Fintech Focus For April 16, 2021

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