How Everyone Is Trying To Land The Next Fintech Hub - Forbes

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How Everyone Is Trying To Land The Next Fintech Hub - Forbes

Tue Jun 12, 2018 12:16 pm

When the United Kingdom declared Brexit, the race was on to nab some of the financial hub’s action. Brussels, Frankfurt, Luxembourg and Dublin vied to pinch banking and related industries and the European Banking Authority moved from London to Paris.

What this wave of manoeuvres demonstrated was the importance of being a hub and just how every one of the European cities would love to consider themselves the hub of something, especially finance.

And of course, it’s not just a financial hub that represents a national prize, there is a host of other hubs and industries to be had.

There’s Milan for fashion, Basle for pharmaceutical, Vegas for gambling, Antwerp for diamonds and Paris for fragrance.

Hollywood and Bollywood, Silicon Valley for tech, Qingdao for cloud computing and Chicago is doing well at the moment in the fintech space.

So the question people are asking is as we create new industries, like blockchain, AI and especially crypto where will these place in the next few years? Where will their centre be, which economies will reap the reward, and what do they have to do to secure this?

https://www.forbes.com/sites/jemmagreen ... 58231953a7

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