SAFE Act Just Got Re-Added To Defense Bill As Amendment, But Could It Pass On Its Own?

Does the SAFE Banking Act have a better chance to pass as a stand alone bill?

The post SAFE Act Just Got Re-Added To Defense Bill As Amendment, But Could It Pass On Its Own? appeared first on The Fresh Toast.

Though defeated in this round, the cannabis industry remains resilient in its fight for federal reforms. The removal of the SAFE Act from the defense bill is not the end of the road but rather another indication of the steep climb to federal cannabis law. Cannabis advocates and entrepreneurs need to use this opportunity to reset the conversation and seek a well-rounded bill that would ensure the capital is available to those who need it the most. Now that there is still a political advantage, advocates can point out other solutions that can be added to the bill to make the cannabis industry get access to funds at the state and local levels.

About a year ago, the first psychedelics-focused exchange-traded funds were debited on Toronto's NEO exchange. The ETF, Horizons Psychedelic Stock Index (NEO: PSYK), was launched to focus on the relatively new industry. Less than six months after this launch, Defiance ETF launched the Defiance Next Gen Altered Experience in the U.S. Due to the low-key state of the industry then, both ETFs remained passive and focused on tracking a periodically restructured index. The only active ETF in the U.S. psychedelic sector is the AdvisorShares Psychedelics ETF, launched in September by AdvisorShares.

With more than 2,100 fintech companies and one of the highest fintech adoption rates in the world, India is a global fintech powerhouse, a position it earned thanks to pioneering

The post Top 10 Most Promising Indian Fintech Startups in 2022 appeared first on Fintech Singapore.

Digital investment services and infrastructure company WealthKernel secured $7 million in Series A+ funding to start the week. The round was led by XTX Ventures and featured participation from Digital Horizon, Big Start Ventures, and ETFS Capital. The U.K.-based company said that it will use the capital to fuel expansion across Europe. “I’m incredibly excited Read more...

The post Digital Investment Platform WealthKernel Secures $7 Million in Funding appeared first on Finovate.

Byte Trading, a crypto market maker specialized in derivatives, has raised $7 million in a seed funding round.

The post Crypto market maker Byte Trading raises $7 million in seed funding appeared first on The Block.