China Locks Down Financial District As P2P Lending Implodes

China has ordered a lockdown of Beijing’s financial district Monday (August 6) to prevent individuals from protesting a crisis in the peer-to-peer (P2P) lending marketplace. According to a report in the Financial Times, hundreds of police officers and security guards gathered near the offices of banking and securities regulators, as well as the entrance to … Read more

Why Real Estate Deals, Not Startups are the Big Success Story of Equity Crowdfunding

Equity crowdfunding for startups was supposed to be a game-changer. The excitement began in 2013 when Title II of the JOBS Act gave individuals who met certain requirements for income or net worth—called accredited investors—the ability to invest in some types of assets that had… Read More The post Why Real Estate Deals, Not Startups … Read more

Banking Giants Including Citigroup and Barclays Sign Up for a Trial Blockchain Project

In what is perhaps of sign of just how many blockchain options have emerged in recent years, nine banking giants including Citigroup and Barclays are participating in an app store trial for programs based on the technology. The currently in-trial app store, LedgerConnect, was announced Monday by foreign exchange processing giant CLS and tech titan … Read more

Market Caps for Privacy-Centric Currencies Have Dropped Significantly

Over the past few years, a few privacy-centric cryptocurrencies have gained both in popularity and value. Many of these coins like monero, dash, pivx, zcash, and more were at one time top ten digital asset contenders as far as market valuation is concerned. Now even though a few of these specific digital assets have dropped … Read more

The UK Financial Conduct Authority Looks to Update Rules for Loan Based Crowdfunding which is “Increasingly Complex,” Opens New Consultation

Investment Crowdfunding Rules Deemed Satisfactory. The UK Financial Conduct Authority (FCA) has finally released its long awaited post-implementation review of crowdfunding regulation. As has been widely rumored for quite some time, the FCA is looking to adjust rules governing loan based crowdfunding, also labeled peer… Read More The post The UK Financial Conduct Authority Looks … Read more