Tagged: perspective

July 21, 2022 @ 7:26 pm By JD Alois  |  

While Fintech investment may be slowing in other markets, the United Kingdom appears to be bucking the trend. In a “Summer Investment Report,” Innovate Finance puts a pen to the numbers and they are encouraging. The organization states that during the first 6 months of… Read More

July 18, 2022 @ 5:17 pm By Chris Sloan  |  

  Non-fungible tokens, commonly called NFTs for short, have become an increasingly popular digital asset, especially in light of some eye-popping sale transactions involving Jack Dorsey’s first tweet, Bored Ape NFTs, NBA Top Shots Moments, and a number of other digital works of art. However,… Read More

July 7, 2022 @ 1:09 pm By Collette Allen  |  

The entire world is on edge with the events unfolding in Ukraine. As NATO responds and sanctions have been imposed on Russia, what does this mean for businesses? As part of an overall Anti-money laundering and fraud protection strategy, screenings performed for new clients prevent… Read More

July 5, 2022 @ 4:57 pm By JD Alois  |  

MiCA, Markets in Crypto Assets legislation, is still being digested by industry insiders. The goal is to provide a regulated path for digital asset innovation – sufficient protections to guard against abuse but still empowering industry participants to create new products and services within a… Read More

July 4, 2022 @ 10:34 am By JD Alois  |  

Uphold, a crypto trading platform that is registered with the UK Financial Conduct Authority (FCA), is calling a bottom in the crypto markets. Since the beginning of 2022, digital assets have tumbled in value. At one point in 2021, crypto hovered around $3 trillion in… Read More

July 2, 2022 @ 8:14 am By Jairo Riveros  |  

Cryptocurrency is gaining traction with investors, businesses, and even Uncle Sam this year. Despite being around for over a decade, the global cryptocurrency market is now worth over $1 trillion. At the end of February, the 24-hour average trading volume of all cryptocurrencies across the… Read More

June 28, 2022 @ 7:09 pm By JD Alois  |  

In 2020, the Securities and Exchange Commission approved several improvements for securities crowdfunding. One of the most impactful updates was raising the funding limit under Reg CF to $5 million from $1.07 million. Prior to this, many industry insiders viewed the old funding cap as… Read More

June 20, 2022 @ 5:13 pm By JD Alois  |  

While Barry Silbert, founder and CEO of Digital Currency Group, says he is buying Bitcoin right now, others are not so convinced the bottom is in. Shayne Higdon, co-founder and CEO of the HBAR Foundation, believes there is more pain on the way. HBAR Foundation… Read More

June 19, 2022 @ 7:24 pm By JD Alois  |  

Barry Silbert, CEO and founder of Digital Currency Group – the parent company of Grayscale, Genesis Trading, and more, says they are buying Bitcoin as the world’s most popular crypto trolls 52-week lows. The tweet has been liked almost 12,000 times – probably by beleaguered… Read More

June 16, 2022 @ 10:08 am By JD Alois  |  

SEC Commissioner Hester Peirce posted a speech this week that addresses crypto markets and regulation. Commissioner Peirce has long taken a thoughtful approach in regards to digital asset innovation while generally being supportive Fintech. Peirce mentioned the bipartisan legislation published this month that aims to… Read More

June 13, 2022 @ 8:11 am By JD Alois  |  

There is a rush for the exits in the crypto markets it seems. Yesterday, Celsius – a “new economy” digital asset platform that provides services similar to banks but with crypto, announced it was halting all withdrawals, transfers, and swaps due to the collapsing market…. Read More

June 10, 2022 @ 5:35 pm By JD Alois  |  

Inflation continues to rocket higher with no end in sight. Today, the US Bureau of Labor Statistics reported that prices rose by1% in May driving the annual rate of inflation to 8.6% – a 40-year high. All prices are going up but perhaps most acutely… Read More

June 9, 2022 @ 11:43 am By JD Alois  |  

The Competitive Enterprise Institute (CEI), a free market-focused think tank that supports innovation in financial services, has posted a comment letter forward to Senator Patrick Toomey, ranking member of the Senate Banking Committee and advocate of the JOBS Act 4.0. Earlier this year on the… Read More

June 7, 2022 @ 4:12 pm By JD Alois  |  

John Berlau, a securities and regulatory expert at the Competitive Enterprise Institute (CEI) has shared his initial thoughts on the bi-partisan legislation posted today by Senators Kirsten Gillibrand and Cynthia Lummis. Berlau, long a supporter of beneficial Fintech innovation believes the legislation is a solid… Read More

June 7, 2022 @ 3:41 pm By JD Alois  |  

Earlier today, Senators Cynthia Lummis and Kirsten Gillibrand revealed their bi-partisan legislation to apply regulatory clarity to the growing digital asset ecosystem in the US. For years now, the crypto industry has desired bright-line rules to provide compliant offerings and regulated platforms, yet regulators have… Read More

June 7, 2022 @ 11:31 am By JD Alois  |  

Yesterday, during Apple’s (NASDAQ:AAPL) annual WWDC keynote, Apple announced an entry into the buy now – pay later (BNPL) sector of Fintech. Under Apple Pay Later, iPhone users may choose to pay over time without any additional fees or interest charges. Apple already allows purchases… Read More

June 3, 2022 @ 4:13 pm By JD Alois  |  

The New York state legislature has approved a bill that would commence a moratorium on crypto mining operations. The bill was designed as an attempt to mitigate emissions caused by crypto mining which tends to be an energy-intensive process as servers compete to create and… Read More

June 2, 2022 @ 3:39 pm By JD Alois  |  

It was reported earlier that the US Department of Justice had announced its first arrest and pending case against an individual that utilized insider information to trade digital assets. A former OpenSea manager has been charged with leveraging his position and insider knowledge at the… Read More

May 30, 2022 @ 12:28 pm By JD Alois  |  

Speaking recently at the DC Blockchain Summit, acting Comptroller of the Currency Michael Hsu took the crypto industry to task in light of the spectacular collapse of TerraUSD (UST) – an aspiring algorithmic stablecoin that failed in its mission. Hsu lambasted the sector of Fintech… Read More

May 27, 2022 @ 6:33 pm By JD Alois  |  

Reg A+ is one of three exemptions created under the JOBS Act of 2012 that legalized online capital formation or securities crowdfunding. Reg CF (Regulation Crowdfunding) initially allowed issuers to raise just $1.07 million (now $5 million), while Reg A+ allowed firms to raise up… Read More