JD Alois

President Trump Posts on Truth Social that CFTC Must Oversee Prediction Markets

President Donald Trump has posted on Truth Social that the Commodity Futures Trading Commission (CFTC) must maintain federal authority over prediction markets. In recent months, multiple states have challenged federal authority over platforms like Polymarket and Kalshi, arguing that federal oversight encroaches on state jurisdiction. The CFTC has gone so… Read More

Fellowship PAC, a Pro-Digital Asset Group, Endorses Ken Paxton for Senate in Texas, Other Pro Crypto Pols

The Fellowship PAC has endorsed Ken Paxton for the hotly contested Texas Senate seat, where Republican incumbent John Cornyn is currently expected to lose his seat. The Fellowship PAC announced its support of Paxton following President Donald Trump’s endorsement of Paxton on May 19th. Trump’s… Read More

Revolut’s Goal of Becoming a Federally Chartered US Bank Opposed

Digital bank Revolut wants to become a federally chartered bank in the US. The successful UK-based Fintech is already approved to provide banking services in the EU. Revolut Bank UAB is licensed by the European Central Bank (ECB) and regulated by the Bank of Lithuania…. Read More

Universal Real-World Asset (uRWA) Standard ERC-7943 Nears Final Status

According to a public statement, ERC-7943, the Universal Real-World Asset (uRWA) standard for compliant tokenization on Ethereum and EVM-compatible chains, is nearing Final status. The official Ethereum EIP site states it is in Last Call, with a final comment period taking a couple of weeks… Read More

Netcapital Plans Conference Call to Explain New Strategy as It Shifts from Online Securities Offerings

Netcapital will explain its new strategy, moving away from securities crowdfunding to providing infrastructure. According to a release, on May 28, 2026, new CEO Todd Violette will address his decision to migrate from listing online securities offerings, his near-term priorities, and his plans to leverage… Read More

Legislation to Create Strategic Bitcoin Reserve Moves to House Financial Services Committee

Legislation designed to create a strategic Bitcoin reserve has been referred to the House Financial Services Committee as the concept makes its way from a talking point to law. President Donald Trump signed an Executive Order in the spring of 2025 that sought to create… Read More

Fintech Executive Order Good for Regional, Smaller Banks: MassPay

The White House posted a series of Executive Orders (EO) this week, signed by President Donald Trump. A key EO was demanding that Fintechs have better access to the Federal Reserve and certain functions, such as payment accounts and real-time payments, to improve services for non-bank… Read More

Kevin Warsh Sworn in As New Fed Chair as Inflation, Interest Rates on the Rise

Kevin Warsh

Kevin Warsh was sworn in as the new Federal Reserve Chairman at an interesting time for the United States. While President Donald Trump has publicly stated he wants an independent Fed Board Chairman, he has also declared his desire for lower interest rates as determined… Read More

Bolt CEO Whacks Entire HR Department as Causing More Harm than Good

Bolt CEO Ryan Breslow eliminated his entire Human Resources (HR) department after determining it was doing more harm than good. Bolt is an established Fintech that has grown from payments and anti-fraud services to offering banking, crypto, and more. At one point, Bolt had a… Read More

Crypto Firm Zodia Announces CEO as Standard Chartered Takes Over

Zodia Solutions, a newly formed institutional digital asset infrastructure platform, has announced Julian Sawyer as Chief Executive Officer following Standard Chartered’s agreement to acquire the regulated custody business of Zodia Custody.” According to a public statement, Sawyer, who is currently the CEO of Zodia Custody,… Read More

Blockchain Leadership Fund PAC Reveals Lists of Endorsements

The Blockchain Leadership Fund (BLF), a Political Action Committee (PAC) that aims to support policies that advocate for digital asset innovation, has shared its inaugural list of political endorsements. The candidates include: Senate Candidates: Barry Moore (R-AL), Kurt Alme (R-MT), Jon Husted (R-OH), Angie Craig… Read More

Monetary Authority of Singapore Revokes License of Payment/Crypto Firm Bsquared

Bsquared Technology has lost its regulatory approval issued by the Monetary Authority of Singapore (MAS).  The regulator stated that Bsquared was banned from providing digital payment token services on May 14th. MAS said an on-site inspection revealed serious regulatory compliance violations. This included a claim… Read More

SEC Innovation Exemption, Tokenization on the Way

The Securities and Exchange Commission is expected to soon provide details on the pending “Innovation Exemption”. The concept has been pitched by the Chairman of the Commission, Paul Atkins. As previously reported, Atkins, a supporter of digital assets and beneficial innovation, aims to introduce a… Read More

SEC Commissioner Hester Peirce to Become Professor at Regent University School of Law

SEC Commissioner Hester Peirce is planning to depart the Commission this coming fall and join the Regent University School of Law as an Associate Professor. Peirce is well known for her support of Fintech innovation and for leading the Crypto Task Force at the SEC…. Read More

Tether Buys Softbank Shares of Twenty One Capital

Stablecoin issuer Tether says it has purchased SoftBank’s holdings of Twenty One Capital (NYSE: XXI). Tether already owns shares in the firm and says this indicates a deeper commitment to the company. In a public statement, Tether said that it is the controlling shareholder, and… Read More

White House Fact Sheet on Fintech Executive Order

As previously reported, the White House has signed an Executive Order seeking to remove regulatory barriers to Fintech innovation and new and improved financial services. The Trump administration has been mostly supportive of Fintech innovation in contrast to the previous administration, which sought to protect… Read More

Trump Signs Executive Order to Support Fintech Innovation in US

President Donald Trump signed an Executive Order yesterday that aims to reduce barriers to Fintech innovation, including digital assets. The White House has long been supportive of Fintech and has been vocal in backing the GENIUS Act and the CLARITY Act, which aim to update… Read More

Poland Could Ban Crypto Pushing Back on EU MiCA Regulation

Last week, Poland’s lower house of parliament (Sejm) passed a government-backed bill called the Crypto-Asset Market Act. The legislation implements the European Union’s crypto laws, namely the Markets in Crypto Assets Regulation (MiCA). Under these rules, the Polish Financial Supervision Authority (KNF) is required to regulate and approve… Read More

Stablecoin Firm Checker Raises $8 Million Funding Round

Stablecoin enabling firm Checker has raised $8 million in funding, according to a statement distributed by the firm. The funding was led by Galaxy Ventures, Al Mada Ventures, and Framework Ventures. Other investors include strategic backers such as Bitso, Mesh, and others. Checker reports that… Read More

SEC Proposes Rules to Improve Initial Public Offering (IPO) Environment

The number of listed or publicly traded companies has been declining for years. This is largely due to unsophisticated individuals making the rules by adding more burdensome compliance requirements that may have a positive intent but end up having a deleterious impact, compelling firms to… Read More

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