Financial fraud makes for terrific stories. ‘When Genius Failed’, ‘The Smartest Guys in the Room’, ‘Devil Take the Hindmost’ and ‘Manias, Panics and Crashes’ are some of the classics of […]
Bitcoin’s hash rate—the processing power that secures the cryptocurrency’s transaction history—continues to soar and is now up sixfold in two years. Bitcoin miners currently perform an aggregate 123 exahashes (million […]
Global financial markets are now addicted to the trillions of dollars of liquidity being pumped into the system by central banks, says Michael Howell, CEO of CrossBorder Capital, a London-based […]
The leading cryptocurrency will be the world’s future financial settlement network, says Obi Nwosu, chief executive of London-based cryptocurrency exchange Coinfloor, in an exclusive interview with New Money Review. Obi […]
Tether, the stablecoin issuer, is expanding its product range with the launch of a new digital token representing a troy ounce of gold. The token, called Tether Gold (XAUT), will […]
Emerging markets are at the forefront of the race to develop central bank digital currencies (CBDCs), and all eyes are on China. That’s the main conclusion of a new Bank […]
US cyberspies fly to the UK to try to stop Britain signing a new deal with Huawei. The US threatens to cut off Iraq from the global financial infrastructure. A […]
A December incident at the frontier between traditional money and cryptocurrency highlights tensions over access to the global financial system. Just before Christmas, a cryptocurrency investor and twitter user called […]
The global financial infrastructure—a complex network of technical systems provided by central banks, exchanges, clearing houses and securities depositaries—supports trillions of dollars of trading a year and underlies almost all […]
Ten years ago, Indians relied largely on cheques to move money around the country, a legacy of the colonial era. Now India operates the most advanced digital payments system in […]