The initial reaction from traditional financial markets to the sudden bankruptcy of cryptocurrency exchange FTX was dismissive. But could high-frequency trading (HFT) firms be the vector for contagion from crypto […]
The fallout from the demise of cryptocurrency exchange FTX has reached the crypto deposit and lending platform BlockFi, which announced at 1.15am GMT on 11 November that it was suspending […]
The cryptocurrency crash triggered by this week’s failure of the FTX exchange has now reached the largest dollar token, Tether. As at 12.10 GMT on 10 November, Tether had lost […]
There are periods in human history when money and foreign policy converge—and this is one of them, says Paul Tucker, my guest on the latest New Money Review podcast. Tucker, […]
Money theorist David Birch thinks we will all live in a world of multiple competing currencies. And communities, says Birch, will be one of the five main future issuers of […]
By keeping interest rates near zero for over a decade, central banks have created profound economic insecurity and financial fragility. That’s the argument of financial historian Edward Chancellor, guest on […]
Two events in the last fifteen years have fundamentally altered the way the financial system operates—and neither was planned by global policymakers. The great crash of 2008 stopped banks from […]
Cryptocurrency billionaires are gaining a political foothold in countries rich and poor. Their influence now extends into governments, legislatures, charities and educational establishments around the world. In the US, cryptocurrency […]
There’s a rising superpower in the world of money—a country that’s cut off from the global financial network, but which is playing an increasingly prominent and disruptive role within it. […]
US cryptocurrency entrepreneurs who have flouted the rules on investor protection should face jail sentences, a former regulator said yesterday. Speaking at the Crypto Policy Symposium, John Reed Stark, former […]