Category Archives: Banks

Terrorists Using Crypto-Currencies

“Donate anonymously with Cryptocurrency” and that’s the issue as the appeal is often coming from ISIS and other jihadists typically through the message app Telegram. Money laundering laws world wide have increasingly been focusing on “know your customer” and trying … Continue reading

Posted in accredited investor, balance, Banks, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, discrepancies, fraud, Funding Portals, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Petro Crypto-Currency Pre-sale Starts

What could be safer than a crypto-currency backed by a bunch of commodities that may still be in the ground and offered by an authoritarian government that is seeking to circumvent international sanctions? Welcome to the pre-sale of Venezuela’s Petro … Continue reading

Posted in accredited investor, balance, Banking, Banks, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, deposits, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

SEC Suspends CryptoCurrency/Blockchain Companies

For the first time, the Securities and Exchange Commission has suspended trading in three firms that have made public claims about crypto-currency and blockchain, not that they have been involved in an Initial Coin Offering (yet). The suspension resulted from … Continue reading

Posted in accredited investor, balance, Banks, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, discrepancies, fraud, Investments, Jobs, Legislative Intent, penalty, SEC, technology, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crypto-Currency Trends Emerging

Some crypto-currency trends are starting to appear: (i) when Bitcoin moves, many other alt-coins follow; (ii) there is no way to value crypto-currencies; (iii) crypto-currencies are being used more for trading than as a medium of exchange; (iv) the crypto-currency … Continue reading

Posted in accredited investor, balance, Banks, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Credit Union Gets A Semi-Waiver For Cannabis Related-Business

In a rare compromise agreement, the Federal Reserve Bank of Kansas City has given conditional approval for Fourth Corner Credit Union to offer services to businesses that serve the legal cannabis industry in Colorado, but not state-licensed dispensaries. These businesses … Continue reading

Posted in Banking, Banks, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business | Tagged , , , , , , , , , , , , , | Leave a comment

Banks Ban Use of Credit Cards To Buy Bitcoin

The money center banks, CitiGroup, Capital One,Bank of American and JP Morgan have now banned the use of their credit cards to buy Bitcoin. This is in reaction to many consumers who are leveraging their purchases using credit card debt. … Continue reading

Posted in accredited investor, Banking, Banks, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, insufficient funds fees, Investments, Jobs, Legislative Intent, NSF, overdraft fee, Small Business, technology | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Cannabis Crowdfunding

Remember those huge wildfires in Northern California last year? They burned through a number of state-legal (and illegal) cannabis farms. The farmers started a crowdfunding campaign on YouCaring that were promptly closed as the site decided that since cannabis is … Continue reading

Posted in accredited investor, balance, Banks, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment