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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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Freight Logistics Startup Buys Uber’s European Freight Operation

PYMNTS

The deal is expected to strengthen sennder’s position as the largest digital freight forwarder in Europe and enhances its service across its key markets. The company said its 500-person workforce manages more than 10,000 trucks across Europe. That followed a joint venture with Poste Italiane, one of Italy’s largest logistics operators.

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Judge To Decide Whether Uber Can Operate In London

PYMNTS

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November. In a filing for a court hearing on Friday (Aug.

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Aflac Acquisition Targets Mid-Market Financing

PYMNTS

Aflac Global Investments, the AFL asset management unit of Aflac Inc., has announced a takeover that will position the company to strengthen its financing operations in the middle market. with the tie-up reflecting Aflac’s broader initiative to strengthen its investment in middle market private debt, the report said.

Marketing 130
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Aflac Acquisition Targets Mid-Market Financing

PYMNTS

Aflac Global Investments, the AFL asset management unit of Aflac Inc., has announced a takeover that will position the company to strengthen its financing operations in the middle market. with the tie-up reflecting Aflac’s broader initiative to strengthen its investment in middle-market private debt, the report said.

Marketing 130
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Operation Choke Point 2.0

Jeff For Banks

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. OPC formally ended in 2017. It has since been modified and the list removed because it was too obvious what they were doing.

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Bitcoin Daily: Signal Messaging App Testing Crypto Payments; Gemini Adds 20 Tokens To Exchange; SIA, WizKey Partner For Credit Market Based On Blockchain

PYMNTS

MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report. In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release.