Featured Headlines

Digital Assets Thoughts of the Week: Stablecoins, Regulation and More

Stablecoins, the GENIUS Act and the CLARITY Act “The Fed’s proposals show that stablecoins no longer need to wait for the broader market-structure fight to resolve. With the CLARITY Act stalled in the Senate, the GENIUS Act rulemaking is effectively making payment stablecoins the first… Read More

Former SEC Chairman, Current DNI Jay Clayton to Lead Administration’s Super Intelligence Force

Former Chairman of the Securities and Exchange Commission and current Director of National Intelligence, Jay Clayton, will now lead the newly minted Super Intelligence Force (SIF). Clayton, a relative neophyte to the Byzantine machinations of Washington, D.C., when he took over the SEC during the… Read More

Most For, One Against Petition for the SEC to Increase Reg CF Funding Limit to $20 Million

A few months ago, Crowdfund Capital Advisors (CCA) submitted a petition to the Securities and Exchange Commission (SEC) to increase the Reg CF [Regulation Crowdfunding] funding cap from $5 million to $20 million. In general, industry insiders support the move, viewing it as more closely… Read More

Stand With Crypto: 50,000 Letters Sent to European Commission Demanding Stablecoin Rewards

Stablecoin rewards, or yield, are a contentious topic in the US and Europe. In the US, the battle is ongoing, but so far the legacy banking sector has the edge, as direct yield has been banned. The GENIUS Act, the US stablecoin law, bars permitted… Read More

Schwab Announces AI Integration, Falls Short of Robinhood’s Agentic Trading

Charles Schwab (NYSE:SCHW) has announced the incorporation of artificial intelligence into its brokerage platform. According to a statement Schwab distributed, the investment platform has launched “Charley,” an AI assistant to support customers. Beginning in October, the service will roll out to eligible users in the… Read More

SEC Updates Definition of an Accredited Investor, Adds New Professional Qualifications, FINRA to Offer Test

The Securities and Exchange Commission (SEC) voted unanimously today to approve new pathways for individuals to qualify as an Accredited Investor, expanding opportunities to access private securities offerings. Broadly speaking, an Accredited Investor may participate in Reg D securities offerings. This exemption is used by… Read More

UK Launches Regulated Crypto Activity, FCA Now Accepting Applications for Approval

The United Kingdom has launched regulated crypto activities. Previously, crypto firms operated under a mix of limited registrations and opaque rules as policymakers worked to update the regulatory regime. These firms now fall under the remit of the UK Financial Conduct Authority (FCA), which issued… Read More

PaymentWorks is Bringing B2B Payments Into the 21st Century

With a unique but sensible approach to identity infrastructure, PaymentWorks is bringing B2B payments into the 21st century. CEO Thayer Stewart said it’s long past time B2B payments got the attention long reserved for their consumer brethren. With four decades in B2B payments, Stewart has… Read More

Digital Assets Thoughts of the Week: the CLARITY Act, Canada and Tokenization, and More

The CLARITY Act remains top of mind in the digital asset sector. The CLARITY Act “The larger issue is that the US still lacks a clear rule for when a digital asset is a security, when it is a commodity, and which regulator is responsible…. Read More

Asia Private Equity Turns To AI As Exit Markets Diverge, Executives Say

Private equity firms operating in Asia are increasingly deploying artificial intelligence (AI) to boost portfolio company earnings and secure exits, executives said on Tuesday, as the region’s deal-exit environment splits sharply between favored and lagging sectors. Speaking at DealStreetAsia’s Asia PE-VC Summit in Singapore, senior… Read More

Securities and Exchange Commission to Adjust Accredited Investor Definition at Open Meeting

The Securities and Exchange Commission (SEC) has scheduled an open meeting next week to review several issues. Perhaps the most important for investors is a potential update to the definition of an Accredited Investor. In general, an Accredited Investor is someone who earns over $200,000… Read More

Crowdcube Reports £543 Million in PISCES Secondaries in the Queue

Crowdcube, a leading online investment platform in the UK and Europe, says secondaries have quickly become a significant part of its business. According to a blog post, Crowdcube reports that £543 million in PISCES secondaries are in the pipeline. In total, including the PISCES listings,… Read More

Reg CF: FINRA Regulated Funding Portals Hover Around 70

Funding Portals, a new type of intermediary created by the JOBS Act of 2012, were established to facilitate online capital formation through Reg CF, or Regulation Crowdfunding. Reg CF allows a firm to issue or sell securities to anyone, raising up to $5 million in… Read More

Perspective: SPACs Are the New Microcap IPO

For most of the last decade, the SPAC debate has been framed as SPACs versus IPOs, as if a company picks between two comparable routes to the public markets. The market is no longer organized that way: traditional equity capital markets have concentrated in larger,… Read More

Innovation Exemption: Tokenization Firms Welcome SEC’s Rules on Digital Securities

A seismic shift for global finance as the US regulator brings the $75 trillion plus US equity market into the digital age As the tokenization market is predicted to quickly top trillions of dollars in securities within a few years, global participants in the tokenization… Read More

The CLARITY Act: “Firms still do not have a clear answer on how some digital asset products will be classified or which rules apply”

CI has received dozens of comments about the US Senate’s failure to advance the CLARITY Act. The legislation would have protected consumers while enabling innovation with defined regulatory oversight. This common-sense approach was crushed by midterm politics and the Democratic Party’s refusal to give Republicans… Read More

SEC Publishes Innovation Exemption for Tokenized Stocks

As expected, the Securities and Exchange Commission (SEC) has published its “Innovation Exemption” for tokenized or digital securities. The new rules will allow tokenized securities to trade on marketplaces or Tokenized Securities Venues (TSVs), each of which is a “TSV” under the definition of “exchange”… Read More

Group of Senate Democrats Issue Statement on the CLARITY Act, Say they Are Committed to Passing Crypto Legislation

A group of seven Democratic senators issued a statement declaring their support for the CLARITY Act after voting against the bill this week, effectively killing it for now. Senators Kirsten Gillibrand, Angela Alsobrooks, Cory Booker, Catherine Cortez Masto, Ruben Gallego, Mark Warner, and Raphael Warnock stated: “Democrats… Read More

Cloture Vote on the CLARITY Act Fails in the Senate

The cloture vote on the CLARITY Act failed in the Senate, as supporters fell short of the 60 votes needed to open debate on the legislation. The final tally was disappointing as several Republican senators, including Senators Hawley, Collins, and Moran, typically more supportive of… Read More

Send this to a friend