Things we're reading today include ...
- Italy to hit banks with 40 percent windfall tax – POLITICO
- Fed Starts New Program to Oversee Crypto Activity in U.S. Banks (coindesk.com)
- Crypto must be taught in schools – here’s why - CityAM
- PayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto World
- Sex Workers Took Refuge in Crypto. Now It’s Failing Them | WIRED UK
- Billionaire-Backed Fintech Becomes Hong Kong’s Latest Unicorn With $458 Million Round, Baillie Gifford Joins As A New Investor (forbes.com)
- Singapore Accounts for Over 50% of All Fintech Investment in SEA | Financial IT
- Commonwealth Bank posts record $10bn profit amid rising stress for borrowers | Commonwealth Bank | The Guardian
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...