EXCHANGE Archives - Page 6 of 26

EXCHANGE

Tether tremors sink crypto

May 12, 2022 Comments are Disabled

Contagion from the stablecoin collapse that started on Monday with Terra is now affecting the largest dollar token, Tether, hitting the broader cryptocurrency markets. At 07.00 UTC on Thursday 12 […]

Terra bailout fails

May 11, 2022 Comments are Disabled

Attempts to recapitalise the third-largest dollar stablecoin failed dramatically last night, sending Terra (UST) and its sister token Luna into a death spiral. After Terra lost its dollar peg on […]

Terra depletes reserves in stablecoin panic

May 10, 2022 Comments are Disabled

Terra’s $1 per token market value was supposed to be kept in place by an algorithm. But the stablecoin’s sudden failure has led to a bailout attempt involving the world’s […]

Johnson can’t stop Putin using Russia’s gold

March 24, 2022 Comments are Disabled

According to UK prime minister Boris Johnson, Britain and its Western allies will increase the economic pressure on Russia by examining whether more can be done to prevent President Vladimir […]

Gold stablecoins boom despite concerns

March 17, 2022 Comments are Disabled

A recent surge of interest has seen the assets of gold stablecoins pass $1bn in value. But business and disclosure standards in the sector are uneven and patchy. A stablecoin […]

Gold in the time of war

March 16, 2022 Comments are Disabled

On 28 February the US, EU and UK froze most of the Russian central bank’s $630bn foreign currency reserves, responding to the country’s invasion of Ukraine. In the words of […]

BIS ditches neutrality over Russia

March 12, 2022 Comments are Disabled

When applying sanctions to Russia’s central bank this week, the Bank for International Settlements (BIS) made a radical departure from the neutral stance it adopted during the second world war. […]

Fake IDs blow hole in Russia sanctions

March 8, 2022 Comments are Disabled

Amidst the escalating war in Ukraine, Western countries are seeking to step up sanctions against Russia-linked entities. But sanctions can only be enforced if the dividing line between permitted and […]

India’s digital currency leap

February 18, 2022 Comments are Disabled

Over the last decade India has undertaken arguably the most ambitious digitisation programme of any country in the world. Its so-called ‘India stack’—a public digital infrastructure that allows governments, businesses, […]

Binance regains access to key financial infrastructure

February 16, 2022 Comments are Disabled

Cryptocurrency exchange Binance today regained access to the UK’s Faster Payments system, which enables 24/7 real-time sterling payments of up to £1m. Binance is using UK-based electronic money institution Paysafe […]

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EXCHANGE

Tether tremors sink crypto

Terra bailout fails

Terra depletes reserves in stablecoin panic

Johnson can’t stop Putin using Russia’s gold

Gold stablecoins boom despite concerns

Gold in the time of war

BIS ditches neutrality over Russia

Fake IDs blow hole in Russia sanctions

India’s digital currency leap

Binance regains access to key financial infrastructure

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