Cryptocurrency exchange Binance is facing legal action or new regulatory scrutiny in at least ten countries as a global crackdown spreads. But the exchange is fast unveiling new payment gateways […]
When Archegos Capital Management hit several investment banks with $10bn of losses earlier this year, it risked a wider financial collapse. Now hedge funds’ growing involvement in cryptocurrency could carry […]
We should all pay attention to what’s going on in payments, because changes in the technology of money transfers are going to affect all our lives. In the latest New […]
The world’s largest cryptocurrency exchange is targeted by regulators around the world in a coordinated crackdown. Binance wants to join the system “Binance UK is fully regulated by the FCA,” […]
Central banks are accelerating their planned introduction of new forms of digital money to head off the ambitions of large technology firms in this area. “There is a sense of […]
Bitcoin’s hash rate has fallen by nearly half in two months after the Chinese cryptocurrency mining sector was largely shut down. Bitcoin hash rate plummets At 102 exahashes per second […]
In the latest episode of the New Money Review podcast, I interview an old friend and former colleague, Paul Craven. Paul Craven After working for nearly thirty years as an […]
Cryptocurrencies have recently been in the headlines for their role in laundering the proceeds of cybercrime, such as ransomware. But it’s by means of a much older invention that most […]
Banks holding bitcoin will have to set aside capital to back the full amount of their cryptoasset exposure, under guidelines proposed today by the Basel Committee for Banking Supervision (BCBS). […]
The UK’s central bank is preparing for a once-in-a-lifetime reordering of the monetary system as a result of the arrival of new forms of digital money. In a discussion paper […]