March 29, 2023 @ 9:33 pm By JD Alois  |  

LCX has announced tokenized bond offerings describing the digital asset as transforming the availability of compliant staking. According to a company statement, the bonds are collectively valued at €40 million, consisting of four security tokens, EURt7, BTCt7, ETHt7, and LCXt7, and are documented by a… Read More

March 29, 2023 @ 9:24 pm By JD Alois  |  

ETC Group says it will list the first crypto ETP [exchange traded product] based on an MSCI index. The ETC Group MSCI Digital Assets Select 20 ETP is expected to list on Germany’s Deutsche Börse XETRA in April. According to ETC Group, the ETP will… Read More

March 29, 2023 @ 9:16 pm By JD Alois  |  

Crypto exchange Okcoin has issued a brief statement indicating it will return funds related to the FTX and Alameda bankruptcy cases. According to Okcoin, it wil return $8.2 million in frozen assets related to Alameda Research. The company notes that FTX debtors filed a motion… Read More

March 29, 2023 @ 9:10 pm By JD Alois  |  

Australian Fintech MoneyMe (ASX:MME) has raised A $37 million in equity capital, according to a statement by the company. MoneyMe is a digital lender serving consumers. It was reported earlier this week that MoneyMe founder and CEO Clayton Howes was seeking to raise capital in… Read More

March 29, 2023 @ 8:51 pm By Omar Faridi  |  

Remittances are not only a lifeline for millions of migrant workers and their families, they are also vitally important “for the prosperity of many developing economies around the world,” according to an update from Visa (NYSE: V). As the amount of global remittance inflows continues… Read More

March 29, 2023 @ 8:49 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced the opening of its new technology center in Pune, India. The center will “augment Cowbell’s existing development centers in Pleasanton, California; Plano, Texas; and Toronto, Canada, and extend the company’s global… Read More

March 29, 2023 @ 8:27 pm By Omar Faridi  |  

Salv, a Regtech company specialising in collaborative crime-fighting, has partnered with a global identity verification provider Veriff in order “to strengthen the fight against financial crime.” Having Salv‘s modular crime-fighting platform “available for Veriff’s customers gives them a comprehensive compliance toolset and access to the… Read More

March 29, 2023 @ 7:10 pm By Omar Faridi  |  

SMEs are at the heart of our economy and financial institutions need to do more to help them. It has been found that they play a central role in financial inclusion, representing around 90% of businesses globally and more than 50% of employment worldwide, according… Read More

March 29, 2023 @ 6:53 pm By Omar Faridi  |  

Mars Growth Capital and Liquidity Group, a technology firm that has become the industry’s “fastest-growing” lender to mid-market, late-stage companies globally by automating the entire debt lending cycle, announced a $30M funding deal with Fashinza, an AI-driven B2B marketplace for global fashion supply chains. The… Read More

March 29, 2023 @ 6:44 pm By Omar Faridi  |  

Coinme, a cryptocurrency cash exchange in the U.S., and the Stellar Development Foundation, a non-profit organization that supports the development and growth of the Stellar network, announced the release of Circle’s USDC on Stellar throughout the Coinme wallet and Coinme’s global cash onramp and offramp… Read More

March 29, 2023 @ 4:39 pm By Omar Faridi  |  

Global payments technology company, Brightwell, announced that it is making it easier for fintechs, money transmitters, and prepaid and banking providers to integrate real-time payment technology into their solutions utilizing ReadyRemit via Visa Direct. Through this collaboration, Brightwell customers can “launch a fully managed cross-border… Read More

March 29, 2023 @ 1:24 pm By Omar Faridi  |  

Capitolis, the technology company reimagining capital markets, announced a significant innovation to its automated novation service in foreign exchange (FX): it can now novate agency trades while maintaining anonymity. This reportedly “unlocks more of the FX options market for novations by including agency flow and… Read More

March 29, 2023 @ 1:09 pm By JD Alois  |  

Republic, the largest securities crowdfunding platform in the world, has announced a webinar next week to review its new approach to Republic Note. Republic Note was originally designed to be a digital asset issued under the Reg A+ securities exemption. The security was designed to… Read More

March 29, 2023 @ 11:35 am By JD Alois  |  

The Securities and Exchange Commission has charged the crypto exchange beaxy (beaxy.com) and its executives with operating an unregistered national securities exchange, broker, and clearing agency. The SEC states that it has also charged the founder of the platform, Artak Hamazaspyan, and Beaxy Digital, Ltd.,… Read More

March 29, 2023 @ 11:22 am By JD Alois  |  

Freeport, an online investment marketplace for tokenized art, says the Securities and Exchange Commission has completed the review of its offering documents, and it anticipates qualification soon. Freeport will be leveraging the Reg A+ securities exemption to offer investors to participate in art investment. Freeport… Read More

March 29, 2023 @ 11:06 am By JD Alois  |  

CipherTrace, acquired by Mastercard (NYSE: MA) in 2021, has posted a report on money laundering and crypto crime. This report focuses on “dark markets” and “cross-chain bridges” as well as trends in nefarious activities like AML/KYC transgressions, fraud, hacks, and theft. The notes that at… Read More

March 29, 2023 @ 10:47 am By Omar Faridi  |  

Onbe, a disbursements financial technology company, announces the launch of Send to Wallet. An “early to market” offering, Send to Wallet, gives users the ability “to add their virtual card quickly, simply, and securely to their preferred mobile wallet, from a web browser, without downloading… Read More

March 29, 2023 @ 10:42 am By JD Alois  |  

StellarFi has raised $15 million in Series A funding following its $7.2 million Seed round in March 2022, bringing total funding to over $22 million. The funding was led by Acrew Capital with the participation of ATX Venture Partners, Trust Ventures, Dream Ventures, Interplay, Accomplice… Read More

March 29, 2023 @ 10:27 am By JD Alois  |  

Yesterday, crypto exchange beaxy announced that it would cease operations. The notice was provided in advance of the Securities and Exchange Commission announcing an enforcement action against the firm and affiliated entities and individuals. All investors that held assets on the platform were assured they… Read More

March 29, 2023 @ 9:26 am By Omar Faridi  |  

MakerDAO, which claims to be the longest-standing DeFi lending protocol and creator of DAI, the original, “decentralized” stablecoin, has announced the approval of the Maker Constitution. Succeeding in a Governance Poll on the MakerDAO forum, The Maker Constitution will gradually “change the operations of MakerDAO,… Read More