Executive Committee of the Saudi-Emirati Coordination Council Holds First Meeting; Announces Launch of Saudi-Emirati Pilot Cryptocurrency

The Executive Committee of the Saudi-Emirati Coordination Council reportedly held its first meeting in Abu Dhabi with the participation of all 16 members from both sides to follow up on the execution of the joint initiatives outlined in the Strategy of Resolve. According to UAE’s... Read More The post Executive Committee

Blackmoon Partners With Dr. Werner & Partner to Create New ETx

Blockchain fintech company, Blackmoon, announced last week it has formed a new partnership with Dr. Werner & Partner, a network of attorneys, experts for international compliance and international tax law, to create a branded Exchange Traded Index (ETx). This news comes just days after Blackmoon announced its... Read More The post Blackmoon Partners

Cryptocurrency Gains Officially Taxable in Chile

“Due to the boom that the commercialization of these assets,” profits from the sale and trading of bitcoins and other cryptocurrencies are now taxable in Chile, Diario Bitcoin reports. Chilean tax authorities have added a special provision to tax form 22, a deliberately vague, catch-all... Read More The post Cryptocurrency Gains

Seven Charged in Taiwan Crypto Investment Case

Seven individuals have been arrested in Taiwan and charged with operating a crypto investment scheme police believe defrauded 1000 investors out of $51 million USD, Focus Taiwan reports. The seven are charged with “violating multiple banking and business…laws” covered by Taiwan’s Banking and Multi-Level Marketing Supervision acts. Among... Read More The post Seven Charged

Corruption at DJI may cost the company $150 million

DJI, the world’s leading maker of consumer drones, said today that extensive corruption discovered within the company could lead to losses as great as $150 million in the 2018 financial year. The exact nature of the corruption is not stated, but it seems to involve dozens of

Investment Platform For Equitable Development Projects Blueprints Launches Crowdcube Round to Raise £950,000 in Funding

Blueprints, a UK-based investment platform for equitable development projects, is now seeking £950,000 through its new equity crowdfunding campaign on Crowdcube. Founded in 2016, Blueprints’ mission is to empower the growth of developing regions by providing citizens globally with the tools to build equitable societies in a... Read More The post Investment Platform

UK Digital Platform WorldLabs Now Seeking £400,000 Through Seedrs Funding Round

WorldLabs, a UK-based digital platform that connects innovators around the world, is now seeking 400,000 through its equity crowdfunding campaign on Seedrs. Launched in mid-2018, WorldLabs revealed that thousands of innovators have already joined its platform to apply for funding contests along with connecting with other... Read More The post UK Digital

In France, SME “Crowdlending” Delivered 18% Growth in 2018

According to a report from Mathieu George of Crowdlending.fr, the SME peer to peer lending market in France delivered decent growth during 2018. Overall, the market grew by 18% led by October – €59.6m (formerly known as Lendix) followed by Credit.fr – € 20.1m  and then... Read More The post In France,

Security Token Offerings: A Cautionary Tale of Reg D Offerings

In 2012 the Jumpstart Our Business Startups (JOBS) Act was signed into law by President Barack Obama. It required the SEC to write rules and issue studies on capital formation, disclosure, and registration requirements. There were three main areas that the investment community took notice... Read More The post Security Token

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