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Fintech Focus For October 23, 2020
Thursday, October 22, 2020 - 6:11pm | 2440Read More...Quote Of The Day: Do not be mistaken. The relative calm we feel right now isn’t the end of the storm, it is just the eye. - Scott Minerd Fintech Movers: Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions...
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Fintech Focus For October 22, 2020
Wednesday, October 21, 2020 - 5:14pm | 2017Read More...Quote Of The Day: When we strive to become better than we are, everything around us becomes better too. - Paulo Coelho Fintech Movers: Coinbase received 1,914 requests for information in the first six months of 2020 alone. Nearly 60% of those came from state and federal agencies in the U.S.—...
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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 6:50pm | 2542Read More...Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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Fintech Focus For September 22, 2020
Monday, September 21, 2020 - 6:33pm | 1543Read More...Quote Of The Day: A friend is one soul abiding in two bodies. - Aristotle Fintech Movers: Federally chartered banks can hold reserve funds for stablecoin issuers, according to new guidance from the U.S. Office of the Comptroller of the Currency. - Block Binance creates exclusive Innovation Zone....
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Fintech Focus For September 4, 2020
Thursday, September 3, 2020 - 6:28pm | 2158Read More...Quote Of The Day: The supreme art of war is to subdue the enemy without fighting. - Sun Tzu Fintech Movers: By eliminating the need for a trust-based model, Bitcoin is calling into question the current foundation of economic organizations and is paving the way for a more predictable financial...
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Fintech Focus For July 13, 2020
Monday, July 13, 2020 - 8:52am | 1791Read More...Daily Perspective: Simple shifts in individual behavior could reduce the wealth gap we have today. - Philip Michael Fintech Movers: The P&C insurance industry has yet to see the full impact from Covid-19 — but it is coming. As incumbents look to gain a competitive edge and protect the...
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Fintech Focus For July 10, 2020
Friday, July 10, 2020 - 7:57am | 1814Read More...Daily Perspective: The market is not the economy. - Mike Loewengart Fintech Movers: The digital lending platform market was estimated at $4 billion in 2018. This number is expected to grow at a compounded annual growth rate of over 20% in the next 5 years, putting it at an estimated $17 billion by...
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Fintech Focus For June 26, 2020
Friday, June 26, 2020 - 8:59am | 1382Read More...Daily Perspective: I have never advocated war except as a means of peace. - Ulysses S. Grant Fintech Movers: Futures exchanges would be expected to create defenses against disruptive technology failures, but might not have to upgrade current policies under a proposal issued by a U.S. derivatives...
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Interactive Brokers, Phillip Capital Group Partner With The Small Exchange
Wednesday, June 3, 2020 - 9:43am | 529Read More...On the heels of launching a futures exchange and receiving approvals from the U.S. Commodity Futures Trading Commission (CFTC) and Options Clearing Corporation (OCC), the Small Exchange announced it secured a $4 million investment from Interactive Brokers Group (NASDAQ: IBKR) and Phillip Capital...
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'A Chance To Change The World': The Small Exchange Opens, Launches Small, Standard, And Simple Futures Products
Wednesday, May 20, 2020 - 5:22pm | 769Read More...On May 19, the Small Exchange announced the launch of a new futures exchange after receiving approval from the U.S. Commodity Futures Trading Commission (CFTC) and successfully completing Options Clearing Corporation (OCC) tests. The launch marks a new beginning for the industry, as more market...
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Former CFTC Chairman, Accenture Envision A Fed-Issued Digital Currency Distributed By Banks
Thursday, January 23, 2020 - 6:45am | 471Read More...Former Commodity Futures Trading Commission chairman Christopher Giancarlo presented a detailed look into his Digital Dollar Project at the event in Davos. A Fed-Issued Currency The aim of the Digital Dollar Project is to encourage the launch of a central bank digital currency in the United States...
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Goldman Sachs Fined $1M By CFTC
Wednesday, November 27, 2019 - 3:06am | 249Read More...The U.S. Commodity Futures Trading Commission on Tuesday fined Goldman Sachs & Co. Ltd. — a Goldman Sachs Group Inc. (NYSE: GS) subsidiary — with $1 million. What Happened The New York-based investment giant was fined for failing to keep certain audio recordings required for swap...
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CFTC Warns Against Cryptocurrency Pump And Dumps
Thursday, February 15, 2018 - 2:46pm | 377Read More...Cryptocurrency traders were seemingly undeterred Thursday by Commodity Futures Trading Commission publications warning of pump-and-dump schemes. Eighty-nine percent of the top 100 cryptocurrencies trended up on the day, according to CoinMarketCap.com. The CFTC issued a Customer Protection Advisory...
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WSJ Analysis Shows Very Few Bankers Have Been Held Accountable For Financial Crisis
Thursday, May 26, 2016 - 2:29pm | 405Read More...A new Wall Street Journal report by Jean Eaglesham reveals just how rarely individual bank employees are convicted of crimes. Following the Financial Crisis in which irresponsible lending and trading practices at the big banks nearly led to the collapse of the U.S. financial system, many Americans...
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New Ruling Defines Bitcoin As A Commodity In The US
Friday, September 18, 2015 - 6:19am | 305Read More...The Commodity Futures Trading Commission has cracked down on California-based startup Coinflip Inc. for conducting business without registering with the agency or meeting the criteria to qualify for an exemption. On Thursday, the Commission issued a statement saying that it had filed and...
