Amidst the chaotic fallout of the US presidential election, one result at least seemed clear: the half-century-long war on drugs has come to an end. That’s how many observers have […]
Privately issued stablecoins—digital money backed by fiat currency like the US dollar—won’t work in the long term as they lack the government support implicit in central bank money, say researchers […]
More than a quarter by value of the world’s investment-grade bonds now have negative yields, according to the latest data from Bloomberg. The market value of the Bloomberg Barclays Global […]
The US government disclosed today that it had seized over $1bn of bitcoin from an unidentified individual who had stolen the cryptocurrency by hacking the Silk Road dark net website […]
Facebook’s ‘Libra’ digital currency project combined incompetence and arrogance and was bound to fail, says David Gerard, our guest on the latest New Money Review podcast. Gerard, a technology expert […]
Cryptocurrency networks help support a growing volume of dollar transfers taking place outside the traditional financial system. The growth of private stablecoins As central banks around the world debate whether […]
As they grapple with the anarchic growth of digital assets, regulators and policymakers around the world have been trying to bring some order to the frenzy. In the wake of […]
Governments around the world are preparing to upgrade their national money from the paper to the digital era. Some argue the introduction of central bank digital currencies (CBDC) will mark […]
The global cryptoasset market is growing fast, but it’s one of the most opaque areas of finance. Now the world’s academic institutions are gearing up to map the sector. The […]
When looking at financial markets, we should pay more attention to the physical stuff—the cables, boxes, chips and code—without which those markets wouldn’t exist. That’s because the money infrastructure has […]