plaid Fintech Report: It Saves Consumers Money, Helps Underserved Markets

There should not be any question that financial innovation is good for consumers, good for businesses, and good for the economy in general. Fintech is bringing a degree of financial sophistication and inclusion previously unattainable. Underserved or underbanked markets may now access services once available… Read More

King of SPACs: Doug Ellenoff of EGS Discusses the Hot SPAC Market – “Not a Fad”

The law firm of Ellenoff, Grossman, and Schole (EGS) has long been a leading Manhattan firm in the SPAC sector (Special Purpose Acquisition Company). This year, SPACs have boomed, including multiple high profile issuers as well as several Fintech focused SPACs. So how did SPACs… Read More

PayPal Goes Crypto, Crypto Industry Responds

Today’s news that PayPal (NASDAQ:PYPL) will start allowing it’s over 360 million users to use crypto placed a firm stamp of establishment approval on digital currency. PayPal partnered with Paxos to provide the service – a digital asset firm that has always placed regulatory compliance… Read More

PayPal Joins the Crypto Bandwagon, Bitcoin Rises in Price

With the announcement that PayPal will now enable trading and payments in crypto, the world’s most popular digital currency – Bitcoin has jumped in price. At last glance, Bitcoin is trading over USD$ 12,700 – earlier today it was under $12,000. Shares in PayPal neared… Read More

Triyono Gani, Head of Digital Finance Innovation at Indonesia’s Financial Services Authority, Compares Fintech with Traditional Banking

Triyono Gani, the head of digital finance innovation at Indonesia’s Financial Services Authority (OJK), notes that it may have taken a long time for people to understand one of Bill Gates’ quotes, “Banking is necessary, but banks are not.”  Gani points out that Gates actually… Read More

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