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Report: Factors Influencing Malaysian Investors to Invest in Peer to Peer Lending Platforms

2 hours 22 minutes ago

The Asian Development Bank (ADB), which aims to support social and economic development in Asia, has published a working paper series in which it noted the intention to make investments in decentralized lending platforms in Malaysia is primarily driven by “trust.” The paper points out... Read More

The post Report: Factors Influencing Malaysian Investors to Invest in Peer to Peer Lending Platforms appeared first on Crowdfund Insider.

Omar Faridi

German Government Speaks Against the Authorization of Facebook’s Stablecoin Libra

2 hours 26 minutes ago

Germany’s government has spoken against the authorization of the ongoing development of Facebook’s controversial stablecoin project Libra in Europe. Christian Democratic Union parliamentarian Thomas Heilmann, who’s responsible for creating CDU’s policies on blockchain technology, said the German government will not allow projects like Libra to... Read More

The post German Government Speaks Against the Authorization of Facebook’s Stablecoin Libra appeared first on Crowdfund Insider.

Omar Faridi

Report: Cubans Using Cryptocurrencies to Buy Products Abroad

19 hours 8 minutes ago

Some Cubans fed up with being frozen out of global commerce by decades-old US sanctions have started using cryptocurrencies to transact online, Reuters reports. Jason Sanchez, for instance, who runs a cellphone repair shop in Havana, has been using cryptocurrencies to purchase spare parts for... Read More

The post Report: Cubans Using Cryptocurrencies to Buy Products Abroad appeared first on Crowdfund Insider.

Cali Haan

Tethers Cause Traffic Jam on Ethereum

20 hours 9 minutes ago

The unexplained recent migration of almost a billion USD-pegged tether cryptocoins to the Ethereum network has caused 100 000 transactions to get “stuck” in processing there, Trustnodes reports. (Graphic courtesy of Trustnodes) The controversial tether coins have been moving from their native OMNI network and other... Read More

The post Tethers Cause Traffic Jam on Ethereum appeared first on Crowdfund Insider.

Cali Haan

WeWork’s Parent Company Makes Major Changes to Management of Business Operations

20 hours 40 minutes ago

We Co., WeWork‘s parent company, is planning to make major changes to the management of its business operations after stakeholders expressed their dissatisfaction with the company’s unusual governance model ahead of its upcoming IPO. The firm’s parent company had initially proposed that 20 votes should... Read More

The post WeWork’s Parent Company Makes Major Changes to Management of Business Operations appeared first on Crowdfund Insider.

Omar Faridi

Gartner: Blockchain Might “Change Retail Business Models Forever,” May Help Avoid Centralization of Markets

1 day ago

Connecticut-based consulting services and research firm Gartner said that distributed ledger technology (DLT) will transform how most businesses operate within the next 10 years. Currently, however, blockchain-based systems are in their early stages of development and it could take several years before the technology has... Read More

The post Gartner: Blockchain Might “Change Retail Business Models Forever,” May Help Avoid Centralization of Markets appeared first on Crowdfund Insider.

Omar Faridi

Mobile Payments Firm Square Is Preparing to Add Stock Trading to Company’s Cash App

1 day 4 hours ago

San Francisco-based mobile payments company Square is testing a new feature that allows users to trade stocks through the company’s Cash App.  Square’s employees have been testing out the newly integrated feature, according to Bloomberg. Once it has launched, Cash App users will reportedly be... Read More

The post Mobile Payments Firm Square Is Preparing to Add Stock Trading to Company’s Cash App appeared first on Crowdfund Insider.

Omar Faridi

Hacker Accused of Selling Unreleased Music of Famous Artists for Cryptocurrencies Arrested in UK

1 day 5 hours ago

Police from London’s Intellectual Property Crime Unit (PIPCU) have arrested a 19-year-old man they believe stole unreleased songs from the websites and cloud-storage accounts of “world-famous artists” and then sold the music for cryptocurrency. The release does not state where the music was sold nor... Read More

The post Hacker Accused of Selling Unreleased Music of Famous Artists for Cryptocurrencies Arrested in UK appeared first on Crowdfund Insider.

Cali Haan

Head of Libra Association Says Facebook’s Cryptocurrency Will Launch in 2020, Renminbi “Will Not Be Part of It”

1 day 5 hours ago

Bertrand Perez, General Director of the Libra Association says Facebook has no plans to delay the launch of its global (crypto)currency network, despite outcry from global regulators. “We are firmly maintaining our launch schedule, between the end of the first half of next year and... Read More

The post Head of Libra Association Says Facebook’s Cryptocurrency Will Launch in 2020, Renminbi “Will Not Be Part of It” appeared first on Crowdfund Insider.

Cali Haan

OnDeck’s Latest Survey Reveals: Economy is Top Concern for Small Businesses Ahead of 2020 Election

1 day 15 hours ago

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Friday its latest survey reveals that the economy is a top concern for small businesses ahead of next year’s presidential election. According to OnDeck, the survey is the first in a series that the... Read More

The post OnDeck’s Latest Survey Reveals: Economy is Top Concern for Small Businesses Ahead of 2020 Election appeared first on Crowdfund Insider.

Samantha Hurst

WePay Announces Same-Day Deposits to Chase Business Bank Accounts

1 day 16 hours ago

Payment as a service platform and JPMorgan Chase company WePay announced earlier this week same-day deposits to Chase business bank accounts at no additional cost. According to WePay, the new functionality will help tens of thousands of U.S. small businesses that use platforms like BigCommerce... Read More

The post WePay Announces Same-Day Deposits to Chase Business Bank Accounts appeared first on Crowdfund Insider.

Samantha Hurst

SEC Chair Jay Clayton: We Should Increase the Attractiveness of Our Public Capital Markets & Increase Opportunities for Main Street Investors in Private Markets

1 day 22 hours ago

Securities and Exchange Commission Chairman Jay Clayton tipped his hand a bit regarding the ongoing “concept release” – an SEC review of the private securities exemption ecosystem and how regulated private markets operate.  In a speech delivered at the Economic Club of New York this... Read More

The post SEC Chair Jay Clayton: We Should Increase the Attractiveness of Our Public Capital Markets & Increase Opportunities for Main Street Investors in Private Markets appeared first on Crowdfund Insider.

JD Alois

Monetary Authority of Singapore’s Chief Fintech Officer Appointed Fintech Advisor to India’s Odisha State

1 day 23 hours ago

The Monetary Authority of Singapore (MAS), the nation’s central bank, announced on Thursday the appointment of its chief fintech officer Sopnendu Mohanty as a digital and fintech advisor to India’s Odisha state, according to a report by the Times of India. In his new advisory... Read More

The post Monetary Authority of Singapore’s Chief Fintech Officer Appointed Fintech Advisor to India’s Odisha State appeared first on Crowdfund Insider.

Omar Faridi

Blockchain-Based Financial Platform Prometheum Announces Acquisition of InteliClear Technology

1 day 23 hours ago

Prometheum, a platform for creating and trading cryptosecurities, recently announced it has acquired a version of InteliClear’s post-trade solution technology. Prometheum reported that the InteliClear technology serves as a “major leap forward” for its mission to become the first compliant end-to-end cryptosecurities trading platform. “InteliClear’s system is... Read More

The post Blockchain-Based Financial Platform Prometheum Announces Acquisition of InteliClear Technology appeared first on Crowdfund Insider.

Samantha Hurst

Update: Diabetes Research Company Gendius Set to Close Crowdcube Round With More Than £475,000 in Funding

1 day 23 hours ago

Gendius, a UK-based diabetes research company, is set to close its equity crowdfunding campaign on Crowdcube with more than £475,000 in funding from nearly 385 investors. The campaign was launched earlier this summer and quickly raised its initial £400,000 funding target. As previously reported, Gendius... Read More

The post Update: Diabetes Research Company Gendius Set to Close Crowdcube Round With More Than £475,000 in Funding appeared first on Crowdfund Insider.

Samantha Hurst

Coinbase Considering Initial Exchange Offering (IEO) Platform for Asia

2 days ago

Coinbase is considering launching an initial exchange offering (IEO) platform in Asia. This would allow it to launch and broker “a proprietary exchange token” and other tokens in the region, Coindesk reports. The crypto trading platform’s possible plans were announced this week by Kayvon Pirestani,... Read More

The post Coinbase Considering Initial Exchange Offering (IEO) Platform for Asia appeared first on Crowdfund Insider.

Cali Haan

ASEAN Financial Innovation Network, Bridge+, PwC Singapore to Support Fintech Growth and Development

2 days 1 hour ago

The ASEAN Financial Innovation Network (AFIN) committed to two memorandums of understanding (MOUs) on September 11, 2019, with Bridge+ and “Big Four” auditing firm PricewaterhouseCoopers’ (PwC) Singapore branch. Managing director of AFIN Manish Diwaan noted: “AFIN is delighted that industry leaders are coming together to... Read More

The post ASEAN Financial Innovation Network, Bridge+, PwC Singapore to Support Fintech Growth and Development appeared first on Crowdfund Insider.

Omar Faridi

Marshall Islands to Conduct Pre-Sale for Its Upcoming National Cryptocurrency

2 days 2 hours ago

The Marshall Islands, an island country and a US associated state, is planning to issue its own government-backed cryptocurrency, the Marshallese sovereign (SOV).  The SOV will be introduced through a token pre-sale, according to an announcement made at CoinDesk’s Invest: Asia event, held on September... Read More

The post Marshall Islands to Conduct Pre-Sale for Its Upcoming National Cryptocurrency appeared first on Crowdfund Insider.

Omar Faridi

Based in San Francisco, Fintech Brex is Latest Company to Expand in Utah

2 days 3 hours ago

San Francisco Losing Fintech Lustre The Utah Governor’s Office of Economic Development (GOED) has announced that Fintech Brex will open its new location in the Salt Lake Valley. The new office is said to create up to 1,000 new jobs over the next seven years.... Read More

The post Based in San Francisco, Fintech Brex is Latest Company to Expand in Utah appeared first on Crowdfund Insider.

JD Alois
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