Weekly Roundup

Fintech Funding
Consumer payments and “fractionalization” are among the categories of fintech firms attracting the most startup funding.

Algo Trading Growth
It was reported that the algorithmic trading market is expected to witness a continued annual growth of 11.23% from 2021 to 2026, with the largest market being North America and the fastest-growing market being Asia Pacific.

Crypto White House Executive Order
It was reported that the White House plans to release an Executive Order on crypto next month, as part of a broader effort tocoordinate government agencies on crypto regulation.

SEC and Free Trading Apps
Media speculation of a potential SEC “crackdown” on free trading apps continued, with discussion of game-like features andbehavioral prompts.

Private Equity, Hedge Fund Fees
The SEC voted 3-1 to issue a proposal that would increase the disclosures in Form PF for private-equity and hedge funds, thiswould increase the amount and timeliness of confidential information reported.

Treasury Trading Regulations
The SEC is reportedly seeking to enhance regulation on Treasury transactions.

Source Code
Security experts urged businesses to back up their source code, following thefts and concerns about cybersecurity.

In the Mix: This Week’s Top FinTech Thought Leader

  • Ken Griffin, CEO, Citadel, was featured in a story on how the Wall Street outsider became “the Amazon of financial markets.”
  • Meltem DeMirors, Chief Strategy Officer of Coinshares, spoke about
  • Rep.Trey Hollingsworth (R-IN), a champion of innovation in financial services, announced he was notseeking another term in Congress, fulfilling a term limit pledge set earlier.