Opinion

July 26, 2023 @ 8:43 pm By Omar Faridi  |  

  Travis Everett, Chief Operating Officer (COO) of National Merchants Association (NMA), has shared key insights with Crowdfund Insider on FedNow, the new instant payments and transfer service offered by the US Federal Reserve. The new service became operational this past week, with 35 financial… Read More

July 24, 2023 @ 10:42 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) published final guidance on the new Consumer Duty initiative last year. Firms are expected to implement the requirements by the end of this month. Consumer Duty sets a “standard of care” for financial services firms in retail markets aiming… Read More

July 20, 2023 @ 1:44 pm By JD Alois  |  

Nigel Farage, a political leader in the UK who was a staunch supporter of Brexit, recently had his account canceled by Coutts, part of Natwest – ostensibly because his balance went below their minimum threshold. Following the loss of his account, Farage lambasted the bank… Read More

July 20, 2023 @ 1:37 pm By Omar Faridi  |  

Fintech firm Ripple considers the recent court ruling (in the case Ripple v. US Securities and Exchange Commission (SEC) ) to be a “landmark victory” for the company and the entire crypto industry. As noted in a blog post, the recent ruling finds that XRP… Read More

July 20, 2023 @ 8:04 am By Omar Faridi  |  

Kushki, a Paytech connecting LatAm to digital payments and helping Latin American businesses reduce the costs and complexity of digital transactions, has shared key insights with Crowdfund Insider. Kushki focuses on improving acceptance rates and reducing fraud. The company points out that it has been… Read More

July 19, 2023 @ 3:15 pm By JD Alois  |  

In September 2022, Nasdaq announced a new Nasdaq Digital Assets division that would provide a custody solution, subject to regulatory approval. According to reports, Nasdaq has decided to abandon its push into crypto custody to focus on other initiatives – like its move into Regtech… Read More

July 19, 2023 @ 11:31 am By JD Alois  |  

New legislation has been submitted by Senator Jack Reed, co-sponsored by Senators Mark Warner,  Mike Rounds, and  Mitt Romney. The Crypto Council for Innovation has slammed the legislation as “arbitrary and ill-defined.” The bill (S.2355) is described as “a bill to clarify the applicability of… Read More

July 18, 2023 @ 10:13 pm By Omar Faridi  |  

On July 13, 2023, the crypto and blockchain industry got “good news” when Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled that Ripple did “not violate securities law in selling its token (XRP) via public exchanges,” the… Read More

July 18, 2023 @ 9:07 am By Omar Faridi  |  

Coin Metrics has taken a data-driven look at digital asset markets after a milestone ruling in the US Securities and Exchange Commission (SEC) v. Ripple Kyle Waters and Matias Andrade Cabieses from Coin Metrics noted in a detailed report that we’ve witnessed a significant development… Read More

July 18, 2023 @ 8:57 am By Omar Faridi  |  

We recently connected with Dr. Shira Brezis, CEO & Co-founder of Redefine, the “first” end-to-end security tech for DeFi investors. Dr. Shira discussed major issues financial institutions are concerned about regarding safety and security for web3 investing. Redefine helps enable secure transactions, monitor in real-time,… Read More

July 17, 2023 @ 9:38 am By JD Alois  |  

John Berlau, a policy expert in financial services at the Competitive Enterprise Institute (CEI), has shared his thoughts on the recent court ruling regarding the legal battle between the Securities and Exchange Commission (SEC) and Ripple along with its founders. Berlau notes that XRP was… Read More

July 14, 2023 @ 12:23 pm By JD Alois  |  

The court ruling on the SEC v. Ripple – XRP case has generated renewed hope that the SEC will have to back away from its current regulation-by-enforcement approach when it comes to digital assets. CI has received multiple comments from industry insiders and digital asset… Read More

July 13, 2023 @ 10:36 pm By Omar Faridi  |  

The Core PCE index is revealed today. Therefore Bitcoin could reach $36 000, with another 2 key indicators suggesting potential growth opportunities in the background, according to  crypto hedge fund manager Thomas Kralow. Here are 3 key catalysts for Bitcoin’s growth: Thomas Kralow, a crypto… Read More

July 13, 2023 @ 6:47 pm By JD Alois  |  

As was reported earlier today, the courts have issued a ruling on the Ripple-XRP lawsuit filed by the US Securities and Exchange Commission. In brief, the courts have filed an order that was a partial victor for Ripple and its executives. CI has received multiple… Read More

July 13, 2023 @ 5:44 pm By JD Alois  |  

The tight lending market has impacted smaller firms and compelled some business borrowers to look elsewhere for capital. As interest rates have risen and banks have pumped the brakes on lending, online platforms – including funding portals, have stepped in to take the place of… Read More

July 13, 2023 @ 3:37 pm By JD Alois  |  

Ripple scored a victory today as the courts have now ruled that the sale of XRP on crypto exchanges did not violate US securities law in a partial win for the digital asset firm. The ruling helped to drive the value of XRP higher –… Read More

July 12, 2023 @ 10:45 am By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement on the court’s decision to rule against the Federal Trade Commission’s (FTC) attempt to block the merger of Microsoft’s acquisition of Activision-Blizzard. In brief, the Judge, Jacqueline Scott Corley, found that the FTC… Read More

July 11, 2023 @ 11:07 pm By Barry James  |  

Some environments can induce a kind of dream-like state in people overcome by their grandeur. You’d think that Bank of England Governor Andrew Bailey, the ‘Banker’s Banker’ would be over this by now — but no! In this year’s Mansion House speech, we were treated to his vision of… Read More

July 11, 2023 @ 10:07 pm By Omar Faridi  |  

    Bradley Duke, Founder and Chief Strategy Officer at the crypto ETP provider ETC Group has shared key insights on the Standard Chartered (LON: STAN) Bitcoin (BTC) price predictions report. It was mentioned in Reuters this week that Standard Chartered announced in a research… Read More

July 10, 2023 @ 5:51 pm By Emily Strack  |  

Venture capital financing plays a crucial role in funding the growth and expansion of startups. However, the path to success is not always smooth, and companies may, at certain points in their lifecycle, need to raise capital on less-than-ideal terms. In today’s challenging economic climate,… Read More