Tagged: concryt

70 European Academics Support Digital Euro/CBDC: “A robust public digital euro is our only defence”

“Without a meaningful digital Euro, our dependence will deepen as US-backed private digital currencies are gaining ground.” Sustainable Finance Lab has posted an open letter signed by 70 European Academicians supporting a central bank digital currency (CBDC) or digital Euro. The supporters included economists and… Read More

Mixed Bag in Autumn Budget as Chancellor Rachel Reeves Says Taxes Will Rise. Fintech Insiders Comment.

The Chancellor of the Exchequer, Rachel Reeves, revealed the Autumn Budget today, and for those anticipating multiple tax increases, the statement did not disappoint. Reeves said the government is “doubling down on its plans and the economic and fiscal strategy it set last autumn.” While… Read More

Snapchat, Some Banks, Coinbase Others Impacted by AWS Outage

AWS, the incredibly successful infrastructure venture by Amazon (NASDAQ:AMZN) experienced an outage earlier today that impacted thousands of website. AWS confirmed the outage explaining there was an issue with a Domain Name System (DNS) failure that mainly impacted the US East – 1 region. While… Read More

Chancellor Rachel Reeves Meets with Top Fintechs in Advance of Spring Statement

Chancellor of the Exchequer Rachel Reeves has met with a group of top Fintechs in advance of next week’s Spring Statement, according to a report from Sky News. This follows an announcement about the UK government’s new policy of slashing red tape and reducing regulatory… Read More

Labour Government to Support UK Fintech, May See £328 Billion Tax Boost from Key Sector

The new Labour government is expected to “embrace” the UK Fintech industry. The UK has long been a top global financial services sector, and support of Fintech is key to growth and ongoing relevance. According to a report in CityAM, the new Chancellor of the… Read More

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