With cryptocurrencies becoming more mainstream, Weaver is consistently asked to decrypt what crypto means for individuals and businesses that want to learn more. Recently, we co-hosted a webinar with BGSF covering various business implications of cryptocurrency. Our Cryptocurrency Task Force covered topics such as regulation and compliance, financial reporting, taxation and information technology considerations. Below are some of the key takeaways from each of the topics presented. Regulation & Compliance Both federal and state regulators face an issue with the classification of cryptocurrency....

On Wednesday, the European Commission presented a draft Declaration on European Digital Rights and Principles for a ‘human-centred’ digital transformation. In the eyes of the Commission, this new Declaration would act as a new guiding framework for citizens, businesses, and policy makers for the digital decade 2030. The new draft Declaration, which will still need to be adopted by both the European Parliament and the Council, is based on the December 2020 Berlin Declaration signed under the previous German Presidency of the...

Fintech industry veterans add expertise and extensive networks to match fintech buyers and sellers. NEW YORK Jan. 26, 2022 -- USAM Group, the distinctive provider of outsourced sales, marketing, and advisory services to growth-stage financial technology innovators, is pleased to announce two new additions to our global team. As a founder and CEO of Bonds.com and AxTrading, George O'Krepkie has an impressive track record of spotting opportunities and meeting them head on with game-changing solutions that significantly improve electronic securities trading....

So you're a fintech startup, buying a fintech company, or expanding the technical capabilities of your financial business. Or you're a tech company that is getting into the payments space. Where do you start when it comes to figuring out what consumer protection laws apply to you? You should be aware that, for the past several years, the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have been actively enforcing consumer protection laws in the fintech...

Vision We want to influence positive change in a world where we are simply guests. How we build If you care about the environment, you probably want to work for a company that feels the same. In that case, we're a good match! We think sustainability is as important as being a good neighbour. It's on our mind from the moment we pick a building or conversion site. Let's get into some industry speak. We require all our new-build hotels to achieve at...

To help you make the most of evolving market conditions, we have gathered 12 insights from 2021 research that can be leveraged in 2022. The last two years illustrated the need for refinement and adaptability in investment strategies, and 2022 seems poised to amplify the trend. Faced with uncertainty over macroeconomic factors, supply chain risk, and volatile markets, investors are sourcing insights from more elaborate analytics, and multidimensional sentiment has emerged as a reliable signal to enhance style in fixed-income, anticipate...

After numerous false starts, the time has finally come for private companies to begin reporting leases on their balance sheets and comply with the lease-accounting standards first introduced by the Financial Accounting Standards Board (FASB) in late 2015. While most public companies adopted Accounting Standards Update (ASU) Topic 842 in 2019, privately held business were granted several delays and now have until Dec. 31, 2022, or the first annual report filing of the year, to apply the new lease...

Growing Investment in Robotics Companies – Investors continue funding the latest robotics innovations in various industries, including the medical, manufacturing, logistics, hospitality, and automotive sectors. With plenty of cash in the market, venture capital (VC), private equity (PE), and strategic investors aim to capitalize on and steer development of disruptive robotics technologies. Intellectual Property (IP) Is Critical for Robotics Innovations – Patents and trade secrets continue to be essential tools for protecting robotics innovations and maintaining a competitive edge. Strategic companies...