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OCEAN BIOMEDICAL Inc. is expanding into the energy and digital-asset sectors while announcing it has been delisted on the Nasdaq exchange and a founding member has resigned from its board of directors, according to its filing with the U.S. Securities and Exchange Commission on April 22.

SEC filing of the week: Ocean Biomedical expands into energy, digital...

PROVIDENCE – Ocean Biomedical Inc. is expanding into the energy and digital-asset sectors while announcing it has been delisted on the Nasdaq Stock Market...

Gu and Casimiro introduce bill to regulate crypto ATMs in Rhode Island

PROVIDENCE – Rhode Islanders lost more than $10 million to cryptocurrency scams in 2023, according to the FBI. As a response, a bill filed by Sen. Victoria...
ADVISING CAUTION: Sen. Louis P. DiPalma, D-Middletown, says the state shouldn’t jump into buying crypto-related investments for public pension funds and treasuries even though other states are becoming more open to it. 
COURTESY CAPITOL TV

States could see a crypto policy blitz in 2025; will R.I....

If the R.I. State Investment Commission, which manages the state’s $11 billion public retirement system, had a crystal ball in 2019, it could have...
OPPORTUNITY AHEAD? Boyd E. Foster Jr., partner at Feeney, Foster & Cavanagh CPAs LLC, says recommendations by the Federal Accounting Standards Board that would ease tracking the value of cryptocurrency held by businesses may allow his firm to take on corporate clients that have those assets. 
PBN PHOTO/MICHAEL SALERNO

The end of the cryptocurrency ‘nightmare’ on ledgers?

As cryptocurrency investors rode the digital currency rollercoaster over the last several years, Claire M. Iacobucci was right alongside them. As partner and director of...

Treasury recommends exploring creation of a digital dollar 

WASHINGTON (AP) – The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying...
A FEW RHODE ISLAND-BASED nonprofits have either begun, or are beginning to, accept cryptocurrency as a donation option. / AP FILE/KIN CHEUNG

Should nonprofits actively seek cryptocurrency donations?

Always in search of new donation sources, Rhode Island nonprofits are beginning to dip their toes into cryptocurrency. Providence Business News recently reported that The...
A FEW RHODE ISLAND-BASED nonprofits have either begun, or are beginning to, accept cryptocurrency as a donation option. / AP FILE/KIN CHEUNG

Some R.I. nonprofits beginning to accept cryptocurrency donations

PROVIDENCE – Fundraising is a significant element to a nonprofit’s operations in order for the organizations to serve their respective communities. While organizations regularly...
CRYPTO ­CONCERNS: Leigh E. Furtado, attorney and senior associate at the law firm Day Pitney LLP, says she’s finding more clients inquiring about protecting their crypto­currency during estate planning. / PBN PHOTO/MICHAEL SALERNO

Crypto can complicate trust, estate planning

“HODL,” an abbreviation for “hold on for dear life,” has become a motto for a class of cryptocurrency enthusiasts who aren’t interested in selling. But...

Five Questions With: Daniel Polotsky

Daniel Polotsky is founder and chairman of CoinFlip, a Chicago-based financial services provider focused on cryptocurrency that recently announced plans to expand its over-the-counter...

Five Questions With: Jamie Worrell

Jamie Worrell is co-founder of Strategic Retirement Partners and managing director of its Northeast office, where he and his team provide investment advice and...
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