Quote To Start The Day: "You don’t need to have a 100-person company to develop that idea.”

Source: Larry Page

One Big Thing In Fintech: At a press conference in the Senate on Monday, Senators Pat Toomey and Cynthia Lummis revealed a new compromise on cryptocurrency tax provisions.

Source: Block

Other Key Fintech Developments:

Watch Out For This: The first major assessment from the UN-backed Intergovernmental Panel on Climate Change in nearly a decade sees no end to rising temperatures before 2050.

Source: Bloomberg

Interesting Reads:

Market Moving Headline: The eventual debt ceiling suspension risks reinforcing a tighter liquidity trade as the timing of the eventual debt ceiling suspension and the Fed taper decision is likely to coincide. A strong $-scenario, and one that risks refueling the USD-belly.

Source: Nordea