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 […]
New technology offers a massive boost to the resiliency, accessibility and transparency of the financial system, says Alex Batlin, CEO of Trustology, our guest in the latest New Money Review […]
A few minutes or two days? In dangerous financial times, the time it takes to settle a transaction—exchange cash for goods—is vital. Now gold market participants are using new tech […]