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Fintech Focus For April 16, 2021

·2 min read
Fintech Header
Fintech Header

Quote To Start The Day: "Spread love everywhere you go. Let no one ever come to you without leaving happier."

Source: Mother Teresa

One Big Thing In Fintech: Residents of Miami-Dade County in the U.S. state of Florida may one day be able to pay their taxes in the form of cryptocurrency.

A memorandum made public on Thursday indicates that Miami-Dade County commissioner Danielle Cohen Higgins has proposed the creation of the Miami-Dade Cryptocurrency Task Force, which, among other objectives, would seek to determine the feasibility of using cryptocurrencies as payments for county taxes, fees, and services.

Source: The Block

Other Key Fintech Developments:

  • Clearcover adds $200M for growth.

  • Metromile unpacks driving, mobility.

  • What’s BitClout, the social network?

  • Symphony adds Goldman veteran.

  • Social Token platform raises $22M.

  • SuperWorld chose Props for token.

  • Cathie Wood loads up on Coinbase.

  • Danish Red Cross adds DLT bonds.

  • MoneyLion announces 2020 results.

  • Confluence is acquiring Fundpeak.

  • Spence, Shield eye cannabis banking.

  • Marcus executive runs to JPMorgan.

  • Coinbase now a top 10 Apple app.

  • Accelerating the changes in fintech.

  • Edward Snowden auctions off NFT.

  • Empowering traders with technology.

  • Brevan Howard getting into cryptos.

  • Applied Blockchain adds Silentdata.

  • SocGen issues products as tokens.

Watch Out For This: Pfizer CEO Albert Bourla said people will “likely” need a booster dose of a Covid-19 vaccine within 12 months of getting fully vaccinated. His comments were made public Thursday but were taped April 1.

Source: CNBC

Interesting Reads:

  • Florida man jumps SUV over bridge.

  • US added new sanctions on Russia.

  • Dan Gilbert makes a case for Detroit.

  • ARK adds Q1 2021 Quarterly Report.

  • Rocket, City of Detroit eye recovery.

  • Value-drive benefits the bottom line.

  • Monthly consumer price index rises.

  • Unusual stock trading by Congress.

  • Ins, Outs: Word-of-mouth marketing.

  • Goldman’s prime business at record.

  • Record assets in ETFs, ETPs listed.

  • Here are top options for going public.

  • Analysis: IPO long-run performance.

  • U.S. retail sales jumped nearly 10%.

Market Moving Headline: Data from Breakout Point showed Coinbase’s listing attracted a horde of retail investors, higher than that flocking to other popular tech stocks including GameStop and Tesla. It also beat stocks including Airbnb, Roblox, Snowflake and Palantir.

Source: Financial News

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