Martin Baker, award-winning journalist and head of communications at Money&Co., looks at Non-Fungible Tokens (NFTs). The lunatic with the loudest voice in the asylum at the time of writing is undoubtedly the NFT. Artist Damien Hirst is set to enter the NFT world with much-heralded plans to sell 10,000 artworks tied to corresponding NFTs. The […]
There’s not just gold in them there FinTech hills, as the saying goes, but actual money – in the form of fiat currency and possibly cryptos too. Our friends at Altfi report on how the Fintech sector has performed for those who invested in its companies: Early bets on fintechs like Klarna, Starling Bank and Wise are paying off handsomely […]
The big FinTech story of the weekend was the move by the UK’s lead financial regulator, the Financial Conduct Authority to clamp down on much of the cryptocurrency trading activity in the UK. Crypto transactions are opaque (the transaction is easy to see on the blockchain, but the true identity of the beneficial owner of […]
Our latest loan offer is closing today. Atlantic Screen Scores Ltd is 94 per cent filled at the time of writing and will close today at 6pm. If you wish to make a bid, please do so as soon as possible. The loan is eligible for inclusion in an Innovative Finance ISA. If you hold the […]
Cambridge, the western corridor along the M4 motorway and London have long been the major clusters of technology and FinTech companies in the UK can be found. That concentration is diluting outwards across the country, as our friends at Finextra report: The UK’s fintech scene has become much less London-centric over the last couple of […]
If mainstream finance doesn’t hurry up with its attempts to integrate with the alternative sector, it will soon be overtaken by the digital challengers. Our friends at Finextra report the latest research: More than half of millennials are happy to switch to, or have already switched, to a digital-only bank; reveals the latest data from […]
As previously reported in this News section, central bank digital currencies are at the cutting edge of the struggle between the old system, of money and value exchange and the new. Our view was, and remains: “While CBDCs may be digital currencies… they are not cryptocurrencies. Cryptos have a money supply and validation run by […]
It’s long been possible to buy train tickets from machines on Swiss train stations. The latest step to bring cryptos into the mainstream in this country – which is in the vanguard of the race to normalise cryptos – is reported by our friends at Finextra: After six months of testing with a selected group […]
The governments and regulatory authorities of developed nation states have a major imperative: to control the nature of cryptocurrencies and the way they do business. Our friends at Crowdfundinsider reports on a seminal piece of litigation in the US: In December 2020, the Securities and Exchange Commission (SEC) filed a complaint in a New York federal court against Ripple […]
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 […]