The decentralisation inherent in cryptocurrency networks like bitcoin is valuable for its governance benefits, according to Hyun-Song Shin, head of research at the Bank for International Settlements (BIS). But this […]
The Swedish government has called for a European Union-wide ban on the mining of energy-intensive cryptocurrencies like bitcoin and ethereum. Bitcoin and ethereum use an energy-intensive computer algorithm called ‘proof-of-work’ […]
The US central bank has warned of growing risks in the stablecoin sector. In its half-yearly Financial Stability report, released yesterday, the Federal Reserve said that stablecoins pose a growing […]
Binance chief executive, Changpeng Zhao, has denied responsibility for scams conducted across his exchange’s decentralised finance (DeFi) platform, Binance Smart Chain. In a blog published on 4 November, Zhao said […]
US authorities are seeking to rein in the financial stability risks created by the runaway growth of the stablecoin market, according to a new report released yesterday. Stablecoins are digital […]
Robinhood’s infatuation with crypto was short and sweet, if last night’s corporate earnings report is anything to go by. Robinhood shares fall below July IPO price The trading app’s revenue […]
“We’ve never been so busy,” says Nick Furneaux, a digital forensic investigator who specialises in cryptocurrency crime. Furneaux, our guest on the latest New Money Review podcast, works with law […]
Last year’s dramatic collapse of German payments firm Wirecard was the biggest accounting scandal since the Enron failure, two decades earlier. But according to Transparency International, a non-governmental organisation fighting […]
It’s time to target the enablers of large-scale financial crime, including law firms, accountants and the jurisdictions allowing corporate secrecy, says the son of murdered Maltese journalist Daphne Caruana Galizia. […]
Cryptocurrency exchange Binance is facing legal action or new regulatory scrutiny in at least ten countries as a global crackdown spreads. But the exchange is fast unveiling new payment gateways […]