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Iran State Cryptocurrency “Ready”

The Iranian minister responsible for information and communications technology, Mohammad Javad Azari-Jahromi, has announced that a cryptocurrency it developed with the ministry’s Post Bank is “ready,” Reuters reports. Iranian State news agency IRNA has reported that the state’s cryptocurrency will be exempted from a ban… Read More

Federal Reserve of St. Louis: No Reputable Central Bank Would Issue a Decentralized Virtual Currency

The Federal Reserve of St. Louis recently published a paper entitled “The Case for Central Bank Electronic Money and the Non-case for Central Bank Cryptocurrencies. In brief, authors Aleksandr Berentsen and Fabian Schär don’t think much about central bank utilization of crypto. The duo states:… Read More

Five Points Brewing Surpasses £950,000 During the Final Days on Crowdcube

With its equity crowdfunding campaign set on Crowdcube to close later this week, UK-based Five Points Brewing Company has successfully secured more than £950,000 thanks to over 1350 investors. The funding round was launched last month and quickly secured its initial £750,000 funding target. Founded in 2013,… Read More

Max Keiser and Stacy Herbert Espouse the Global Urgency of Bitcoin

Soft spoken computer scientist Adam Back, one of the most important figures in the technical history of Bitcoin, had a hard act to follow after Max Keiser and Stacy Herbert burned down the stage presenting their gleeful and anarchic brand of Bitcoin-boosting. “The era of… Read More

Meet the Drapers Gets Picked Up by Sony Pictures Networks for Season Two

Season two of Meet the Drapers has received a nice boost as Sony Pictures Networks has picked up season two of the venture capital meets investment crowdfunding series. The series will be carried in over 150 countries with the news. The Drapers, Bill, Tim and Jesse,… Read More

Italy Launches New Trade Association ItaliaFintech

  Italy is joining a growing roster of countries that have established Fintech associations designed to guide emerging innovations in finance. According to a note from the organizers, ItaliaFintech currently represents 19 companies that, in aggregate, have about 1 million clients while managing € 450 million… Read More

Small Town in State of New York Imposes Moratorium on Energy Hungry Cryptocurrency Mining

Cryptocurrency is hot right now and the prospect of being able to turn a computer on and earn money has attracted both big money and small. Mining cryptocurrencies like Bitcoin has been lucrative in the past but it is getting more expensive. Mining of Bitcoin… Read More

Here is the CFTC Document Outlining the Whistleblower Plan for ICO Pump & Dump Scams

The Commodity Futures Trading Commission (CFTC) has a Whistleblower program in place regarding pump and dump schemes for virtual currencies and digital tokens. Virtual currencies would line up with Bitcoin, Ethereum etc. while digital tokens are from the thousands of initial coin offerings that blur… Read More

BnkToTheFuture Files $30 Million Reg D with SEC

BnkToTheFuture has filed a Reg D 506c indicating its intent to raise $30 million. The recent filing, under the entity of BnkToTheFuture BFT SP – a Segregated Portfolio of BnkToTheFuture Capital SPC, with the Securities and Exchange Commission (SEC) stated the first sale commenced on February… Read More

Commonwealth Bank of Australia Completes RegTech Pilot With ING

Earlier this week, Commonwealth Bank of Australia (CBA) announced it has completed a regtech pilot with ING to simplify processing of information and implementation of regulation using the Markets in Financial Instruments Directive II (MiFID II) as a test case. According to CBA, the project… Read More

Chief of the IRS Criminal Division is on the Hunt for Cryptocurrency Scofflaws

In March of 2014, the Internal Revenue Service issued  an FAQ on digital currencies and the tax treatment of transactions in crypto like Bitcoin. In brief, the IRS said that virtual currency should be treated as property for U.S. federal tax purposes. “General tax principles that… Read More

Online Lending Platform Upgrade Receives Top Ratings from Lending Tree

Upgrade, Renaud Laplanche’s newest online lending startup , has been recognized the number one personal loan platform by Lending Tree – according to Q4 customer reviews. LendingTree’s rankings are based on a weighted average of overall rating and the total volume of customer reviews and… Read More

Flux Extends Partnership With Starling Bank to Now Offer Digitized Loyalty Rewards

UK-based fintech Flux announced on Tuesday it has extended its partnership with Starling Bank by integrating digitized loyalty rewards directly into the bank’s mobile app. According to Flux, the new integration marks the second stage in a successful partnership between Flux and Starling, which last September unveiled… Read More

2017 Success: Crowdcube Spain Raised €7 Million for 21 Spanish Companies (Infographic)

Crowdcube Spain posted its 2017 recap today, celebrating 7,062,000 euros raised for 21 Spanish companies, nearly doubling the 3.6 million euros raised on the platform in 2016. During 2017, Crowdcube Spain also successfully closed several international rounds which  enabled global  investors to invest in Spanish companies. “The new… Read More

Overfunding: Beer Line Cleaning Solution Startup FullClear Surpasses £250,000 Funding Target on Crowdcube

FullClear, a UK-based beer line cleaning solution startup, has successfully secured its initial £250,000 funding target from 230 investors through equity crowdfunding platform Crowdcube. The campaign was launched earlier this month. The company describes itself as an advanced beer line cleaning solution that is non-toxic and… Read More

Russian Finance Ministry to Suggest Collecting Taxes on Mining of Cryptocurrency

On Thursday, Deputy Minister Alexei Moiseev announced that the Russian Finance Ministry has reportedly suggested collecting taxes on mining of cryptocurrencies. This tax will be introduced through a new draft law, which was announced earlier this week. According to Russian media outlet, TASS, while sharing details… Read More

Cloud-Based Encrypted Communication Platform The Link App Now Seeking £300,000 Through Seedrs Equity Crowdfunding Round

The Link App, a cloud-based encrypted communication platform, is now seeking £300,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, The Link App describes itself as the ultimate tool for busy law firms looking to thrive in an increasingly competitive market, improve customer service, save… Read More

Update: TOAD Set to Close Crowdcube Round With More Than £800,000 in Funding

With its Crowdcube campaign set to close this weekend, UK-based distillery The Oxford Artisan Distillery (TOAD) has secured nearly 825,000 from more than 650 investors. Launched this past summer, TOAD describes itself as a grain-to-glass distillery producing spirits from heritage grain in bespoke stills.has already achieved 85,000… Read More

Overfunding: Oxford’s Adult Beverage Brand TOAD’s Extended Crowdcube Campaign Secures £750,000 Funding Target

Just days after announcing it was extended its equity crowdfunding campaign on Crowdcube, UK-based distillery The Oxford Artisan Distillery (TOAD) has successfully secured its initial £750,000 funding target.  As previously reported, TOAD was launched in July 2017 and describes itself as a grain-to-glass distillery producing spirits from heritage grain… Read More