New Money Review Staff, Author at New Money Review

Author: New Money Review Staff

Half of bitcoin miners go dark in two months

June 20, 2021 Comments are Disabled

Bitcoin’s hash rate has fallen by nearly half in two months after the Chinese cryptocurrency mining sector was largely shut down. Bitcoin hash rate plummets At 102 exahashes per second […]

Companies and partnerships launder most dirty money

June 16, 2021 Comments are Disabled

Cryptocurrencies have recently been in the headlines for their role in laundering the proceeds of cybercrime, such as ransomware. But it’s by means of a much older invention that most […]

Banks will have to capitalise bitcoin holdings in full

June 10, 2021 Comments are Disabled

Banks holding bitcoin will have to set aside capital to back the full amount of their cryptoasset exposure, under guidelines proposed today by the Basel Committee for Banking Supervision (BCBS). […]

Bank of England prepares for money earthquake

June 8, 2021 Comments are Disabled

The UK’s central bank is preparing for a once-in-a-lifetime reordering of the monetary system as a result of the arrival of new forms of digital money. In a discussion paper […]

FCA says client money at cryptoasset firms is at risk

June 3, 2021 Comments are Disabled

The UK’s financial services regulator has warned that client money is not safe if held at a cryptoasset firm. The warning came as the Financial Conduct Authority (FCA) announced it […]

Diem could slash dollar payment costs

May 14, 2021 Comments are Disabled

Diem, the Facebook-sponsored digital currency, could be highly disruptive to the US dollar payments infrastructure, say analysts at Bank of America Merrill Lynch (BAML). Earlier this week Diem said it […]

Only taxes can address inequality, says BIS head

May 6, 2021 Comments are Disabled

Governments should use their tax and spend powers to address rising levels of inequality, rather than relying on central banks to help build a fairer society. That’s the message from […]

Europe’s first common money was bronze

April 30, 2021 Comments are Disabled

More than five thousand years before European states launched the euro, the region already had a single currency—bronze. According to researchers Nicola Ialongo from Göttingen University and Giancarlo Lago from […]

Tether doubles assets since year-end, reaching $45bn

April 13, 2021 Comments are Disabled

The volume of tethers in issue has doubled since the end of 2020 to over $45bn, despite continuing uncertainty over the largest stablecoin’s asset backing. Tether is a cryptocurrency version […]

Largest crypto exchange moves into US equity trading

April 12, 2021 Comments are Disabled

Binance, the world’s largest cryptocurrency exchange, is launching tokenised equity trading for its clients, starting with an offering of Tesla shares. The move will permit Binance’s clients to own US […]

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Author: New Money Review Staff

Half of bitcoin miners go dark in two months

Companies and partnerships launder most dirty money

Banks will have to capitalise bitcoin holdings in full

Bank of England prepares for money earthquake

FCA says client money at cryptoasset firms is at risk

Diem could slash dollar payment costs

Only taxes can address inequality, says BIS head

Europe’s first common money was bronze

Tether doubles assets since year-end, reaching $45bn

Largest crypto exchange moves into US equity trading

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