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

Perficient

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” State Regulations. SEC Regulation.

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Drop Delivery Starts Raising Capital For Cannabis B2B Payments System

PYMNTS

Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to a press release. “We’re proud Drop Delivery has chosen to open its doors to early-stage investors with Equifund CFP.”

System 218
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Making The Alcohol Industry's B2B Payment Rules Easier To Swallow

PYMNTS

But in the alcohol beverage arena, unique regulations — many of which date back to the era of prohibition — have added an extra layer of complexity to the supply chain. Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. Managing The Invoice.

Industry 219
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Prosecutors Target Loosely-Regulated Business Lending Sector

PYMNTS

Merchant cash advance companies avoid much of the regulation banks face by claiming that rather than giving loans to businesses, they’re paying the business cash now in return for a cut of future revenue. One business owners said he felt as if he were dealing with an entity almost like “a gangster operation.”.

Lending 237
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GE Capital Exits Trade Finance With MUFG Acquisition

PYMNTS

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

Capital 150
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Supporting the Financial Services Industry Sustainability Journey

Cisco

There is pressure from shareholders, consumers, employees, and regulators for organizations to move towards a more sustainable future, and to set ambitious greenhouse gas (GHG) emissions reduction goals. Many FIs are developing sustainability strategies which rely significantly on technology for operational transformation.

Industry 144
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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely. In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance.

FDIC 195