Weekly Roundup
Cybersecurity
Cybersecurity was reported as the largest concern for institutional investors when it comes to cryptocurrency.
RegTech Growth
It was reported that the “RegTech” global market — including algorithms and artificial intelligence — to help surveil the markets, assist with compliance, detect fraud and abuse, and enhance cybersecurity, is anticipated to grow from $7.90 billion in 2021 to $18.89 billion in 2025.
Rise of the Retail Investor and Tech Trends 2022
MMI’s Kirsten Wegner spoke on “How Investors Should Approach 2022,” and the benefit of narrow bid-ask spreads inmaking ETFs efficient for investors.
Metaverse Market Predictions
Industry research forecast the metaverse market, valued at $21.91 billion in 2020, to grow at a 41.7% continual annual growth rate to 2030.
Crypto
Miami Mayor Francis Suarez asked US city leaders to sign a pro-crypto pledge.
Source Code
It was reported that a security flaw found in the Azure App service exposed source code of customer apps.
In the Mix: This Week’s Top FinTech Thought Leader
- Corey Frayer, Phil Havenstein, Jennifer Songer and Jorge Tenreiro were appointed to Chair Gary Gensler’s executive staff.
- Leon Wilson, CEO and co-founder of PollenPay, contributed to fintech predictions, stating that in the next 50 years cryptocurrencies will overtake fiat currency as the primary form of money used across most financial transactions.
- Jim Angel, Professor, Georgetown University McDonough School of Business, remarked in an article “Why Interest Rates, Stocks and Crypto are Sometimes Correlated” regarding the valuation of cryptocurrency that “most of the valuepropositions are for things 30 years from now.”