Author: New Money Review Staff

Diem could slash dollar payment costs

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 […]

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

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

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 […]