Opinion

April 18, 2024 @ 11:20 am By JD Alois  |  

Vanderbilt University Professor Joshua T. White, a former SEC economist at the Division of Economic and Risk Analysis (DERA), did a highly effective job of critiquing the SEC’s new climate disclosure rules during a hearing of the House Financial Services Committee. The new type of… Read More

April 18, 2024 @ 8:20 am By Omar Faridi  |  

With the UK rethinking its approach to AI legislation, Scott Dawson, Head of Strategic Partnerships at DECTA, an end-to-end payments solutions provider, has shared insights focused on examining what a divergence in the UK and the EU’s legislative approach in AI could mean. Scott Dawson,… Read More

April 16, 2024 @ 11:39 am By Omar Faridi  |  

Americans are already choosing digital payments over traditional payment methods. Now, as digital currencies such as CBDCs gain interest around the world – as seen even more from the recent SWIFT announcement – demand stateside may create bottom-up pressure on U.S. banks – despite the… Read More

April 12, 2024 @ 11:24 am By JD Alois  |  

The UK economy barely posted a positive figure in February, according to the Office for National Statistics.  Monthly GDP is said to have grown by 0.1% in February 2024, following growth of 0.3% in January 2024. The consecutive growth indicates that the UK has exited… Read More

April 11, 2024 @ 3:49 pm By Omar Faridi  |  

Following the approval of multiple spot Bitcoin ETFs and resulting rising Bitcoin prices, Norman Wooding, CEO of SCRYPT, has shared his perspective on the increased institutional demand for Bitcoin. Norman Wooding from SCRYPT, a Swiss-licensed company offering a range of crypto asset services, has commented… Read More

April 11, 2024 @ 10:51 am By JD Alois  |  

The most respected bank executive in the world, Jamie Dimon, CEO of JP Morgan Chase (NYSE:JPM), posted his annual shareholders letter today. The letter covered a wide range of topics, including politics and policy. Dimon’s opinion is widely followed in the financial services world, as… Read More

April 11, 2024 @ 9:51 am By Omar Faridi  |  

Hayden Adams, founder of Uniswap, confirmed on April 10, 2024 that Uniswap Labs received a Wells notice from the US Securities and Exchange Commission (SEC). Hayden says he is not surprised but just “annoyed, disappointed, and ready to fight.” Today @Uniswap Labs received a Wells… Read More

April 10, 2024 @ 11:30 am By Rushd Averroes  |  

The world of finance is at a crossroads. With its legacy systems and ingrained practices, the traditional financial system (TradFi) struggles to keep pace with the rapid innovations of decentralised finance. At the same time, decentralised finance (DeFi), while promising increased accessibility and transparency, often… Read More

April 8, 2024 @ 10:30 am By Aaron Rafferty  |  

Generative AI [artificial intelligence] has taken the world by storm, especially with the proliferation of OpenAI’s massively popular ChatGPT. However, these generative AI models can potentially make an even greater impact than one might imagine. In the commercial real estate sector, generative AI has inspired… Read More

April 4, 2024 @ 5:30 pm By Omar Faridi  |  

Fenergo is a global provider of digital solutions for client lifecycle management (CLM) and digital transformation for financial institutions. Its software digitally transforms and streamlines end-to-end CLM processes – from regulatory onboarding, data integration, client and counterparty data management, client lifecycle reviews, and remediation, all… Read More

April 4, 2024 @ 12:52 pm By Omar Faridi  |  

Goldman Sachs (NYSE:GS) clients are not really interested in crypto-assets, according to recent statements from the firm’s Chief Investment Officer. As reported by the WSJ, even following the considerable surge in prices of Bitcoin (BTC) and cryptocurrencies as well as the involvement from other TradFi… Read More

April 2, 2024 @ 11:42 am By JD Alois  |  

Reg CF or Regulation Crowdfunding is a securities exemption that allows a company to raise up to $5 million from both Accredited and Non-Accredited investors. To pursue a Reg CF offering, a company must file documents with the Securities and Exchange Commission (SEC). The documents… Read More

April 2, 2024 @ 8:22 am By Omar Faridi  |  

Venture capitalists Marc Andreessen, Galaxy Digital, and Accolade Partners are the main backers of the crypto VC firm 1kx’s most recnet fund. 1kx is reporting $75 million in funds raised via the investment round with Chris Dixon, a partner at Andreessen Horowitz, named as one… Read More

March 30, 2024 @ 8:39 pm By Omar Faridi  |  

Caroline Pham from the Commodity Futures Trading Commission (CFTC) has been critical of the actions of her own regulatory agency, noting that the CFTC could be interfering on its partner agency in the recent charges it made against digital currency exchange KuCoin this past week…. Read More

March 30, 2024 @ 5:34 pm By Omar Faridi  |  

Digital money, when carefully managed, can potentially aid Pacific Island growth and equality, according to an update shared by the IMF. A cautious step-by-step approach would help the region “explore new technologies effectively to deliver economic and social gains while managing risks,” the International Monetary… Read More

March 29, 2024 @ 7:58 am By Omar Faridi  |  

The UK’s HM Treasury is reportedly considering or looking into possibly making changes to its existing Anti-Money Laundering and Counter-Terrorist Financing (AMLCFT) framework. This may potentially mean that service providers of non-fungible token (NFT) trading platforms could get added within the applicable regulatory framework. At… Read More

March 25, 2024 @ 10:05 am By JD Alois  |  

Digital asset investment products saw record weekly outflows totaling $942 million in the past week, this is according to CoinShares (Nasdaq Stockholm: CS). The report states that the outflows follow a record of seven weeks of inflows totaling $12.3 billion, largely due to the emergence… Read More

March 24, 2024 @ 9:00 pm By Shane Rodgers  |  

The collapse of Bahamas-based crypto exchange FTX sent shockwaves through the alternative investment world and arguably changed the cryptocurrency market forever. Following a mass exodus of investors that exposed an $8 billion gap in the company’s accounts, the market has been attempting to bounce back… Read More

March 21, 2024 @ 11:46 am By JD Alois  |  

Yesterday, the House Financial Services Committee, Capital Markets Subcommittee held a hearing on the alleged overreach of the Securities and Exchange Commission (SEC) and the need for reform. The current Commission, under the leadership of Chairman Gary Gensler, has been criticized by many policymakers as… Read More

March 20, 2024 @ 11:18 am By JD Alois  |  

Hamilton Lane (NASDAQ:HLNE) co-CEO Erik Hirsch visited with CNBC yesterday ostensibly to comment on the forthcoming initial public offering (IPO) of Reddit. The market has widely anticipated the IPO as public offerings have been moribund in recent years, and Reddit is a high-profile tech firm…. Read More