Fintech Focus For June 25, 2021

Quote To Start The Day: “Success is not final; failure is not fatal: It is the courage to continue that counts.”

Source: Winston S. Churchill

One Big Thing In Fintech: Eric Adams, the current front-runner in the 2021 New York City mayoral election in the Democratic primary, appears to be pro-crypto.

"I'm going to promise you in one year … you're going to see a different city," Adams said during his election night party speech on Monday. "We're going to bring businesses. We're going to become the center of life science, the center of cybersecurity, the center of self-driving cars, drones, the center of bitcoins."

Source: The Block

Other Key Fintech Developments:

Watch Out For This: President Joe Biden celebrated his tentative deal with a group of Democratic and Republican senators on a $579 billion infrastructure plan, saying it would create millions of jobs while fulfilling a major piece of his economic agenda.

Source: Bloomberg

Interesting Reads:

Market Moving Headline: Quality and low volatility are performing their function: providing upside while helping to manage overall portfolio volatility.

Source: BlackRock

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