Tagged: compliance

November 29, 2019 @ 6:00 pm By Omar Faridi  |  

Zilliqa, a blockchain-based platform that aims to deliver high-throughput and high-security, has teamed up with Elliptic, a provider of digital asset risk management software for crypto firms and financial institutions. According to a press release shared with Crowdfund Insider, the partnership between Zilliqa and Elliptic… Read More

November 28, 2019 @ 10:18 am By Omar Faridi  |  

CipherTrace, an established crypto and blockchain intelligence company, has published its Q3 2019 Cryptocurrency Anti-Money Laundering (AML) report. The report addresses “cryptocurrency regulation, nefarious actors within the ecosystem, impending legislation, international trends and prevailing sentiments,” according to a press release shared with CrowdFund Insider. The… Read More

November 22, 2019 @ 4:00 pm By Omar Faridi  |  

TRM, a digital currency compliance and risk management service provider, recently revealed that it has acquired $4.2 million in funding from Blockchain Capital, Initialized Capital, PayPal Ventures, and Y Combinator. As noted in a release, TRM has raised a total of $5.9 million through its… Read More

November 9, 2019 @ 7:17 pm By Omar Faridi  |  

San Francisco-based Wells Fargo, the fourth-largest bank in the US by total assets, and Dutch banking giant ING led a $19.3 million round in Chicago-based Regtech firm Ascent Ascent provides a cloud-based platform that helps financial services providers to keep their business operations compliant. The… Read More

October 20, 2019 @ 12:20 pm By Omar Faridi  |  

The global Regtech market was valued at $2.45 billion in 2017 and is projected to reach an estimated $12.43 billion by 2026, at a compounded annual growth rate (CAGR) of 22.51%. Regtech refers to set of tools developed to enhance the efficiency and effectiveness of… Read More

October 2, 2019 @ 12:32 pm By Samantha Hurst  |  

Global blockchain payments provider BitPay announced earlier this week it successfully completed the Service Organization Control 2 (SOC 2) compliance review, which was conducted by business advisory firm. Aprio. BitPay reported that its customers now have third party confirmation that the design, implementation, and operation of its security… Read More

April 16, 2019 @ 11:00 pm By JD Alois  |  

Mitsubishi UFJ Financial Group (MUFG), via MUFG Innovation Partners (MUIP), has invested in Chainalysis – a provider of cryptocurrency compliance solutions. MUIP invested $6 million into Chainanalysis as part of a $36 million Series B funding round. The Series B was announced in February. Mitsubishi… Read More

March 28, 2019 @ 4:58 am By Erin Hobey  |  

In mid-March, Taiwan-based blockchain security company CoolBitX, creator of CoolWallet S, a Bluetooth mobile hardware wallet for digital assets, has created a tech partnership with the Asia Blockchain and Crypto Association (ABACA), the appointed Self-Regulatory Organization (SRO) of the Philippine government agency Cagayan Economic Zone Authority… Read More

May 18, 2017 @ 4:59 am By Erin Hobey  |  

A large majority (75%) of anti-money laundering (AML) professionals believe the current geopolitical landscape presents new risks and challenges for preventing financial crime at their organisations, according to a joint survey by SWIFT and Dow Jones Risk & Compliance. To address these risks, more than half… Read More

May 4, 2017 @ 4:23 pm By Jonathan Nieh  |  

Speaking on a panel at the 4th Annual CrowdfundingUSA Conference today, Sarah Hanks, CEO and Founder of CrowdCheck Inc., talked about some of the compliance issues facing Regulation CF issuers. Issuers Are Not Filing Annual Reports One of the biggest issues discussed was the ongoing reporting… Read More

May 4, 2017 @ 3:51 am By Jonathan Nieh  |  

Last week, TABB Group released a report entitled “Financial Markets: Embracing RegTech” which focused on the growing issue of increasing regulatory compliance facing financial institutions today. TABB Group is an international research and consulting firm focused on capital markets. Problem: Increasing Regulations Post-2008 The global financial… Read More

March 8, 2016 @ 1:43 pm By Samantha Hurst  |  

Real estate crowdfunding software provider, Katipult, announced this week it is looking to establish its compliance solution in various countries outside the U.S. including UK, Singapore, Australia & Canada.  The announcement came at a private investor event facilitated by the Global Fintech Group, where the company… Read More

December 21, 2015 @ 7:45 am By Erin Hobey  |  

  “We believe the potential of crowdfunding is not about a single company or single crowdfunding platform.  It is about the evolution from an institutional framework for allocating capital (otherwise known as banks, funds, and foundations) to a more individually driven framework enabled by existing and… Read More

December 13, 2014 @ 6:08 am By JD Alois  |  

Title II of the JOBS Act allowed companies raising capital using private placements to advertise the investment opportunity.  Think about it.  If you were trying to sell your house but were not allowed to advertise it would be pretty hard.  Well “general solicitation” as it… Read More

April 15, 2014 @ 10:43 am By Charles Luzar  |  

Intrastate crowdfunding exemptions are on the rise as legislators continue to exhibit interest in allowing small businesses to raise money online. However, several questions remain regarding how to effectively advertise these offerings without running afoul of securities regulations. According to an article in the National… Read More

March 11, 2014 @ 10:59 am By JD Alois  |  

SeyfarthLean Consulting, a sister company associated with Chicago based global law firm Seyfarth Shaw, is entering a new business.  Recognizing the dynamic changes the future holds with the advent of the JOBS Act and crowdfunding, the firm saw opportunity in a new emerging type of securities… Read More

January 9, 2014 @ 8:21 am By JD Alois  |  

On the calendar for January 30, 2014 is the Securities and Exchange Commissions (SEC) Compliance Outreach Program National Seminar 2014.   Outside of an expected welcome from Chair Mary Jo White the event will address a wide range of topics on compliance and enforcement issues…. Read More

December 16, 2013 @ 10:13 am By Charles Luzar  |  

Crowd Valley is a white label crowdfunding service provider providing end-to-end solutions for those looking to launch crowdfunding platforms. The company has now announced a partnership with Sapphire Capital Partners LLP, an FCA-authorized firm specializing in alternative invesments, and specifically EIS and SEIS compliance. This… Read More

May 15, 2013 @ 7:58 am By Charles Luzar  |  

Title III of the JOBS Act stands to legalize the participation of non-accredited investors in crowdfunding offerings. One of the wildcards in the approach up to the implementation of Title III is the cap on how much an individual is allowed to invest per year,… Read More

April 25, 2013 @ 6:27 pm By JD Alois  |  

BancBox, a leading payment services provider, announces today the public launch of BancBox Crowd, the first independent escrow service for equity, debt and revenue share crowdfunding portals. Additionally, the company is announcing partnerships with leading crowdfund investing services 99Funding, SoMoLend, and Localstake. “The services provided by… Read More