The highly speculative growth of equity prices since 2008 highlights that some investors — large and small — treat the stock market as something akin to a slot machine. Yet, the developments of nascent brokerage platforms — most notably Robinhood — is an even further development in the gamification of the financial sector. These dynamics have caught the interest of the US Securities and Exchange Commission, which is threatening to clamp down on financial gamification.
Crypto crash has positive long-term implications By Lewis McLellan The collapse in cryptocurrency values over the past few months has been extremely painful for investors, but while many market participants are licking their wounds, others are taking a positive view of the shakeout.
MEETINGS Regulating virtual assets in Brazil Thursday 14 July, Roundtable The economic affairs committee of the Brazilian Senate has approved legislation to regulate cryptoassets, paving the way for votes in both houses of Congress. If passed, the legislation will give the Banco Central do Brasil new powers to regulate the cryptoasset market.
ON DEMAND Global Public Investor 2022 launch The launch of the Global Public Investor 2022 presents key findings of the report and offers insights into wider issues, including how central banks’ reserves managers are coping with inflation, geopolitics and environmental, social and governance imperatives.
Report: Global Public Investor 2022 More than 75% of the central banks surveyed for the 2022 edition of Global Public Investor believe inflation will be sustainably higher or more volatile for a prolonged period. Just 20% of reserves managers think inflation will be transitory.
