Despite the rapid rise of digital payments, cash isn’t on its way out yet. That’s the key message from the Bank for International Settlements (BIS), which published its annual ‘Red […]
For its supporters, bitcoin is digital gold, providing an immutable historical record of financial transactions. For goldbugs, nothing beats the scarcity and durability of the yellow metal. Now a new […]
Regulators are intensifying their efforts to prevent the operators of social networks from launching digital currencies that may subsequently prove hard to dislodge. During the last week, global financial regulators […]
If you thought investing in cryptocurrencies was risky, try making them. An estimated 4.3 million bitcoin mining machines around the world now perform around 82 exahashes (million trillion hashes) per […]
China’s central bank head sought last week to head off speculative fever regarding the launch of a new state-backed digital currency. Intense investor interest in China’s financial technology (fintech) sector […]
Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]
Financial market data is now a huge revenue earner: spending on market-related data and news has grown at a compounded rate of 13 percent a year since 2012, according to […]
One intriguing aspect of bitcoin is the way it makes explicit the cost of running a monetary system. Bitcoin mining requires a lot of energy: nearly as much as Switzerland, […]
Tired of sharing your data with car manufacturers or web giants for free? Jaguar Land Rover is partnering with a cryptocurrency network to help drivers to earn money from the […]
Several blockchain initiatives aiming to reform the system of ownership for the world’s share and bond markets have just hit road bumps. One project, SETL, has said it is putting […]