Transaction fees on the bitcoin network have surged after a new spike in retail speculation in cryptocurrencies. Having traded in a $2-4 range for the last year, in recent days […]
Some frauds and scams aimed at emptying your bank account are ringing alarm bells. But what about the ones that aren’t? Authorised push payment fraud (APPF) – where the victim […]
The Financial Conduct Authority (FCA) today warned that some financial technology (fintech) firms present an ‘unacceptable risk of harm’ to customers and to the broader financial system as a result […]
Prices for bitcoin, gold and silver soared today following a US government bailout of the depositors of Silicon Valley bank (SVB). At $24,049, bitcoin registered a 15 percent one-day rise. […]
Shortly after Silicon Valley bank was shut by US regulators, e-money firm Revolut prevented a UK start-up from making a large cash withdrawal, the start-up firm’s venture capital (VC) backer […]
Yesterday’s decision by California’s banking regulator to shut Silicon Valley bank after a $42bn run by depositors, the second-largest bank failure in US history, threatens far-reaching consequences. One of its […]
Got funds on your Revolut card? If you do, you may wish to know what do the firm’s recent accounting problems say about the safety of its clients’ money. Read […]
Sanctions imposed on Russia after its invasion of Ukraine have caused London, the world’s major bullion trading market, to shrink. According to the London Bullion Market Association (LBMA), gold held […]
Former banker Sean Tuffy tracks the impact of global financial regulation on the investment business. In recent years he’s been paying a lot of attention to cryptocurrencies, digital assets and […]
Payment cards linked to cryptocurrencies are booming. But adding a volatile, fraud-ridden new technology (crypto) to a rickety old one (card payment networks) risks all kinds of new problems. By […]