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 […]
The battle between New York state prosecutors and the operators of tether, the world’s largest ‘stablecoin’, shows no sign of dying down. In a brief filed on 4 December with […]
Asset manager WisdomTree has shaken up Europe’s cryptocurrency tracker market with the launch of a new bitcoin product that undercuts competitors by more than half. On December 3, WisdomTree listed […]
There’s a country out there that’s invisible to most of us. It’s called Moneyland. This country doesn’t discriminate against outsiders. It’s open to anyone, so long as they can afford […]
Governments appear to want to split bitcoin into two. But will they succeed? In June, the Financial Action Task Force (FATF), a group of 36 governments seeking to address money […]
Financial index data help drive the revenues of many stock and futures exchanges. But calculating an index from market inputs, apparently a straightforward activity, can still be a risky one. […]
Despite the rapid rise of digital payments, cash isn’t on its way out yet. That’s the key message from the Bank for International Settlements (BIS), which published its annual ‘Red […]
The US lawmakers who grilled Facebook boss Mark Zuckerberg for six hours last week appeared to speak from a position of power. But the tough talk could disguise fundamental weakness. […]
Building a new bitcoin mine in the middle of Texas, where summer temperatures often reach 50 degrees Celsius, seems a terrible PR move in a world increasingly preoccupied by global […]
The worlds of traditional finance and cryptocurrency/blockchain are still far apart. But we should keep our eyes open for signs of a longer-term convergence between legacy and decentralised finance, says […]