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 […]
For its promoters, it overcomes unfair restrictions on access to the world’s banking system. For critics, it’s the engine of a massive, system-wide fraud. All eyes are on tether, the […]
The founder of the world’s largest cryptocurrency exchange says crypto adoption may stall if consumers can’t find safer, more convenient ways to store their digital money. Outpacing stock exchanges Founded […]
Humans have an innate ability to deceive, both each other and themselves. And nowhere is this skill put to more powerful effect than in the world of money. Financial fraud […]
SC Ventures, the innovation and ventures unit of Standard Chartered Bank, and Northern Trust, one of the world’s largest custodian banks, are teaming up to create Zodia Custody, a new […]
Economics textbooks tell us humans created money to overcome the drawbacks of barter. If your chicken wasn’t worth someone’s bushel of grain, you had no bread and they had no […]
Governments are acquiring an increasing share of the overall bitcoin supply after a spate of asset seizures from cyber criminals. In recent days, Chinese authorities have announced the confiscation of […]
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