Exchange Invest Weekend, 3rd July

Patrick L Young
4 min readJul 2, 2021

Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.

Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!”​ FT 1999) Patrick L Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.

This weekly edition is a magazine of broader macro topics as well as including our free weekly podcast which reviews the highlights of the week in the world’s market structure.

For a free trial to Exchange Invest Daily, send me a message.

On this day in 1884, Dow Jones and Co. began publishing the average closing price of active representative stocks — the world’s first stock index — now known as the Dow Jones Transportation Average. The average closing price after the first day was 69.93.

Big World

From Exchange Invest 2090 Thursday, July 1st:

While there was quite a fanfare over the inauguration of the Israel Embassy In UAE, (Israel Tells Region: ‘We’re Here To Stay’), including new Foreign Minister Yair Lapid in the UAE On First Official Visit, a less documented side effect of the Abraham Acords is that UAE’s embassy in Tel Aviv is temporarily located in the Tel Aviv Stock Exchange building.

IPO VID LIVESTREAM PODCAST

In Episode 2 Chris Messina: From AI Fintech to Nickel Mining

The Podcast of the IPO-VID LiveStream returns this week with market polyglot Christopher Messina, who brought decades of deep-dive experience across finance and investing to the second IPO Video show.

EI WEEKLY PODCAST

EI Weekly Podcast 101

Toshiba backlash of rocks Japan Exchanges, ASX in colourful Crypto Sbat and there’s lots more including a big crackdown on Binance.

The Exchange Invest Weekly Podcast 101

Victory or Death

20 years on from the first fintech bestseller “Capital Market Revolution!”​… “Victory Or Death”​ is a must-read book for anyone interested in the intersection of Blockchain, Cryptocurrency and FinTech as part of the whole future of finance.

Available worldwide.

Macro Thoughts

Angela’s Ashes: Merkel Is Leaving The EU In Chaos

Spectator UK

PLY: After a brief sojourn in Frankfurt transiting with Luftwaffe, I have to sadly report that Germany itself looks to be going to the dogs in the Covid era. Very sad all around but then again the incompetence of Merkel has been a consistent topic of discussion in Exchange Invest for years…

Brexit: Done

Looks like the NI protocol row has been temporarily patched over, precluding me from contemplating a career smuggling sausages for a quarter at least.

Of Interest

Inside The Reddit Forum That Wants To See Bitcoin Die

Forbes

No More Kebabs For Bitcoins As Turkey’s Crypto-Payment Ban Looms

Fintech Zoom

S.Africa Crypto Exchange Brothers Disappear After $3.6 Bn Vanishes From Platform, Lawyers Say

Economic Times

Brothers Disappear With $3.6 Billion Of Bitcoin

East Africa News Post

Directors, Beware: Corporate Governance Overhauls Could End With Personal Liability

City AM

“Bitcoin Beach” Is Scaling Up. Will Bitcoin Country Be As Successful?

Slate Magazine

Graphic: Boom, Bust And Bewildered — Bitcoin’s Year So Far

Reuters

The Geopolitical Ripples Of China’s Blockchain Spread Far And Wide China’s Controversial Social Credit System Has Raised Concerns Over How The State Might Use The E-CNY To Monitor People, Control Dissent And Incentivise Or Dissuade Certain Behaviours.

South China Morning Post

Last Word

Catch up Monday for Exchange Invest 2093…

the future continues in the water cooler for the bourse business…

-Patrick

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Patrick L Young

Entrepreneur, Investor, Author. #Exchanges #Fintech #Startups #Motorsport Emerging Markets. CoFounder @Exchange_Invest @HanzaTrade @MissionToRun @YMarkets