It's not a new thing. PFOF has been a contentious issue for more than 30 years. But, with the rise of feeless retail trading options since 2018, PFOF is back in the news.
It was one of the most tumultuous weekends in the history of fintech, as federal regulators and government agencies took swift action to stop the bleeding after Silicon Valley Bank suddenly collapsed.
The Fintech Five brings you the top five stories of the week in under two minutes, delivered via newsletter, website, and social media channels.
The proper definition of cryptocurrencies has stumped US regulators, many believe it has affected development. This year could bring clarity.
We could have devoted this entire newsletter to the crypto crackdown, but that would have been needlessly punitive for all of us.
Grayscale's appeal of the SEC's decision to deny their application for a Bitcoin ETF has been upheld. The industry is considering it a win.