Banks should get into the lucrative cryptocurrency custody business soon or risk failing to exploit a key competitive advantage, say Boston Consulting Group (BCG) and law firm White & Case […]
More than a quarter by value of the world’s investment-grade bonds now have negative yields, according to the latest data from Bloomberg. The market value of the Bloomberg Barclays Global […]
Facebook-owned messaging service WhatsApp said that from today it is rolling out a payments option for its 400m users in India. The new feature will enable Indian users of the […]
The US government disclosed today that it had seized over $1bn of bitcoin from an unidentified individual who had stolen the cryptocurrency by hacking the Silk Road dark net website […]
Around the world, payments are becoming faster, more efficient and more convenient due to the increasing adoption of digital and mobile technology, says the Bank for International Settlements (BIS) in […]
The Shanghai Stock Exchange (SSE) has intervened to halt the public sale of shares in Ant Group, China’s financial technology giant, due to take place later this week. The share […]
Jack Ma, the co-founder and chairman of Chinese technology giant Alibaba, has attacked the Basel regulatory framework for the global banking system, calling it a hindrance to development. The Basel […]
The recovery from the coronavirus pandemic is proving patchy. It’s prone to conflict, fear and mistrust. And if we don’t fix our flawed digital identity infrastructure, says Bianca Lopes, our […]
Cryptocurrency networks help support a growing volume of dollar transfers taking place outside the traditional financial system. The growth of private stablecoins As central banks around the world debate whether […]
As they grapple with the anarchic growth of digital assets, regulators and policymakers around the world have been trying to bring some order to the frenzy. In the wake of […]