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Financial disclosures are essential for transparency, trust, and fairness in the financial system. And as digital assets become even more integral, financial disclosures must also evolve to reflect the resulting market changes and regulatory responses. Bluprynt, founded by Georgetown Law Professor Dr. Chris Brummer, is answering the call with a digitally and cryptographically native platform for disclosure filings. With global regulatory momentum and new rules for digital assets (many expected as early as 2025), their platform will provide near-instant verification of key on- and off-chain data, reduce disclosure documentation time, lower costs, and enhance market transparency. At Flourish, we’re early-stage investors who back #fintech founders committed to transforming #FinancialInfrastructure and creating a fair financial system for all. Bluprynt's innovative approach to disclosures aligns well with our vision and we’re thrilled to support Christopher in his new role as a fintech founder. Learn more about how Bluprynt is evolving the financial disclosure system and why, as a preeminent scholar and expert on disclosures in digital assets, Dr. Brummer is uniquely qualified to lead the charge.

Compliance is a critical but confusing topic for financial advisors choosing to enter the crypto-asset ecosystem. In order to realize early success an important first step is learning from experiences #crypto investment advisors engaged in the asset class. https://lnkd.in/drZNJVtF

While negotiating an exit on a convertible debt instrument with a fund’s legal team, we were responded with a comment ‘’your document is very new and different’’ To which we replied, ‘’so is the industry and facts and circumstances of transactions ‘’ Exit on a #SAFE ( Simple Agreement for Future Equity ) through #tokens is a common practice however, putting the transaction in legal wrapper is tricky. It is important to keep an optional exit in the SAFE upon tokens given the industry has a parallel ecosystem of tokens for project apart from the product quotient. Investors are often bullish on tokens than on equity and thus, provides an easy exit and a win-win for the start up, founders and the investors. Just as Edward Lampert said 👇. Wise words. #investment #lessonsofaweb3lawyer #SAFE #SAFT #web3

In 2023, the CFTC intensified its regulatory efforts, filing 96 enforcement actions against market participants. These actions have significant implications for hedge funds, CFTC registrants, startups, and stakeholders in the financial sector. Understanding violations related to fraud, manipulative conduct, and off-channel communications is crucial for compliance and market integrity. In my latest article, I explore key takeaways from these enforcement actions, offering insights into navigating the regulatory landscape in 2024 and beyond. For a detailed breakdown and insights, read the full blog below: #CFTCenforcementactions #Hedgefunds #futures #CFTC #derivatives #Regulatorycompliance #Fraudprevention #Marketintegrity #Financialsector #Offchannelcommunications #2023enforcementtrends #Compliancestrategies

Let's take a closer look at the #SEC's Press Release regarding Galois Capital's custody failures. This announcement highlights the agency's commitment to addressing off-exchange settlement solutions, a critical issue for the #crypto industry. In this post, we will delve into the key takeaways from the 2024-111 press release and explore its implications for market participants. We will also examine the potential benefits of adopting off-exchange settlement (#OES) solutions and discuss the steps that companies can take to ensure compliance with SEC guidelines. Key Takeaways: 1/ The SEC's increased focus on off-exchange settlements is driven by concerns over market transparency, efficiency, and #investor protection. 2/ The agency is working closely with industry stakeholders to develop rules and guidelines for off-exchange settlement solutions that promote fair and orderly markets. 3/ Market participants are encouraged to actively engage in the rule-making process and provide input on potential solutions. Benefits of Off-Exchange Settlement Solutions: 1/ Improved price discovery: Off-exchange settlements can help improve price discovery, as trades executed away from traditional exchanges may not be subject to the same level of transparency and scrutiny. 2/ Enhanced market efficiency: By streamlining the settlement process, off-exchange settlements can reduce costs, minimize risk, and increase overall market efficiency. 3/ Greater investor protection: Well-regulated off-exchange settlement solutions can provide investors with greater transparency, enabling them to make more informed investment decisions. Steps for #Compliance: 1/ Stay informed: Market participants should monitor SEC updates and announcements closely, as well as engage with industry associations and forums to stay abreast of developments. 2/ Assess current practices: Companies should review their own trading and settlement practices to identify areas where off-exchange settlements may be utilized. 3/ Engage in dialogue: Encourage open communication with regulators, industry peers, and market infrastructures to share best practices and collaborate on potential solutions. In conclusion, the SEC's 2024-111 press release underscores the importance of addressing off-exchange settlement solutions as a means to promote market integrity and investor protection. By actively engaging in the rulemaking process and adopting compliant practices, companies can position themselves for success in an increasingly complex and interconnected financial landscape. BOSONIC

Off-exchange settlement (#OES) is rapidly emerging as a vital component of the digital asset ecosystem. It guarantees secure and efficient transaction settlement, distinct from the exchanges where trading occurs. With BOSONIC's Off-Exchange Settlement solution, traders can enjoy enhanced security, quicker settlement times, and decreased counterparty risk! Managing the post-trade process in the digital asset realm, encompassing clearing and settlement, presented a complex challenge that we successfully resolved. Let's talk! #bitcoin #btc #digitalassets #otc #eth #ethereum #btcusd #usdc #usdt #cryptotrading #cryptocurrency #crypto #trading #otcmarkets #cryptocurrencies #cardano #clearing #settlement #riskmanagement 

Let's take a closer look at the #SEC's Press Release regarding Galois Capital's custody failures. This announcement highlights the agency's commitment to addressing off-exchange settlement solutions, a critical issue for the #crypto industry. In this post, we will delve into the key takeaways from the 2024-111 press release and explore its implications for market participants. We will also examine the potential benefits of adopting off-exchange settlement (#OES) solutions and discuss the steps that companies can take to ensure compliance with SEC guidelines. Key Takeaways: 1/ The SEC's increased focus on off-exchange settlements is driven by concerns over market transparency, efficiency, and #investor protection. 2/ The agency is working closely with industry stakeholders to develop rules and guidelines for off-exchange settlement solutions that promote fair and orderly markets. 3/ Market participants are encouraged to actively engage in the rule-making process and provide input on potential solutions. Benefits of Off-Exchange Settlement Solutions: 1/ Improved price discovery: Off-exchange settlements can help improve price discovery, as trades executed away from traditional exchanges may not be subject to the same level of transparency and scrutiny. 2/ Enhanced market efficiency: By streamlining the settlement process, off-exchange settlements can reduce costs, minimize risk, and increase overall market efficiency. 3/ Greater investor protection: Well-regulated off-exchange settlement solutions can provide investors with greater transparency, enabling them to make more informed investment decisions. Steps for #Compliance: 1/ Stay informed: Market participants should monitor SEC updates and announcements closely, as well as engage with industry associations and forums to stay abreast of developments. 2/ Assess current practices: Companies should review their own trading and settlement practices to identify areas where off-exchange settlements may be utilized. 3/ Engage in dialogue: Encourage open communication with regulators, industry peers, and market infrastructures to share best practices and collaborate on potential solutions. In conclusion, the SEC's 2024-111 press release underscores the importance of addressing off-exchange settlement solutions as a means to promote market integrity and investor protection. By actively engaging in the rulemaking process and adopting compliant practices, companies can position themselves for success in an increasingly complex and interconnected financial landscape.

New SEC rules could change the game for hedge funds and trading firms The U.S. Securities and Exchange Commission (SEC) has recently made significant adjustments to its regulatory framework, introducing two pivotal rules, Rules 3a5-4 and 3a44-2, collectively known as the Final Rules. ACA Group, a developer of compliance, risk and technology solutions, has delved into what this means. Read the story here; https://loom.ly/K7lKyQE #FinTech #RegTech #Compliance

Big News! Schindlers is now a FSP!!! Attention all property practitioners, real estate developers, investors, financial institutions, corporate lawyers, mergers and acquisitions specialists, asset managers, supply chain professionals, blockchain and crypto experts, litigation funding advisors, BEE consultants, trade finance experts, escrow agents, tokenisation specialists. Schindlers Digital Assets is now proudly licensed by the Financial Services Conduct Authority as South Africa's first legal-led platform for Real World Asset tokenisation! Schindlers is leading the way in legal-led tokenisation, offering a wide range of services including BBBEE inclusion through tokenised equity, enhanced trade finance, fractional ownership, and crypto-based conveyancing. Businesses can raise debt and equity capital, secure transactions via crypto escrow, and access litigation funding through tokenisation. Tokenisation also transforms property rights with instant, attorney-free transfers and enables REITs for fractional real estate ownership. Intellectual property, inheritance, and corporate governance are also streamlined through tokenisation. SchindlersX is the only exchange globally double-regulated under the Legal Professions Act and FSCA, offering unparalleled security and confidence in the crypto space. Welcome to the future of law! www.schindlersX.io "The next generation for markets, the next generation for securities, will be tokenization of securities and real-world assets," - Larry Fink, the CEO of BlackRock

Unlock the complexities of Accounting for Joint Ventures! 🤝📊 Read more: https://buff.ly/3SywB1x Understand the intricacies when multiple entities combine resources for business or transactions. Dive into the details.