Fintech Focus For April 16, 2021

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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.
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    • 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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