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 […]
From billion-pound businesses to sole traders, UK entities large and small are seeking to capitalise on the cryptoasset boom. Last week the UK financial markets regulator, the Financial Conduct Authority […]
Many observers argue that the imminent arrival of central bank digital currency (CBDC) could herald the biggest shake-up to the world’s monetary system for nearly a century. But, say the […]
Dan Hyde, a partner at UK-based law firm Harrison Clark Rickerbys, specialises in emerging technology. His beat includes artificial intelligence, robotics, the internet of things, quantum computing, cryptocurrency and distributed […]
Just three UK-based cryptoasset firms have been registered by the UK financial markets regulator in time for its own January 10 deadline, amidst signs the regulator is struggling to process […]
Tether insiders Paolo Ardoino and Stuart Hoegner said they may reveal full details of the reserves backing the controversial digital dollar some time later this year. “We are contemplating providing […]
The US government is turning to stablecoins—transferable digital tokens backed by fiat currency—as a way of speeding up its notoriously slow domestic payments system. Earlier this week the Office of […]
Europe’s introduction over two decades ago of a legal framework for new payments technology and electronic forms of money has been credited with making the region a global hotbed of financial technology […]
One has been around for three billion years, the other for only twelve. Yet supporters of the upstart—bitcoin—say it can beat gold as a vehicle for long-term savings. In the […]