Quote To Begin The Day: “The brand new cryptocurrency revolution will assist everybody get a financial institution id — a monetary id — just like the web gave everybody the likelihood to see what was taking place of their nation, because the Arab Spring.”
Supply: Giacomo Arcaro
One Massive Factor In Fintech: The SEC is reportedly investigating Uniswap Labs, developer of the decentralized alternate Uniswap.
The investigation may herald a brand new period of crypto enforcement for the regulator.
Different Key Fintech Developments:
- BBVA launching crypto pockets tech.
- State Road opens cyber, tech unit.
- Marathon, NYDIG announce collab.
- Nubank provides Apple Pay integration.
- BMO leverages AI for notice pricing.
- Firstrade hones buying and selling, expertise.
- MoneyLion added an inventory replace.
- RH: PFOF ban can be draconian.
- SurePay provides funds for financial institution tech.
- Bridging hole between BNPL provides.
- Residents, Moven crew on neobank.
- Secfi strikes to develop management.
- Purchase-side corporations look to digitalization.
- The Voyager Digital Crypto Imaginative and prescient.
- Bano, Nium fixing digital funds.
- OneZero has added analytics supply.
Watch Out For This: U.S. Senator Elizabeth Warren (D-MA), a long-standing critic of cryptocurrency, instructed the New York Occasions that, in her view, cryptocurrency is “the brand new shadow financial institution.”
- market crash safety.
- Resilience key in entrepreneurship.
- GM shuts down American factories.
- Story: Afghan biometric databases.
- Google eyeing in-house manufacturing.
- Can macro be an edge for merchants?
- Taliban depends on Chinese language financing.
Market Transferring Headline: Briefly, this fall we nonetheless count on our mid-cycle transition to finish with a ten%+ S&P 500 correction. However a story of both quicker or slower progress will decide the management from right here.
Supply: Morgan Stanley
© 2021 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.