Central banks are accelerating their planned introduction of new forms of digital money to head off the ambitions of large technology firms in this area. “There is a sense of […]
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 […]
In the latest episode of the New Money Review podcast, I interview an old friend and former colleague, Paul Craven. Paul Craven After working for nearly thirty years as an […]
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 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). […]
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 […]
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 […]
Belief in a new era, rampant speculation, insider dealing, market manipulation, fortunes being won and lost… The cryptocurrency boom of 2020/21 sounds very much like the US stock market before […]
In the latest New Money Review podcast, Carol McNaughton Nicholls and Rachel Rowlinson of strategy consultancy ‘Britain Thinks’ talk about the behaviours, attitudes and financial resilience of self-directed investors in the UK. Britain Thinks […]
Half of the reserves of the unregulated digital dollar, tether, are in the unsecured debt of unknown corporate issuers, according to details of the stablecoin’s reserve backing at the end […]
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