Weekly Roundup
Gameification
SEC Chair Gensler issued a report on gamification of markets, discussing market volatility during the meme stock frenzy and exploring market structure review topics.
Crypto
SEC commissioner Hester Pierce urged the SEC to work with crypto firms to establish rules to comply with.
Cybersecurity
Greylock’s Sarah Guo sounded the alarm on heightened cybersecurity risks, suggesting the large-scale shift to remote work and rapid growth of new technology products have escalated the risk of cyberattacks.
Diversity and Inclusion
Senate Democrats pressured the SEC to adopt diversity and inclusion measures.
Source Code
Amazon-owned Twitch’s source code was breached in a recent cyberattack.
In the Mix: This Week’s Top FinTech Thought Leader
- Michael Sapir, founder of Bethesda, MD-based ProShares launched a Bitcoin ETF this week.
- SEC Chair Gary Genseler, spoke at DC Fintech week.
- It was reported that Maximilian Tayanthal’s Berlin-based digital bank, N26, is now worth more than Germany’s second-largest bank.