Tagged: perspective

December 13, 2019 @ 6:27 pm By JD Alois  |  

There is a lot of hype and hyperbole in the digital asset sector when it comes to securities or utility tokens. To date, the talk has far overshot the reality but that doesn’t mean that advocates aren’t on to something. Part of the discussion revolves… Read More

December 10, 2019 @ 10:48 pm By Alexey Ermakov  |  

After the parabolic bull run of 2017, the last two years were pretty much a bearish phase. New lows were created, bounces and new projects were spread thinly apart.  As we look forward to 2020, expectations of another massive crypto rally, interesting projects and the… Read More

December 9, 2019 @ 10:15 pm By Cali Haan  |  

As the price of Bitcoins sailed parabolically from $3500 USD to $20 000 USD in the latter half of 2017, retail investors were advised to snap up cryptocoins quickly before “the institutions” stepped in and ruined opportunity forever. As mainstream media warned of a bubble,… Read More

December 9, 2019 @ 5:00 am By Jonathan J. Attia and Thibault Verbiest  |  

We have deliberately chosen to limit our presentation, for pedagogical reasons, to the four fundamental periods represented by the emergence of Bitcoin, Ethereum, Libra and CBDCs (Central Bank Digital Currency) because no other event (derived or similar project) has had such an impact on the… Read More

December 9, 2019 @ 1:49 am By JD Alois  |  

A report by global consulting firm AT Kearney recently addressed the emergence of digital challenger banks. Published last week, and authored by Simon Kent and Danil Makarov, the research states that  challenger banks are “already mainstream” and if old school high street banks don’t wake… Read More

December 5, 2019 @ 6:52 pm By JD Alois  |  

The Banque of France will begin testing a Central Bank Digital Currency (or CBDC) in 2020, according to a report in Les Echos – the leading business publication of France. Quoting François Villeroy de Galhau, the Governor of the Banque of France, who was speaking… Read More

December 3, 2019 @ 1:58 pm By JD Alois  |  

Benoît Cœuré, the outgoing European Central Bank Executive Board Member – and an individual some thought was the best person to lead ECB before Christine Lagarde was selected, has delivered an interesting speech in Brussels lambasting the state of the European Union and the lack… Read More

December 3, 2019 @ 10:00 am By JD Alois  |  

Innovations in financial services continue to rapidly evolve. Some early leaders have dimmed as markets have changed while new approaches on Fintech have emerged. What is clear to all, the digitization of finance is occurring at a steady pace. Technology is best when it is… Read More

December 2, 2019 @ 9:13 am By JD Alois  |  

The Securities and Exchange Commission (SEC) announced a significant review of the securities exemption ecosystem in June of this year. During the past few decades, the Commission, with some help from Congress, has updated and added to the many rules that regulate private securities offerings…. Read More

November 28, 2019 @ 8:43 am By JD Alois  |  

This week, the Ontario Securities Commission (OSC) published a report on how it intends to dramatically reduce the regulatory burden in Canada’s most economically robust province. The report was completed after a 12 month review period and supported by the Ontario Ministry of Finance. Governments… Read More

November 26, 2019 @ 3:44 pm By JD Alois  |  

On November 12, the Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee, met in Washington, DC to discuss several important issues that impact small businesses in the US. As one would expect, the discussion included the ongoing challenge of providing access to… Read More

November 25, 2019 @ 11:16 am By JD Alois  |  

Crypto centric digital news site The Block is making some news about itself. Last week, the Block reported on an alleged shutdown of a Binance office located in Shanghai. As most crypto followers know, cryptocurrency trading is illegal in China – even while the Chinese… Read More

November 25, 2019 @ 7:59 am By JD Alois  |  

As predicted last week, online broker Charles Schwab (NYSE:SCHW) has announced the purchase of TD Ameritrade (NASDAQ:AMTD) in a deal worth $26 billion. According to Schwab, the all-stock transaction represents a 17% premium of TD Ameritrade’s average share price as of November 20, 2019. Shares… Read More

November 21, 2019 @ 7:33 am By JD Alois  |  

Two titans in the online brokerage space are preparing to merge, according to multiple reports. Schwab and TD Ameritrade are poised to combine operations in a deal that could be finalized as soon as today for an estimated $26 billion purchase. The move to consolidate… Read More

November 19, 2019 @ 7:23 pm By JD Alois  |  

Last week, Crowdfund Insider referred to several Securities and Exchange Commission (SEC) enforcement actions that addressed the sale of unregistered securities by issuers of initial coin offerings (ICOs). Penalties assessed by the SEC are now coming due for several prominent enforcement actions brought by the… Read More

November 19, 2019 @ 6:11 pm By JD Alois  |  

Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert published an Op-Ed today which appeared in Fortune as well as the CFTC website. Tarbert called for a more principles-based approach regarding Fintech innovation – not more rules. Tarbert said that a principles-based approach can provide the… Read More

November 18, 2019 @ 1:00 pm By JD Alois  |  

Periodically, Crowdfund Insider revisits the Reg CF sector of online capital formation. Reg CF or “Regulation Crowdfunding” may have garnered most of the attention from popular media but really there are three individual crowdfunding exemptions including Reg A+ and Reg D 506c. Under Reg A+… Read More

November 13, 2019 @ 11:05 am By JD Alois  |  

The Independent Community Bankers of America (ICBA) has issued a statement of “strong support” regarding pending legislation targeting Industrial Loan Charters (ILC). An ILC is a regulated financial services charter that may be held by non-financial institutions. ILCs may hold FDIC insured deposits – a… Read More

November 13, 2019 @ 9:32 am By JD Alois  |  

Global tech giant Google is pushing further into Fintech with the revelation of a forthcoming consumer checking service. First reported in WSJ.com, Google is expected to partner-up with Citigroup, along with a small credit union at Stanford University, to provide checking accounts. The project is… Read More

November 12, 2019 @ 9:53 am By JD Alois  |  

Last week, a meeting of the Securities and Exchange Commission (SEC) Investor Advisory Committee (IAC) held a meeting. On the agenda was the topic of the SEC’s concept release on regulatory harmonization. The concept release was initiated in recognition of the current ecosystem of private… Read More