SC Ventures, the innovation and ventures unit of Standard Chartered Bank, and Northern Trust, one of the world’s largest custodian banks, are teaming up to create Zodia Custody, a new […]
Economics textbooks tell us humans created money to overcome the drawbacks of barter. If your chicken wasn’t worth someone’s bushel of grain, you had no bread and they had no […]
Governments are acquiring an increasing share of the overall bitcoin supply after a spate of asset seizures from cyber criminals. In recent days, Chinese authorities have announced the confiscation of […]
This year’s coronavirus pandemic has accelerated plans for the introduction of central bank digital currencies (CBDCs)—a mobile-ready replacement for our state-issued banknotes and coins. But many of the most important […]
Amidst the chaotic fallout of the US presidential election, one result at least seemed clear: the half-century-long war on drugs has come to an end. That’s how many observers have […]
Privately issued stablecoins—digital money backed by fiat currency like the US dollar—won’t work in the long term as they lack the government support implicit in central bank money, say researchers […]
Banks should get into the lucrative cryptocurrency custody business soon or risk failing to exploit a key competitive advantage, say Boston Consulting Group (BCG) and law firm White & Case […]
More than a quarter by value of the world’s investment-grade bonds now have negative yields, according to the latest data from Bloomberg. The market value of the Bloomberg Barclays Global […]
Facebook’s ‘Libra’ digital currency project combined incompetence and arrogance and was bound to fail, says David Gerard, our guest on the latest New Money Review podcast. Gerard, a technology expert […]
The recovery from the coronavirus pandemic is proving patchy. It’s prone to conflict, fear and mistrust. And if we don’t fix our flawed digital identity infrastructure, says Bianca Lopes, our […]