News Stocks 

A Canadian investment bank is quietly pursuing a critical regulatory approval that would solve one of the biggest pain points for the US marijuana industry

“One of the biggest pain points preventing multibillion-dollar institutions from investing in the US cannabis industry may soon be solved” writes Jeremy Berke for businessinsider.com. For comparison, the cigarette industry in the US is worth roughly $80 billion, according to the investment bank Cowen.Canaccord Genuity, a mid-size Canadian investment bank, is seeking approval from the Financial Industry Regulatory Authority (FINRA) to act as a custodian for US investors, according to a source familiar with the matter.Because cannabis is federally illegal in the US, the government could, in theory, prosecute banks…

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Crypto News 

Blockchain and Crypto Business Reps Protest Nevada Bill

“The Nevada Technology Association (NTA) said that the bill was premature and would put Nevada at a competitive disadvantage as blockchain was still in its nascent stages” writes Aaron Wood for cointelegraph.com. Following an initial explanation of the bill before the committee, representatives from the crypto industry protested the legislation.Representatives from the blockchain and cryptocurrency industries voiced their concerns about a bill in the Nevada State Senate in a Judiciary Committee hearing on Tuesday, March 12.Early this year, the Associated Press found that some counties in Nevada were issuing marriage…

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News 

Burns survivor turned model calls on beauty industry to widen its appeal

“A burns survivor who was scarred for life in a horrific coach crash has called for the beauty industry to do more to appeal to women suffering from facial disfigurements” writes Senior News Reporter for telegraph.co.uk. But speaking about the launch of the collection on Friday she said the industry as a whole needs to do more for women like her.Catrin Pugh, who suffered 96 per cent burns in the accident six years ago, said beauty and make up firms were failing to provide women like her with suitable role…

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Crypto News Platforms 

YAX Announces Token Sale for Platform Set to…

“The YAX platform seeks to replace the traditional Internet advertising model of commerce with a fair and transparent system that rewards each stakeholder in the digital advertising ecosystem, from advertisers and consumers to publishers and creators” writes Live Bitcoin News for livebitcoinnews.com. YAX is a blockchain-based exchange platform that aims to replace the traditional model online advertising. Source: livebitcoinnews.com

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News Oil 

All the world a stage: Rising U.S. oil clout on show in Houston

“HOUSTON (Reuters) – A glance at the attendee list at one of the world’s largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics” writes Midwest Communications Inc for 95kqds.com. Washington’s growing influence, she added, has already started to shift oil politics among allies and adversaries across the world.It turned out to be an empty threat, and a reflection of how OPEC had struggled to deal with the surge in U.S. energy production.So far, that bet has…

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News 

AT&T’s has a streaming choice problem that has the industry guessing about its long-term strategy

“That’s a lot of choice for consumers in a pay-TV industry that’s already highly fragmented” reports businessinsider.com. A director who worked in marketing said the strategy to sell DirecTV and cellphone packages always seemed disconnected, especially as AT&T started pushing harder for wireless sales. Source: businessinsider.com

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Crypto Markets News Platforms 

Canada: Regulatory Bodies Call on Crypto Industry to Participate in Securities Law Review

“Two national securities bodies in Canada have issued a joint consultation paper on March 14, aiming to gather industry feedback about cryptocurrency token regulation” writes William Suberg for cointelegraph.com. In a summary press release about the paper, the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) said it was necessary to adapt existing laws in order to cope with the emergence of new trading platforms specializing in crypto-assets.Canada has maintained a reticent stance by comparison, with the tone of the latest documentation being conspicuously pro-change as…

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News 

Americans have some disturbing misconceptions about their financial advisers

“Nearly a third of Americans think that financial advisers are likely to rip off their clients” writes Brett Arends for marketwatch.com. For example, 48% believe that all financial advisers “have a legal obligation to act in clients’ best interests.” But that belief is simply not true, note industry experts.The North American Securities Administrators’ Association, which represents state regulators, says in total there about 350,000 so-called RIAs in the U.S. There are almost twice many financial advisers who are not subject to this rule. Source: marketwatch.com

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Crypto News 

Ethereum Co-Founder Joseph Lubin: Blockchain Can Benefit Artists, Journalists

“Ethereum co-founder and ConsenSys creator Joseph Lubin said that blockchain technology and decentralization can benefit content creators and journalists” writes Aaron Wood for cointelegraph.com. Lubin spoke about different industries that are benefitting from blockchain technology in a video on March 12.In the video, Lubin said that artists are “set to benefit quite dramatically” from blockchain, as it allows them to attach policies and stipulations for how the content is consumed and shared i.e. derivative works, streaming, public performances, etc. The platform — which aims to provide an alternative business model…

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