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 […]
As we’ve been saying – to the point of needless repetition – the cryptos are coming. One of the more interesting stories in a raft of news is reported by our friends at Finextra: Change, a cryptocurrency investing platform for retail investors, has closed a €3.7 million crowdfund from 50 private investors at a €175 […]
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, […]
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 […]
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 […]
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 […]
Why do valuations of Fintech companies keep tripling? Our friends at AltFi ask, and partially answer, this question… This year so far has seen some of the biggest fintech funding rounds in history, with some of the biggest names in fintech picking up billions of dollars worth of VC funding. In the first quarter of […]
We can all sleep a little safer in our digital beds, if a report by our friends at The Fintech Times is to be believed. This news item – see extended excerpt below – looks at research focused on system security, which FinTech companies have generally beefed up in the post-pandemic, digitally driven world: According […]
Bitcoin, the heavyweight of the cryptocurrency world, has had a relatively tough time recently – following the extraordinary price surges of the early part of the year. The currency is currently trading at just under $45,000 after highs of $64,000. See our recent blog on the topic. Meanwhile, AltFi opines on what it sees as […]
Regular readers will be aware of this item, a regular in our News section. There’s a very strange kind of beauty contest going on amongst the world’s central bankers. The competition is on to produce a widely accepted digital currency. A central bank digital currency (CBDC) will not of course be a true cryptocurrency, as […]