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The trial of Sam Bankman-Fried, founder and creator of what many call a Ponzi scheme called FTX, has started in New York. FTX was a cryptocurrency exchange that, like MtGox a decade before, lost millions/billions of dollars of investor’s money. C’est la vie. There’s lots of reportage out there about the trial, the background, the…

Lots of discussions these days are about AI. AI this, AI that, AI movie, AI influencers, even AI pop. (the K-pop group Mave do not exist – they are generated by AI) Every day, these developments shock and intrigue me. But what does this mean for banking and finance? Well, I guess there are some…

As a general rule, I try to avoid being too personal in blogging. Sure, this is an opinion-based platform, but it’s boring talking about me, isn’t it? But then, last week, it proved to be a pretty amazing and exceptional week, so I’m just going to park this here. The week began with a trip…

This week’s main blog discussions include … Generative finance, or GeFi for short We’ve had DeFi, CeFi, ReFi and more, but now it’s time for GeFi. If those phrases confuse you, we have Decentralised Finance versus Centralised Finance; we have Regenerative Finance, and now we have Generative Finance, or GeFi for short. What is GeFi?…

We’ve had DeFi, CeFi, ReFi and more, but now it’s time for GeFi. If those phrases confuse you, we have Decentralised Finance versus Centralised Finance; we have Regenerative Finance, and now we have Generative Finance, or GeFi for short. What is GeFi? It’s the integration of artificial intelligence (AI) into finance. This all started with…

I blogged about tokenizing everything the other day and my friend Efi made an interesting post the other day, related to this, about a report from the Boston Consulting Group. The report focuses upon India, which claims to be the third largest FinTech economy behind America and Britain, and specifically calls out a few key…

This is quite a complicated update, but it came to mind when I saw that JPMorgan analysts are predicting stablecoins could destabilise the traditional financial markets. This is because the Federal Reserve decided in April that money funds created for the sole purpose of accessing its overnight reverse repo facility, which is called ON RRP,…

When I was a lad – a good start for any commentary – we didn’t know nothing about money. I got pocket money from my dad but, if I begged hard enough and long enough, my dad would relent and buy me that Batman Corgi car I had been lusting after. At school, they taught…

I was intrigued by The Financial Brand’s autumn (Fall) magazine about younger folks or, as some call them, Gen Z. Personally, I’m not a fan of demographics. You can throw people into buckets of ages, but not everyone of a certain age behaves the same way. Neverhteless, there are some interesting perspectives of how Gen…

This week’s main blog discussions include … Gaming + AI + The Metaverse = ? I was asking the other day whether it is better or worse that my children play video games rather than watch movies, and the reaction was: time moves on. It surely does. The gaming industry is now bigger than Hollywood…