For years, scientists have been battling to build a computer that exploits one of the strangest areas of modern science—quantum physics. Now Google claims to have achieved a breakthrough by […]
Central banks around the world have so far been reticent about issuing their own digital currencies. But there’s one major exception: China, the world’s largest trading nation. Earlier this month, […]
Last week, France’s finance minister slammed Libra, Facebook’s proposed payments coin, for encroaching on a key area of national power. Bruno Le Maire said his country would block the development […]
What do Wikipedia—an online encyclopedia—and bitcoin—internet money—have in common? Both are open-source projects. This type of initiative is playing an increasingly powerful role in many areas of life. Open-source networks […]
Only a few months ago, central banks were stalling on plans to issue their own digital currencies. Now China is taking an early lead in the race to launch one. […]
Hardly at all, then at once—the tectonic plates of the global monetary system are shifting. Mark Carney, the outgoing Bank of England governor, yesterday shocked the traditionally staid annual August […]
Long-awaited and oft-delayed, Bakkt’s physically settled bitcoin futures are finally on the way. How big an impact will they have? A year after the launch plans were first announced, on […]
The US financial system was designed to ensure that no single entity would ever dominate the nation’s money. But the downside of this legacy is becoming ever-clearer when it comes […]
Fintech is not just about finance and technology. It’s the trade war between Trump and China. It’s about politics, history and culture. It’s the battle over privacy and money laundering. […]
Is tether a fraud or a threat to the hegemony of the US dollar? Nothing better illustrates the clash between traditional finance and the new world of cryptocurrencies than tether, […]