Things we’re reading today include … The future of crypto hinges on a fight between Binance and the SEC : NPR The dark side of fintech: BNPL’s negative impact on financial well being (finextra.com) Crypto addiction: The reality behind the seemingly glamorous social media currency | ITV News ‘Like horse trading’: Credit Suisse retail investors…
Things we’re reading today include … Fintech And Crypto Firms Stew And Sue As Fed Moves Into 21st Century–Without Them (forbes.com) UBS ends Credit Suisse’s government and central bank protections (cnbc.com) We need to take back control from the banks – spiked (spiked-online.com) Interpol is after Iraq’s bank robbers (economist.com) Visa’s new head of fintech…
Things we’re reading today include … Leak Reveals BlackRock’s Game-Changing Bitcoin Plan That Could Cause Price Chaos For Ethereum, XRP And Crypto (forbes.com) Third-party guidance spurs US bank rethink on fintech partners – Risk.net Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase (coindesk.com) Revolut to boost crypto team by…
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…
Things we’re reading today include … Not a beautiful day for Bono’s challenger bank (thetimes.co.uk) European fintech players are bracing for market consolidation (thenextweb.com) PayPal launches dollar-backed stablecoin, boosting shares (yahoo.com) City of London calls on Bank of England to delay bank capital rules until mid-2025 | Financial Times (ft.com) Shawbrook plots £3.5bn merger with…
Things we’re reading today include … Inside Prague’s Institute of Crypto Anarchy — where they’re plotting to bring down the dollar (cnbc.com) NatWest imposes new cash limits as latest de-banking row suggests push towards cashless society (telegraph.co.uk) Rogue Traders or Lawsuits Can Hit Banks Like Bad Debts – The Washington Post A big British lender…
This week’s main blog discussions include … Is the City going the way of the shopping mall? I’ve blogged several times that, as people move to online everything, the retail main street stores and shopping malls are dying. In a similar fashion, bank branches are closing faster than ever and becoming restaurants or coffee houses…
Things we’re reading today include … Apple spotlights global fintech ambitions with ‘Pay the Apple Way’ campaign | Marketing Dive Apple users have deposited more than $10bn in its savings product (siliconrepublic.com) Fintech giant Finastra fires dozens in second wave of layoffs | Ctech (calcalistech.com) X (Twitter) alumni and grads join fintech with in-office massages…
Things we’re reading today include … Monzo bank denied Jeremy Hunt an account as staff called Tories ‘evil’ (thetimes.co.uk) Social Media Is Rewriting the Banking Playbook – Scientific American UBS lays off Credit Suisse investment bank staff, closes Houston office -source | Reuters HSBC joins forces with Tradeshift to launch embedded finance business – FinTech…
