Opinion

Editorial opinions and perspective on Fintech.

Expert Slams FinCEN Proposed Rules on Virtual Currency and Other Digital Assets as a Mistake and Lose-Lose

Several months ago, FinCEN submitted for publication in the Federal Register its Notice of Proposed Rulemaking (NPRM) regarding certain transactions that involve virtual currency or digital assets. FinCEN or the Financial Crimes Enforcement Network is a bureau of the US Department of the Treasury that… Read More

Mark Yusko from Morgan Creek Capital Mgmt Says it Might Soon Be Considered Irresponsible to “Ignore” Bitcoin

Mark Yusko, founder, CEO and CIO at Morgan Creek Capital Management, recently argued that soon it could be considered irresponsible to ignore Bitcoin (BTC), the flagship cryptocurrency. In an interview with MarketWatch, Yusko said that he believes we’ll all be looking back 5 years from… Read More

NFT Art: Your Top 40 Legal Questions Answered

Non-fungible tokens (NFTs) were minted and sold under the radar until a relatively obscure artist sold an NFT for an immense sum. That seminal event invigorated interest in NFTs by artists, sales platforms, and collectors. In this column, we undertake to identify and answer, in… Read More

Elaine Sun, Compliance Director of Digital Assets Firm Huobi Technology, Discusses Importance of Proper Regulations for Crypto

Image courtesy Wikimedia Commons

Elaine Sun, Compliance Director of digital assets firm Huobi Technology, recently noted that the traditional financial infrastructure and the idea or concept of money are “changing before our eyes.” Sun adds that the concept of “store of value” has mostly been associated or tied to… Read More

Waiting for Crowdfunding Boom 3.0

It seems hard to believe, especially after a decade where it dominated new finance, but equity crowdfunding is still just in its infancy. Originally coined by entrepreneur Michael Sullivan in 2006, the true modern crowdfunding boom kicked off at the start of the previous decade… Read More

Small Business & Entrepreneurship Council Slams Looming Proposal to Dramatically Raise Taxes on Businesses

The Small Business & Entrepreneurship Council (SBE Council) has distributed a note criticizing President Joe Biden’s planned tax increase that will hit both individuals and businesses. Addressing  the policy of pushing business taxes higher, the SBE Council says raising taxes during the shaky economy and… Read More

Pushing Through the Fintech Frontier: Financial Regulators Poised to Expand Fintech and Cryptocurrency Oversight


President Joe Biden’s young administration is poised to deliver heightened – and perhaps unprecedented – regulatory scrutiny of the exploding Fintech industry.  The groundwork for a more active regulatory regime has been set over the course of the past decade.  Prior administrations harnessed existing enforcement… Read More

CEO Christin Friedrich CEO Discusses Pivot at Innovestment, Pan-European Crowdfunding Changes & Challenges in Germany

Christin Friedrich is CEO and majority shareholder of Innovestment, an alternative financing platform founded in 2012 that is focused on the long-term sustainable impact for SMEs based in Germany. She is also chairwoman of the board of the European Crowdfunding Network (ECN), the association that… Read More

Waves Developer Advocate Vladimir Zhuravlev Explains why You Should Build DeFi Apps on Waves

  Vladimir Zhuravlev recently commented on why we should consider using the Waves protocol for building decentralized finance or DeFi apps. Zhuravlev, who’s a Waves developer advocate, has discussed in a blog post what the advantages might be of using the Waves protocol for creating… Read More

Terminated: Merger Between Seedrs and Crowdcube is Cancelled; Seedrs Announces New Funding

Yesterday it was reported that the UK Competition and Markets Authority (CMA) had provisionally decided to not allow the merger between Seedrs and Crowdcube. The two securities crowdfunding platforms combined were seen as dominating online capital formation for early-stage ventures to the point it would… Read More

Bitcoin Ban: Billionaire Investor Thinks US Government Might Outlaw BTC for Similar Reasons to why Holding Gold Became Illegal

Billionaire investor Ray Dalio thinks that there’s a good chance that Bitcoin, the leading digital currency, could get banned in a manner that’s somewhat similar to when the American government decided to make it illegal to privately own gold. Dalio, who’s the founder of $150… Read More

Fintech Firms in Pakistan Continue to Receive In-Principle Approval from State Bank to Offer Digital Financial Services

Supported by an upcoming generation of talented tech professionals, the Fintech industry is evolving rapidly in Pakistan. Fintechs could begin to make major contributions to the Asian country’s nearly $400 billion GDP. Professionals leading the country’s finance ministry and its reserve bank (the State Bank… Read More

Controversial BitClout Project, which will Offer Social Currency Issued by Digital Artists, Already Facing Lawsuit Before Official Launch

There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More

M&A Attorney Lawrence C. Lee at Baker McKenzie: “We will likely experience continuing consolidation in the Fintech sector”

Lawrence C. Lee is a top merger and acquisitions attorney operating in the Fintech sector. A partner at Baker McKenzie and based in Palo Alto, Lee was previously in-house counsel for Coinbase where he led strategic transactions and investments. More recently, Lee and his team… Read More

Calling All Traditional Banks: Read this Twitter Thread Now to Learn How to Survive

Like many people, I use several traditional banks but also have several digital-only accounts. A combination of necessity and inertia has led me to be a customer of incumbent banks for years. Like many people, I am looking at multiple options in the digital banking… Read More

CEO of British Patient Capital Laments Lack of Tech Firm Listings on Exchanges

Judith Hartley, CEO of British Patient Capital, believes the UK can do better in providing access to capital for younger tech firms. More specifically, as firms grow there is a need to facilitate funding sufficient to take a company to a point that it may… Read More

Cryptoassets: Hey Teachers, Don’t Leave Us Kids Alone

CryptoUK issued a clarion call to the Financial Conduct Authority (FCA), the UK financial and anti-money laundering (AML) regulator, demanding that FCA grant licenses as prescribed by AML rules.  Too many applications have gone unanswered since those rules came into effect over one year ago. … Read More

Alternatives like YieldStreet, RallyRoad, Fundrise are “Going Mainstream” as Investors Plan to Diversify, Milind Mehere Says

  Milind Mehere, founder and CEO of YieldStreet, a digital wealth management platform that aims to transform the way financial products are delivered and how wealth is created, notes that the world had to deal with major challenges during last year’s “roller coaster ride” due… Read More

What Did We Learn from the House Financial Services Committee Hearing on GameStop/Reddit/Robinhood?

This past week, the House Committee on Financial Services held part two of three anticipated hearings on the GameStop/Reddit/Robinhood saga. As most people are aware, in recent months a short-squeeze caused shares in GameStop (NYSE:GME) to jump dramatically higher compelling short sellers to purchase shares… Read More

SeedInvest, Wefunder, and Other Funding Portals are Beneficiaries of Updated Crowdfunding Rules, but Private Funds with Security Token Capabilities May Also Benefit

Peter Gaffney from the Security Token Group (STG), which is focused on the emerging blockchain-based security token space, notes that the significantly outsized return potential of angel investing, venture capital, and private equity are “well-known” in the finance industry. Gaffney explains that traditionally, direct access… Read More

Send this to a friend