In the News
Dispelling Five Common Misconceptions About Cryptocurrencies
By Brandi B. Reynolds, CAMS-Audit, Managing Director and Paul Nelson, Consulting Expert As cryptocurrency becomes more mainstream, many people are looking to learn more, including bankers and…
Alpaca Raises $50 Million Series B & Announces Crypto Offering
San Mateo, CA – August 30, 2021 – Alpaca, a commission-free stock brokerage platform that offers APIs for fintech apps to connect and trade in…
Illinois amends unclaimed property law to include cryptocurrency
Effective August 6, 2021, Illinois amended its unclaimed property law to include cryptocurrency. SB 338, Public Act 102-0288, was approved by the Governor and became…
DFPI addresses MTA licensing exemptions
Recently, the California Department of Financial Protection and Innovation (DFPI) released several new opinion letters covering aspects of the California Money Transmission Act (MTA) related…
Crypto Firms Looking for Access to Fed Payments System, Banks Object
Well, crypto firms are now looking to get access to the Federal Reserve (Fed) payment systems. However, traditional banks have raised serious objections to this…
Payday Lenders Looking to Rebound
California payday lenders experienced a sharp decline in lenders and borrowers during the pandemic in 2020, despite the initial unemployment and unemployment rates. The Financial…
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