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BNY Mellon Gets Exemption From SEC's Controversial Crypto Custody Rule: Will It Challenge Coinbase's Hegemony In Holding Assets For Bitcoin And Ethereum ETFs?
Wednesday, September 25, 2024 - 4:33am | 569Global financial services company The Bank of New York Mellon Corp. (NYSE:BK) secured an exception from the U.S. Securities and Exchange Commission’s (SEC) contentious SAB 121 rule, paving the way for its entry into the lucrative but largely untapped cryptocurrency custody market. What...
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Fintech Focus For July 9, 2021
Thursday, July 8, 2021 - 6:55pm | 1933Quote To Start The Day: “Life is a long lesson in humility.” Source: James M. Barrie One Big Thing In Fintech: Derivatives could be the next financial “lego block” to be disrupted by DeFi. To get an idea of how massive the opportunity is, spot trades (stocks, bonds,...
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Fintech Focus For April 15, 2021
Wednesday, April 14, 2021 - 10:15pm | 1670Quote To Start The Day: "We’re seeing customers habituated into digital banking, in a way that would have likely happened, but may have taken longer. These trends … will continue to accelerate." Source: Allison Beer One Big Thing In Fintech: For Coinbase the road ahead is...
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Fintech Focus For February 9, 2021
Monday, February 8, 2021 - 8:32pm | 2129Quote To Start The Day: If you can change your mind, you can change your life. Source: William James One Big Thing In Fintech: Tesla has disclosed in an SEC filing published Monday that it has bought $1.5 billion worth of bitcoin. "In January 2021, we updated our investment policy to provide...
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Fintech Focus For February 8, 2021
Sunday, February 7, 2021 - 8:25pm | 2192Quote To Start The Day: Excessive determinism is almost always the biggest enemy of stability. This seeming contradiction is behind the concept of metastability which captures the mode of market functioning in the last years. Metastability is what seems stable, but is not — a stable waiting...
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Fintech Focus For September 29, 2020
Monday, September 28, 2020 - 5:40pm | 1775Quote Of The Day: When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. - Henry Ford Fintech Movers: Financial health will become the new basis of competition in banking. - Forbes Finicity added to banking and credit tech. Wirex...
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Fintech Focus For August 28, 2020
Thursday, August 27, 2020 - 5:47pm | 2399Quote Of The Day: Never let the fear of striking out keep you from playing the game. - Babe Ruth Fintech Movers: The US SEC approved the proposed Discretionary Limit, or D-Limit, order type from exchange operator IEX Group as three new exchanges are also slated to launch within the next month. -...
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Fintech Focus For July 9, 2020
Thursday, July 9, 2020 - 10:15am | 2011Daily Perspective: We are now better at living with the virus. - Deutsche Bank Fintech Movers: The bro influencers of TikTok, released into the wild with sick iPhone hacks and dropshipping tips but a few years ago, have matured from pups to the Wolves of Social Media. Now they’re harnessing...
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Fintech Focus For June 29, 2020
Monday, June 29, 2020 - 10:17am | 1810Daily Perspective: The greatest glory in living lies not in never falling, but in rising every time we fall. - Nelson Mandela Fintech Movers: Ally Financial and CardWorks are terminating their planned $2.65 billion merger, the companies announced Wednesday in a press release. The companies cited...