(Image by Pete Linforth from Pixabay )
Toss a coin and which version of Britain do you see: the one that looks ahead to the future, or the one obsessed with the long tail of its history? On the one hand, the UK s commitment to Net Zero carbon emissions by 2050, its hosting of the G7 Summit in June and of the UN s COP26 Climate Change Conference in November, tell the planet that it is serious about tackling global warming.
But on the other, Prime Minister Boris Johnson s penchant for playing to the sceptics gallery with jokes about bunny huggers needlessly creates the opposite impression. It suggests that while Britain makes occasional pronouncements about the climate crisis or new technologies, its leader sees these things as just another excuse for a jape. That risks undermining some good, serious work - and it patronizes the people who are doing it.
Marianne Ayala/Insider
Asset managers are building new products to satisfy growing investor demand for cryptocurrencies.
Crypto s high carbon emissions are a stumbling block for some, one exec told Insider.
Here s a look at how different asset managers are addressing those concerns.
US investors are hungry for cryptocurrency, evidenced by bitcoin s rapid rise to a market capitalization of more than $1 trillion and the crypto giant Coinbase s recent initial public offering, which blew investors expectations away.
In addition, the US Securities and Exchange Commission is reviewing at least nine applications for the first domestic crypto exchange-traded fund.
As asset managers build new products to satisfy the growing demand for crypto, they could have to reckon with another trend popular among some investors sustainability. Bitcoin notoriously consumes more energy than Argentina due to its onerous mining process, and its energy use is only going up,
Bitcoinâs dirty little secret: Itâs not easy being green
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Depending on who you ask bitcoin, the digital currency at the heart of the crypto craze is either a currency or a commodity, a speculative bubble or a safe tool for storing and building wealth.
One thing everyone agrees on is that it has become a staggering consumer of energy and producer of climate wrecking carbon dioxide. Debate between its champions and detractors grows with its price and value, intensified by accelerating global efforts to tackle climate change.
DIFC and MENA FinTech Association to create innovation forum to advance the Future of Finance Press Release 04 May 2021 12:00 pm
DIFC and the non-profit organisation, MFTA, have signed a partnership to advance FinTech developments relevant to the region including Open Banking, RegTech, Payments and Digital Assets
DIFC, DFSA and MFTA have launched the “DIFC Innovation Panel” to create a forum to engage with FinTech and Innovation company founders, enablers and thought leaders
Dubai, UAE, May 2021: Dubai International Financial Centre (DIFC), the global financial centre and leading FinTech hub, with over 300 FinTech and Innovation companies
in the Middle East, Africa and South Asia (MEASA) region, has signed an agreement with the MENA FinTech Association (MFTA), the independent, inclusive, not-for-profit, member-based organisation and industry body with 46 cross border FinTech bridges, strategic collaborations with regulators, policy makers and th