Stablecoins—digital currencies pegged to existing money, like the dollar, euro, pound or gold—are the hottest topic in finance. From crypto-market dollars like Tether and Circle to Facebook’s Diem project and […]
Cryptocurrency has turned into an inferior version of the money Satoshi Nakamoto set out to replace. In the first bitcoin ‘block’, the cryptocurrency’s creator embedded a message: “The Times 03/Jan/2009 […]
The incredible boom in fintech and crypto banking is eroding long-standing protections for depositors and creating wider systemic risks. Deposit insurance and depositor preference If you deposit money in a […]
How much bitcoin trading takes place in ‘real money’? Not much. Most is hermetically sealed within the crypto ecosystem. Over two thirds of all bitcoin trading activity takes place in […]
Global financial regulators say the operators of digital tokens pegged to fiat currencies—stablecoins—must follow the stringent rules for other important financial infrastructures, such as payment systems, central securities depositories, securities […]
“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 […]
The combination of finance and technology is driving the biggest change in human history in 500 years, says Viktor Shvets, my guest on this week’s podcast. Shvets, a Hong Kong-based […]
US regulators are cracking down aggressively on the trading platforms that offer mouth-watering dollar-denominated interest rates on loans of crypto assets. On Friday, Coinbase announced that it was discontinuing a […]
International banking business has shrunk since the financial crisis of 2008, reversing a six-decade trend of increasing globalisation, according to new research from the Bank for International Settlements (BIS). In […]
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. […]
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