Posts Tagged ‘USA’

FINRA Takes Down HempCoin Cryptocurrency for Selling Unregistered Securities

The Financial Industry Regulatory Authority (FINRA) has issued its first cryptocurrency-related disciplinary action, charging Timothy Tilton Ayre, a broker in Agawam, MA., with securities fraud and the unlawful distribution of HempCoin, which the agency claims is an unregistered cryptocurrency security. FINFRA has accused Ayre of trying to entice people to invest in Rocky Mountain Ayre […]

CFTC Opens Registration for First Fintech Conference

The U.S. Commodity Futures Trading Commission will host its first-ever fintech conference, Oct. 3-4, at its headquarters in Washington D.C. Registration for the event is now open. The event, dubbed “FinTech Forward 2018: Innovation, Regulation and Education,” will focus on key tech developments within in the financial space and explore the impact these technologies may have on […]

US Regulators Give Update on Crypto Crackdown

The North American Securities Administration Association (NASAA) updated its progress on ICO- and cryptocurrency-related investment product investigations. NASAA, operated by American and Canadian securities regulators, launched “Operation Cryptosweep” in May 2018 to investigate over 200 ongoing cases of ICO- and cryptocurrency-related investment products’ regulatory compliance. Since the operation’s launch, NASAA has issued 46 enforcement actions. […]

Token Fest Boston 2018

Token Fest 2018 is the definitive blockchain conference & expo in the United States. This event brings together industry thought leaders who are pioneering innovative solutions for the token economy. The event is expected to attract 4,000+ attendees, 200+ speakers & 200+ exhibitors making Token Fest one of the largest conference & expositions in the […]

Detroit Fintech Association Hosts Networking Event: ‘It’s A Golden Age Of Investment And Innovation’

The Detroit Fintech Association hosted a networking event Aug. 22 at TechTown Detroit. Roughly 50 fintech professionals attended the networking event such as Aptiv PLC’s Nicole Pettiway and Graduates Unbound’s Andrew Darlington and Matthew Stelmach. In a speed networking fashion, fintech professionals were able to connect with other prominent individuals in 3-minute sessions. Establishing quick […]

FinovateFall – Witness the future of fintech live on stage

FinovateFall returns to New York City for a three-day conference scheduled for September 24-26 (with an add-on Summit Day on September 27). This year’s event will be offering a mixture of curated, fast-paced demos, strategic general sessions and specialized summits, giving more than 1,500 industry executives the insight they need on the latest innovations and major […]

Fintech Eyes Opportunity in $15 Billion Title-Insurance Business

Tech-focused startups are knocking on the door of a $15 billion industry that’s dominated by just four companies: Title insurance. A California regulator, for the first time, gave approval to a tech-focused startup title insurer to operate in the biggest U.S. state by population. States Title Inc. joins newcomers including OneTitle National Guaranty Co. and […]

US Treasury Urges Regulators to Back Off Blockchain and FinTech to Encourage Innovation

The United States Treasury Department, in a recent report, urged state and federal regulators to revamp outdated statutes and support innovative financial technologies, including artificial intelligence, machine learning, and blockchain, in order to create economic opportunities. The report emphasized non-bank financial services providers, including credit lending companies, servicing organizations, and payment networks, as well as FinTech companies. One […]

Cryptocurrency investor robbed via his cellphone account sues AT&T for $224 million over loss

A U.S. investor filed a $224 million lawsuit against AT&T, accusing the telecommunications giant of negligence that allegedly caused the California resident to lose roughly $24 million in cryptocurrency. Terpin, who was using AT&T as his service provider, said the digital tokens were stolen through a “digital identity theft” of his cellphone account. Terpin was the […]

41% of Americans Say They Won’t Ever Invest In Cryptocurrencies

According to a June survey of over 2,000 adults by cryptocurrency app Gem and analytics firm Harris Insights, roughly 8% of Americans invest in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. About 41% of those same adults say that nothing could motivate them to invest in such digital assets. In comparison, roughly 52% of Americans own […]