Tagged: perspective

November 5, 2020 @ 10:00 am By Lauren Descout  |  

The events of 2020 have caused many people to reassess how they manage their businesses. Treasurers were forced into an unprecedented situation where they had to manage cash and international payments from suppliers and customers at a time of significant uncertainty and instability – all… Read More

November 4, 2020 @ 1:27 pm By JD Alois  |  

Yesterday, the Hong Kong Government announced a consultation to enlist public opinion on legislative proposals designed to enhance anti-money laundering and counter-terrorist financing (AML/CTF) regulation in Hong Kong. Cryptoassets (digital assets) were included in the consultation with the introduction of a licensing regime for virtual… Read More

November 4, 2020 @ 11:18 am By JD Alois  |  

As previously reported, the Securities and Exchange Commission (SEC) has updated the exempt offering ecosystem – changes that impact online capital formation including Reg CF and Reg A+. The amendments published the SEC include funding cap increases to both the aforementioned exemptions while additional updates,… Read More

November 3, 2020 @ 10:43 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission updated rules affecting the exempt offering ecosystem. Many of the changes impact online capital formation and the regulatory environment that issuers may leverage to raise capital online and the ability of platforms to assist in these securities offerings. The… Read More

November 2, 2020 @ 10:00 pm By Ryan Feit  |  

Today marked a major turning point for the private capital markets in America.  While most of the country is squarely focused on the election, the SEC quietly passed dramatic improvements to securities laws for startups, small businesses and investors everywhere.  The SEC’s actions today signified,… Read More

October 29, 2020 @ 11:00 am By JD Alois  |  

This past Tuesday, INX Limited announced that it has agreed to acquire Openfinance, a FINRA regulated broker-dealer and alternative trading system (ATS) in the digital security market. INX Limited is a Fintech with a vision of redefining the world of regulated security tokens and crypto… Read More

October 27, 2020 @ 12:37 pm By JD Alois  |  

    Recently, Kik settled a long legal battle with the Securities and Exchange Commission (SEC). In the end, Kik must pay a $5 million settlement pertaining to an initial coin offering (ICO) that was deemed to be an unregistered security offering. Additionally, for the… Read More

October 22, 2020 @ 3:56 pm By JD Alois  |  

There should not be any question that financial innovation is good for consumers, good for businesses, and good for the economy in general. Fintech is bringing a degree of financial sophistication and inclusion previously unattainable. Underserved or underbanked markets may now access services once available… Read More

October 20, 2020 @ 8:15 am By Brian Williamson  |  

I have been impressed, not only with the economic levers Rishi Sunak, has used to stimulate the economy but with the measured and calm way he has dealt with a crisis that could have been a poison chalice for many another Chancellor. A few weeks… Read More

October 15, 2020 @ 12:00 pm By JD Alois  |  

Last week, the US Department of Justice published a white paper, crafted by the Cyber-Digital Task Force, that outlines its approach to enforcement when it comes to digital assets (or cryptoassets). US Attorney General William Barr issued the following statement on the framework: “Cryptocurrency is… Read More

October 14, 2020 @ 9:00 am By Emma Channing  |  

Back in December, I wrote a piece for Coindesk’s Year in Review 2019 entitled “Security Token Offerings Are (Finally) Set for Takeoff in 2020”.  This was before word of COVID-19 became widespread and before many of the cataclysmic events of 2020 were even imaginable.  Thus… Read More

October 12, 2020 @ 9:00 am By Therese Torris  |  

How did the pandemic impact the P2P crowdfunding sector, the part of alternative fundraising financed exclusively by individual contributors and retail investors? To answer this question, the French crowdfunding association Financement Participatif France (FPF) together with the state bank, Banque des territoires commissioned a study…. Read More

October 11, 2020 @ 10:45 am By JD Alois  |  

Last week, LendingClub (NYSE:LC) filed an 8-K with the Securities and Exchange Commission (SEC) indicating its intent to stop offering retail notes by the end of the year. The leading marketplace lender in the US started as a peer to peer lender but over the… Read More

October 8, 2020 @ 11:30 am By Brian Farber, General Counsel, Securitize  |  

  Tokenization Provides Endless Possibilities for Teams and their Fans. Professional sports have been deeply stitched into the fabric of American society for well over a century, providing a daily source of joy (or pain if you’re a Mets fan), and serving as a refuge… Read More

October 5, 2020 @ 6:00 pm By JD Alois  |  

Last week, BitMEX (Bitcoin Mercantile Exchange), a top crypto/crypto-derivatives exchange that is operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity, was hit with a civil enforcement action emanating from the Commodity Futures Trading Future Commission (CFTC). Simultaneously, a criminal lawsuit by… Read More

October 3, 2020 @ 8:12 am By JD Alois  |  

This past week, Kik, a company that raised over $100 million in an initial coin offering (ICO), lost a long legal battle with the Securities and Exchange Commission (SEC). The courts determined that Kik had raised capital in an unregistered securities offering thus transgressing securities… Read More

October 1, 2020 @ 9:25 pm By Timothy Li  |  

Hey Fintech enthusiasts, Tim here. The last two days of LendIt just flew by. I have to say that I had made the most amount of meetings and connections during this virtual event than the usual in-person event. Why? I teased that why virtual Lendit… Read More

September 30, 2020 @ 1:14 pm By Timothy Li  |  

Tim here, I gotta be honest with you, I’ve attended a handful of virtual conferences this year and LendIt Fintech USA 2020 by far took the top prize home in my books. The production value is top-notch, from the studio look and feel to the… Read More

September 28, 2020 @ 10:00 pm By JD Alois  |  

A Discussion with Franck Guiader of Gide 255 Last week, the European Commission adopted a Digital Finance Package along with legislative proposals on cryptoassets (digital assets). The move had been widely telegraphed by the Commission and, in fact, a draft of the crypto regulation was leaked… Read More

September 25, 2020 @ 3:41 pm By JD Alois  |  

Wyoming is one of several US states that does not assess a state income tax. In the past few years, there has been an exodus of both individuals and companies to these business-friendly states as people vote with their feet. Wyoming is also one of… Read More