Financial ‘super-app’ Revolut has announced it is applying to become a UK bank. But the fintech firm, which boasts over 12m customers and has a private market valuation of over […]
From billion-pound businesses to sole traders, UK entities large and small are seeking to capitalise on the cryptoasset boom. Last week the UK financial markets regulator, the Financial Conduct Authority […]
Just three UK-based cryptoasset firms have been registered by the UK financial markets regulator in time for its own January 10 deadline, amidst signs the regulator is struggling to process […]
Tether insiders Paolo Ardoino and Stuart Hoegner said they may reveal full details of the reserves backing the controversial digital dollar some time later this year. “We are contemplating providing […]
The US government is turning to stablecoins—transferable digital tokens backed by fiat currency—as a way of speeding up its notoriously slow domestic payments system. Earlier this week the Office of […]
For its promoters, it overcomes unfair restrictions on access to the world’s banking system. For critics, it’s the engine of a massive, system-wide fraud. All eyes are on tether, the […]
The founder of the world’s largest cryptocurrency exchange says crypto adoption may stall if consumers can’t find safer, more convenient ways to store their digital money. Outpacing stock exchanges Founded […]
Humans have an innate ability to deceive, both each other and themselves. And nowhere is this skill put to more powerful effect than in the world of money. Financial fraud […]
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 […]
Central banks are braced for a world in which digital dollar tokens called stablecoins explode in value, posing a threat to governments’ ability to monitor the financial system. That’s one […]
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