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Microsoft May Have Given Bitcoin Investments A Miss But A Large MSFT Stock Holder Is A Strong Crypto, Blockchain Advocate
Thursday, March 6, 2025 - 2:38am | 596Read More...Microsoft Corp.’s (NASDAQ:MSFT) refusal to explore Bitcoin (CRYPTO: BTC) investments dampened the spirits of cryptocurrency enthusiasts who had hoped the tech behemoth's move would drive demand for the leading digital asset. However, it's worth noting that one of its largest shareholders,...
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Mohammed El Erian Says This Country Faces Japan-Style Economic Risk Even As Tokyo Rebounds
Monday, December 23, 2024 - 1:57am | 774Read More...Another country now faces a significant risk of economic stagnation warned veteran economist Mohamed A. El-Erian, in an X post, as the the major economic power’s short-term bond yields plummeted to a two-decade low on Friday. What Happened: The yield on one-year Chinese government debt...
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High-Interest Rates Could Cause 'More Things To Break' In US Economy By 2025, Warns Strategist
Tuesday, April 16, 2024 - 6:47am | 657Read More...A strategist from State Street has warned that the U.S. economy could face turbulence in 2025 if the Federal Reserve does not act on interest rates soon. What Happened: Altaf Kassam, the head of investment strategy in EMEA for State Street, expressed his concerns on Tuesday, stating that...
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15-Minute City London Aims To Be A Hotbed For Startups, Venture Capital Once Again
Tuesday, October 24, 2023 - 11:55am | 774Read More...Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...
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State Street Drops Crypto Custody Firm Copper Like A Hot Potato
Thursday, March 16, 2023 - 5:43pm | 259Read More...Global custody bank State Street has ended its licensing agreement with Copper, a cryptocurrency custody firm that recently announced the closure of its enterprise infrastructure division. A State Street spokesperson confirmed the end of their working relationship, stating "both companies will...
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EXCLUSIVE: Why The Largest Custodian Bank In The World Sees Opportunity In Tokenization, Not Cryptocurrencies
Thursday, December 8, 2022 - 3:42pm | 606Read More...State Street (NYSE: STT) has ramped up its focus on digital assets and tokenization as it sees significant opportunity in the space. But, "it's not about cryptocurrencies," State Street's Jay Biancamano said Thursday at Benzinga's 2022 Global Fintech Deal...
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BZ Bites: State Street Hones In On Crypto, Adds Digital Custody Through Copper.co
Wednesday, March 9, 2022 - 5:48pm | 215Read More...State Street Corporation (NYSE: STT) announced a new crypto custody offering in partnership with custody startup Copper. The development comes as a follow-through on the company’s earlier custody ambitions. “As institutional investors’ interest in digital assets continues to...
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Fintech Focus For August 2, 2021
Sunday, August 1, 2021 - 7:49pm | 1817Read More...Quote To Start The Day: "The first casualty when war comes is truth.” Source: Hiram Johnson One Big Thing In Fintech: Square will buy Australia’s Afterpay for about $29 billion in an all-stock deal as the U.S. fintech firm looks to leverage the burgeoning popularity of buy now,...
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Fintech Focus For July 26, 2021
Sunday, July 25, 2021 - 6:45pm | 1530Read More...Quote To Start The Day: "You can’t depend on your eyes when your imagination is out of focus.” Source: Mark Twain One Big Thing In Fintech: Crypto exchange Binance US could go public, Binance CEO Changpeng "CZ" Zhao has said. "Our partner in the U.S. is looking at...
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Fintech Focus Roundup For July 10, 2021
Friday, July 9, 2021 - 12:39pm | 1371Read More...Fintech Spotlight: State Street Builds Out Data, Digital Experiences State Street Corp, a fintech serving some of the most sophisticated market participants, has announced a partnership with Canoe Intelligence to roll out cloud-based, machine learning technology that transforms private markets...
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Fintech Focus For June 29, 2021
Monday, June 28, 2021 - 5:51pm | 1864Read More...Quote To Start The Day: “Don't be afraid to give up the good to go for the great.” Source: John D. Rockefeller One Big Thing In Fintech: Randal Quarles, the Federal Reserve’s vice chair for supervision, is out with a new speech on digital money and the main gist is that he...
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Fintech Spotlight: State Street Builds Out Data, Digital Experiences
Monday, June 28, 2021 - 3:20pm | 572Read More...State Street Corp (NYSE: STT), a fintech serving some of the most sophisticated market participants, has announced a partnership with Canoe Intelligence to roll out cloud-based, machine learning technology that transforms private markets processing and document management. In light of the...
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Fintech Focus For June 23, 2021
Tuesday, June 22, 2021 - 8:20pm | 2502Read More...Quote To Start The Day: “Amazon is the most formidable. If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.” Source: Alex Rampell One Big Thing In Fintech: While headlines from the blockchain industry have recently been dominated...
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Fintech Focus For June 14, 2021
Sunday, June 13, 2021 - 10:13pm | 1829Read More...Quote To Start The Day: "[C]ost-push inflation will be the primary driver of inflation through the remainder of this year and into next. The Fed is betting on this, but if it is wrong, it will be because a wage-price spiral developed, although that is unlikely to occur until the economy has...
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Fintech Focus For June 11, 2021
Thursday, June 10, 2021 - 5:51pm | 2464Read More...Quote To Start The Day: "As my knowledge of things grew I felt more and more the delight of the world I was in.” Source: Helen Keller One Big Thing In Fintech: The Basel Committee on Banking Supervision on Thursday recommended the highest possible risk weighting — 1,250% —...
