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 […]
They may not be at war, but relations between the traditional finance and cryptocurrency/blockchain camps have long been marked by mutual suspicion. A year ago, Sibos, which describes itself as […]
China’s central bank head sought last week to head off speculative fever regarding the launch of a new state-backed digital currency. Intense investor interest in China’s financial technology (fintech) sector […]
Central banks around the world have so far been reticent about issuing their own digital currencies. But there’s one major exception: China, the world’s largest trading nation. Earlier this month, […]
Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]
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