Author Archives: Martin Baker

FCA Research Shows Increased Interest In Cryptos – Plus Loan Latest

Well, at the risk of repeating ourselves… today sees yet more news of the rise of cryptocurrencies, as reported by our friends at Finextra. Here’s an excerpt: New research from the UK’s Financial Conduct Authority has found that excitement about the rising valuations attached to cryptocurrencies has firmly penetrated the retail consumer market. Overall, public […]

BIS Opens Third FinTech Innovation Hub In London

The scramble to promote – and to develop in the financial community – awareness of digital money continues. Our friends at Finextra report on the latest move from the Bank for International Settlements, which has opened its third innovation hub in London. Established in 2019 to support exploratory work into new frontiers in financial technology, […]

CBDCs At Cutting Edge Of Struggle For Digital-Money Dominance

Central Bank Digital Currencies (CBDCs) are a key battle ground in the competition to dominate the world of digital money. Crowdfundinsider reports the G7 joint statement on innovation in digital money and central bank digital currencies. After Crowdfundinsider’s reporting, we add commentary of our own: To quote the G7: “G7 Central Banks have been exploring […]

Europe Takes Closer Look At Digital Finance

Brexit may be officially “done” – although the negotiations and the attempts to ameliorate the trading damage continue apace. Meanwhile the UK FinTech sector is necessarily affected by what happens in Europe. No man – and no industry, certainly – is an island. Our friends at Crowdfundinsider report: European securities regulator, the European Securities and Markets […]

Central Banks And Private Sector Compete Over Digital Money Supply

There’s competition between “private” money generated by investment banks and Central Bank Digital Currencies, as pointed out in a recent speech by Sir Jon Cunliffe, head of the Bank of England’s CBDC project and a leading light in the Digital Money Institute. The full text of the speech is here. A report by Finextra is […]