Global Intelligence
By Nestor Gilbert Fintechs Report Growth During COVID-19 Despite the chaos and uncertainties that COVID-19 brought upon economies worldwide, fintechs across the globe reported growth on average in Q1 and Q2 2020 (University of Cambridge, 2020). Though this growth was not the same for all regions. and markets, the industry as a whole was quick […]
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By Joe Mysak Build America Bonds are back. So is the ability to refinance debt that comes due years later on a tax-exempt basis. There’s also an increase, to $30 million from $10 million, in the amount of bonds that can be sold by small issuers and for which banks can deduct their cost of […]
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From ZH When GM earlier this year started recalling Bolts, it issued a warning to owners of the EV: don’t charge your car battery to 100 percent. Normally, this would be easy enough to do. But what if your charger got hacked? Last year, researchers from the Southwest Research Institute in Texas successfully hacked the most popular charging […]
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From ZH It’s a tale of two crackdowns – and two cultures. While Beijing scrambles to stamp out immaturity and laziness among its males, Washington is terrified of… wait for it… cryptocurrency. Gary Gensler, Joe Biden’s deeply establishmentarian SEC head, has dropped a bomb on the crypto community with his sudden attack on Coinbase, the […]
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From Bloomberg U.S. officials are discussing launching a formal review into whether Tether and other stablecoins threaten financial stability, scrutiny that could lead to dramatically ramped-up oversight for a fast-growing corner of the crypto market. After weeks of deliberations, the Treasury Department and other federal agencies are nearing a decision on whether to launch an examination by the Financial […]
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Shermin Voshmgir The “scalability trilemma” describes the trade-off in distributed consensus between decentralization, security, and scalability. Decentralization is the premise of a distributed network, security is the most important aspect when the network involves a set of untrusted actors, and scalability refers to the number of transactions a system can process per second. In order […]
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FinTech Cryptocurrency Cryptocurrency serves as a medium of exchange, a store of value, and a unit of measure. While cryptocurrencies have little inherent value, they are used to price the value of other assets. Bitcoin is a cryptocurrency (means of payment) but it can bee seen as a speculative commodity (how much is it trading for), it […]
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Tamara E. Holmes The credit card industry is a big business, and it is dominated by a handful of companies. American consumers collectively were juggling $974 billion in credit card debt as of the end of 2020, according to the Federal Reserve consumer credit report. Top networks by market share Visa Visa is the largest […]
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Michael D McDonald and Ezra Fieser El Salvador bought 400 Bitcoins as it prepares to adopt the cryptocurrency as legal tender from Tuesday, President Nayib Bukele said in a post on Twitter. The currency has a market value of about $20 million at current prices. The country plans to buy “a lot more” of the […]
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Becca Cattlin | Financial writer Forex and stocks are two of the most popular global markets. Before you start trading either, it’s vital to know which is best suited for your trading strategy and risk appetite. Look at our comparison and learn the differences. What is the difference between forex and the stock market? The largest difference […]
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