Obama’s Economic Policy Advisors Strategizes With Fintech Industry Players

Obama’s Economic Policy Advisors Strategizes With Fintech Industry Players

President Barack Obama’s economic policy staff recently met with stakeholders across the fintech ecosystem to discuss how fintech can support economic policy, Adrienne Harris, special assistant to the President of economic policy, noted in a White House blog. The attendees included policy makers, fintech startups and investors. The meeting addressed cybersecurity, ways to manage small business, ways to help developing nations’ economies, helping consumers and managing big data. Government-Fintech Industry Partnership Needed. Penny Pritzker, Secretary of Commerce, moderated a panel on how....


Related News

Blockchain Interest Spreads on Capitol Hill

The blockchain has indeed reached the White House, and there are signs awareness of the emerging technology is increasing on Capitol Hill. Following an event with several of President Barack Obama’s top technological advisors last month, an increasing number of public policy meetings are now taking place in and around Washington, DC. On Friday, Secretary Penny Pritzker of the US Department of Commerce joined special assistant to the president for economic policy Adrienne Harris and other top White House officials for an event featuring a lecture from Brian Forde, director of digital....

White House: Fintech ‘Changing Relations’ to Finance

US government interest in fintech continues to trend as the White House hosts a dedicated event – and says fintech is leading reforms for consumers and institutions alike. White House Acknowledging Fintech. The remarks were made by Adrienne Harris, Special Assistant to the President for Economic Policy following the FinTech Summit event Friday, which she....

Chronobank joins FinTech Australia

Fintech Australia is a national Australian Fintech Industry Association. Their vision is to make Australia one of the world’s leading markets for Fintech innovation and investment. Founded in October 2015, their membership base now comprises over 70 startups, venture capital funds, hubs and accelerators across Australia that specialise in Fintech. As a not-for-profit organisation, they support the Australian Fintech community, build awareness and trust in Fintech startups and advocate for better policy on behalf of our members. Fintech Australia is the voice for Fintech innovation in....

Australian Government "Committed" to Removing Double Taxation of Bitcoin; Backs FinTech Growth

The Australian Government Treasury has, in a detailed policy statement pledging support for Fintech to boost the industry, revealed that digital currencies such as Bitcoin will be exempt from double taxation. The policy statement also details how the government plans on regulating companies in the Fintech arena, as well as those in the bitcoin and blockchain space. In a policy statement released by the Australian Government today, new proposed measures to boost the Fintech sector and establish Australia as a Fintech destination will see the government reduce tax barriers for Fintech....

Island of Jersey Approves Regulated Bitcoin Investment Fund

The BBC is reporting that Global Advisors Bitcoin Investment Fund (GABI) has received certification by the Jersey Financial Services Commission authorizing the commencement of operations beginning on the 1st of August. According to Daniel Masters of Global Advisors, the move will allow major investors (which include insurance companies) to invest in the emerging digital currency for the first time. The Investment fund would not allow the common investor to participate, however. "This is institutional strength and it's an absolute world first," Masters was quoted as saying. "This is....