Stablecoins—digital money backed by assets of stable value—are in vogue. But for a stablecoin to function, its users have to trust in its backing. And history is full of examples […]
Doubts remain about the leading cryptocurrency’s long-term viability. Bitcoin miners—the computers securing the network and keeping a record of transactions—rely on two sources of income: the block reward and the […]
How China’s digital payments technology will take over the world. Our guest on the latest New Money Review podcast is Rich Turrin, a US citizen based for a decade in […]
Far from being a problem, bitcoin’s electricity consumption is healthy. In fact, making an explicit link between energy and money would help promote sustainable economic development, says Andrew Webber, founder […]
Slowly but surely, an alternative financial infrastructure is being built, promising a cheaper, more efficient, stable and transparent way of lending and borrowing, issuing securities and managing money. If that […]
Congestion on the ethereum cryptocurrency network has hit record levels, driving per-transaction fees into three figures and rendering many decentralised finance (‘DeFi’) projects unviable. “Just spent $100+ on ETH gas […]
Local currencies can help restore balance in society and it’s time to move away from an economy based on the exploitation of individuals’ personal data. So says Diana Finch, managing […]
The appearance of cryptocurrencies like bitcoin is part of a much bigger trend—the re-emergence of private money as a competitor to state-issued currencies like the dollar, euro, yen or pound. […]
Last year’s high-profile insolvency of German fintech giant Wirecard may be followed by more failures among payment firms and electronic money (e-money) institutions (EMIs), the UK financial markets regulator, the […]
Financial ‘super-app’ Revolut has announced it is applying to become a UK bank. But the fintech firm, which boasts over 12m customers and has a private market valuation of over […]