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FINRA Posts Regulatory Notice on Digital Assets

FINRA, the regulator of broker-dealer in the US, has posted a notice on digital assets encouraging firms to “notify FINRA if they engage in activities related to digital assets.” The notice appears to be more of an extension to en existing request. FINRA states: “Last... Read More The post FINRA Posts

Facebook Finds Few Friends on House Financial Services Committee as Libra Head David Marcus Endures Skepticism for its Crypto Plan

This past week much of the Fintech news was dominated by hearings in Congress addressing Facebook’s plan to launch a global, blockchain-based, payments platform using a stablecoin, of sorts, as a foundation. This global currency, which may be able to challenge sovereign currency, is said... Read More The post Facebook Finds

Mexican Cryptocurrency Platform Bitso Secures Distributed Ledger Technology License From Gibraltar Financial Services Commission

Bitso, a Mexico-based cryptocurrency platform, announced on Thursday it secured a Distributed Ledger Technology license from the Gibraltar Financial Services Commission (GFSC). Bitso reported that stating August 1st the custody, withdrawals deposits, and trading of cryptocurrencies made on its platform will be regulated by the... Read More The post Mexican Cryptocurrency

Mambu Signs First Brazilian Client Acesso

Mambu, a Berlin-based SaaS banking platform provider, recently announced it has formed it has signed its first Brazilian client, Acesso, a financial services company specializing in issuing and managing prepaid cards with a reputation for setting benchmarks in the country. Founded in 2010,  Acesso currently... Read More The post Mambu Signs

Australian Couple Lost $900 000 AUD in Retirement Savings to Crypto Scam

An Australian couple in the 70’s have lost their entire retirement savings -$900 000- in a cryptocurrency scam, 7News reports. “That was the whole of our superannuation – That’s now gone,” Mike Taylor told the outlet. Mike and Karen Taylor were traveling Australia in a... Read More The post Australian Couple

Ethic Secures $13 Million Through Series A Funding Round Led By Nyca Partners

Ethic Inc., a U.S. asset management platform that powers sustainable investment portfolios, announced on Thursday it secured $13 million through its Series A funding round, which was led by Nyca Partners with participation from Sound Ventures, Fidelity Investments, ThirdStream Partners, Urban Innovation Fund and Kapor... Read More The post Ethic Secures

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