Opinion

November 6, 2024 @ 12:55 pm By Tony Zerucha  |  

The US Federal Reserve is under renewed pressure to implement another significant interest rate cut, following an unexpectedly low jobs report that signals a cooling economy. Nigel Green, CEO of deVere Group, believes the latest jobs data provides the Fed with a clear mandate to take more… Read More

November 6, 2024 @ 8:49 am By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement following the election of Donald Trump as the nation’s 47th President. SBE Council is a non-partisan advocacy group that seeks to promote policies that support smaller firms and entrepreneurs. The group frequently comments… Read More

November 4, 2024 @ 8:40 am By Omar Faridi  |  

Charles Cascarilla, CEO and co-founder of Paxos, noted in an open letter to Vice President Kamala Harris and Former President Donald Trump that the next presidential administration will determine whether America continues to lead the global financial industry or forfeits that leadership. Cascarilla said the US is at risk of becoming the “Rust… Read More

November 3, 2024 @ 11:03 pm By Omar Faridi  |  

Blockdaemon has announced that they have joined the Proof of Stake Alliance (POSA). By becoming a member, Blockdaemon explained in the update that it now furthers its commitment to promoting “clear standards” as well as supporting the growth of proof-of-stake or PoS technologies. According to… Read More

November 2, 2024 @ 4:14 pm By Omar Faridi  |  

Bloomberg had reported this past week that enterprise blockchain company R3 has held discussions with certain representatives at Ava Labs (which is known to be focused on the development of Avalanche), the Solana Foundation and Adhara regarding a possible minority investment in the company, or… Read More

November 2, 2024 @ 7:37 am By Tony Zerucha  |  

Bitcoin (BTC) is likely to reach fresh all-time highs should Donald Trump win the US presidential election, predicts deVere Group CEO Nigel Green. The statement comes days before Americans hit the polls. BTC is currently around $71,000. The highest recorded price, $73,737, was paid on… Read More

November 1, 2024 @ 4:57 pm By Tony Zerucha  |  

As the Presidential election nears, Vice President Kamala Harris and former President Donald Trump are issuing stances on everything from the environment to finances. When it comes time to weigh the credibility of those statements, the founder and CEO of decentralized telecommunications network Chirp urges… Read More

October 31, 2024 @ 11:47 am By JD Alois  |  

Yesterday, the UK government revealed its new budget and the changes being made to cover a deficit while attempting to fuel economic growth. While the punditry will be digesting the statement from the Chancellor of the Exchequer, Rachel Reeves, for days, CI has received a… Read More

October 30, 2024 @ 9:46 am By JD Alois  |  

American Fintech Council (AFC) has submitted a comment letter in response to the joint Request for Information on Bank-Fintech Arrangements. The interagency RFI includes the FDIC, OCC and Federal Reserve. The letter states that it is important for these agencies to understand that not all… Read More

October 29, 2024 @ 4:45 pm By Omar Faridi  |  

David Marcus, the CEO of Lightspark, has emphasized the importance of innovation in digital or online payment systems, especially when compared to the archaic infrastructure many financial institutions still rely on today. In his insightful conversation with Brian Mosoff from BlackRock, Marcus has notably underscored… Read More

October 29, 2024 @ 12:21 pm By JD Alois  |  

Investment crowdfunding under Reg CF (Regulation Crowdfunding) supports opportunities for smaller firms. Issuers raising money using Reg CF may raise up to $5 million while selling securities to both accredited and non-accredited investors. Firms must utilize the services of a FINRA-regulated Funding Portal or Broker… Read More

October 29, 2024 @ 11:49 am By JD Alois  |  

An increase in capital gains taxes (CGT) is anticipated to be announced at this week’s Autumn Statement. This will impact investments in firms and may undermine support of early-stage ventures. This much is clear. Today, we have two more executives adding their voices to the… Read More

October 28, 2024 @ 10:38 am By JD Alois  |  

The Autumn Statement, the event where the UK government outlines its forthcoming budget and associated programs, is scheduled for Wednesday, October 30th. Expectations are for the Labour government to increase certain taxes as it aims to close a gap in funding. CI has received multiple… Read More

October 28, 2024 @ 8:23 am By JD Alois  |  

The Open Banking rules announced by the Consumer Financial Protection Bureau (CFPB) may dramatically alter the entire consumer financial services sector. Customers may soon be in control of their own data – determining who may, and who may, not access the information. This may expedite… Read More

October 28, 2024 @ 1:03 am By Tony Zerucha  |  

EtherMail founder and CEO Shant Kevonian said Stripe’s $1.1 billion acquisition of Bridge, a stablecoin API provider, is a pivotal moment in bridging the Web2/Web3 divide. Kevonian said the move is the latest step in the ongoing convergence of the crypto and fintech markets –… Read More

October 27, 2024 @ 10:45 pm By Omar Faridi  |  

  Luke Plaster, Chief Security Architect at io.finnet, has shared his unique perspective with CI on a range of topics including digital asset security. In a world where digital asset security is paramount, io.vault by io.finnet is said to be breaking new ground with it’s… Read More

October 27, 2024 @ 10:44 pm By Omar Faridi  |  

The team at Blockdaemon has shared key crypto / digital assets industry insights which aim to take a closer look at the various US Congressional actions in 2024. Sam Kim notes in a recent blog post by Blockdaemon that their overview of recent U.S. regulatory… Read More

October 27, 2024 @ 7:48 pm By Omar Faridi  |  

Stablecoin USDT issuer Tether slams WSJ’s “irresponsible reporting,” and says it stands by its “strong’ law enforcement track record. Notably, Tether’s reaction / response comes shortly after the WSJ reported that the stablecoin issuer could be under investigation by US authorities, possibly (and allegedly) including… Read More

October 27, 2024 @ 4:47 pm By Omar Faridi  |  

Ethereum co-founder Vitalik Buterin recently shared a number of ways to cut down on Ethereum’s bloat in the leading smart contract platform’s “Purge” update roadmap. Cutting down the requirement for each network node to have to permanently maintain all history along with unnecessary protocol details… Read More

October 27, 2024 @ 4:37 pm By Omar Faridi  |  

MicroStrategy (NASDAQ:MSTR) company stock recently surged to a 25-year high at $245, which has notably come before the release of AI-focused business intelligence company’s Q3 earnings report. MicroStrategy’s stock strongly aligns with major Bitcoin (BTC) developments. As crypto and Bitcoin industry observers would know, MicroStrategy… Read More