For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

For years, one of fintech’s favourite hobbies has been complaining about regulation. Every new rule is another obstacle. Another compliance cost. Another reason why innovation was supposedly impossible. Startups would proudly describe themselves as moving fast and breaking things, while regulators were portrayed as the people standing in the way of progress. Then something interesting……

I was fascinated to pick up on an article in The Financial Times last week about LIBOR, the London Interbank Offered Rate. It got a bad vibe because the world discovered bankers were rigging the system but, ever since, we have been looking for a replacement. What is it? LIBOR is about a number. A single number……

Things we’re reading today include … Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor Farage is still shilling for his crypto-billionaire benefator Brexit cost 6% of UK economy, Bank of England company data suggests Coinbase’s UK CEO on Crypto’s Next Growth Wave Microsoft discovers new lightweight backdoor that steals cryptocurrency……