/Budget Tech Roundup: Fintechs Salivate Over £100 Contactless Transactions – Technology (via Qpute.com)
Budget Tech Roundup: Fintechs Salivate Over £100 Contactless Transactions - Technology

Budget Tech Roundup: Fintechs Salivate Over £100 Contactless Transactions – Technology (via Qpute.com)


United States: Budget Tech Roundup: Fintechs Salivate Over £100 Contactless Transactions

To print this article, all you need is to be registered or login on Mondaq.com.

Simon Arlington spoke to Verdict about Chancellor Rishi
Sunak’s spending plans in the UK budget announcement, which
included the launch of a new £375 million fund – the Future
Fund Breakthrough – allocated to invest in sectors such as life
sciences, quantum computing, and clean tech.

“[With] cash-rich foreign investors looking to capitalize
on a devalued pound, government investment is unlikely to deter
founders from selling their businesses to entities in the U.S. or
Asia if the deal is right – even if Lord Hill’s recommendations
of reform to the public listing process are implemented,”
Simon said. “While it remains to be seen how active an
investor the government will be, there is a lot it could do beyond
direct investment to encourage the UK’s top innovators to
remain in the UK.”

Read the full article.

Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.

© Morrison & Foerster LLP. All rights reserved

POPULAR ARTICLES ON: Technology from United States

Virtual Currencies Comparative Guide

Bull Blockchain Law LLP

Virtual Currencies Comparative Guide for the jurisdiction of United States, check out our comparative guides section to compare across multiple countries

FinTech Comparative Guide

J. Sagar Associates

FinTech Comparative Guide for the jurisdiction of India, check out our comparative guides section to compare across multiple countries

OCC Permits National Banks To Enter Stablecoin Arena

Pryor Cashman LLP

The Office of the Comptroller of the Currency’s recent interpretative letter focuses on how national banks can participate in independent node verification networks and use cryptocurrency…

SEC Division Of Examinations Outlines Focus On Digital Assets

Cadwalader, Wickersham & Taft LLP

The SEC Division of Examinations (the “Division”) (formerly known as the Office of Compliance Inspections and Examinations or OCIE) outlined areas of focus concerning digital asset securities for future examinations.

.


This is a syndicated post. Read the original post at Source link .