Everyone outside the country is expecting the arrival of China’s new sovereign digital currency. President Xi has recently been singing the praises of blockchain technology, the infrastructure for the new […]
In our latest podcast, Neil Walsh, the Vienna-based head of the Cybercrime, Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) Department at the United Nations, gives an exclusive interview to […]
Financial fraud makes for terrific stories. ‘When Genius Failed’, ‘The Smartest Guys in the Room’, ‘Devil Take the Hindmost’ and ‘Manias, Panics and Crashes’ are some of the classics of […]
Global financial markets are now addicted to the trillions of dollars of liquidity being pumped into the system by central banks, says Michael Howell, CEO of CrossBorder Capital, a London-based […]
Emerging markets are at the forefront of the race to develop central bank digital currencies (CBDCs), and all eyes are on China. That’s the main conclusion of a new Bank […]
A December incident at the frontier between traditional money and cryptocurrency highlights tensions over access to the global financial system. Just before Christmas, a cryptocurrency investor and twitter user called […]
Ten years ago, Indians relied largely on cheques to move money around the country, a legacy of the colonial era. Now India operates the most advanced digital payments system in […]
For the regulators in charge of the global financial market’s infrastructure, new technologies are prompting a fundamental rethink of how payments and securities trades are settled. Now the Committee for […]
Last week the general manager of the Bank for International Settlements (BIS), Agustín Carstens, made a spirited defence of central banks’ role in the global monetary system. “The monetary and […]
It’s time to level the playing field between technology firms and finance incumbents, say policymakers. Along with healthcare, transport and energy, finance is one of the most heavily regulated sectors […]