Hard economic times can spur the adoption of local currencies. Could digital payments give a boost to the trend? In an economic slump, no one has much cash. And if […]
Today’s dramatic collapse in the oil price is the latest confirmation of an economic slump that central banks and governments appear powerless to halt. Benchmark oil prices, measured by the […]
Leaked prototypes of China’s new central bank digital currency (CBDC) suggest the country will use mobile phone-based money to challenge US control of the global financial system. According to media […]
Earlier today, in an attempt to combat the business slump caused by the coronavirus, the UK tore up the economics textbooks by embracing direct central bank financing of the government’s […]
For anyone working in the financial markets of G20 countries, ‘compliance’ means adherence to a set of laws and regulations governing who can have access to the financial system. Compliance […]
Tokens—smart digital claims on assets—are going to completely remake financial markets, predicts author and technologist David Birch. Meanwhile, China’s state-backed digital currency experiment could accelerate a global power shift from […]
It’s a hat trick. With uncanny timing, Robert Shiller has done it again. The Nobel prize-winning Yale University professor warned of irrational exuberance at the peak of the 2000 dot.com […]
Cryptocurrencies like bitcoin operate in a radically different way to the banking system, and they are generating new forms of investigative work. Anyone with a bank account has an IBAN […]
Central banks may need to provide further emergency support to the non-bank financial system, the Bank for International Settlements (BIS) warned in an article published in the Financial Times on […]
A breakdown in the supply chain for deliveries of physical gold is causing a dramatic deterioration in the liquidity of the wholesale gold market. According to Ross Norman, a commentator […]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok