Brazil’s central bank has put an apparent stop to Facebook’s payments plans in the country only a week after the tech giant announced the launch of a new WhatsApp-based digital […]
The Bank for International Settlements (BIS) has issued a rallying call for countries to prevent the emergence of powerful new monopolies in the form of digital platforms run by large […]
Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of […]
We can all see the short-term impacts of the coronavirus pandemic: fear, lockdowns, falls in output, restrictions on travel, frictions in supply chains, growing social tension and unprecedented government intervention. […]
Most of us are so used to the concept that saved money grows by earning a positive rate of interest that the idea of negative interest rates comes as a […]
It’s time to reverse the major trend seen since the 2008 financial crisis—centralisation. That’s the opinion of Alex Lipton, an academic and former Wall Street quant who now works at […]
The rate of spread of coronavirus through the human population may be slowing, but the pandemic seems well on the way to claiming another permanent victim: physical cash. That seems […]
Two key European Union laws—the General Data Protection Regulation (GDPR) and the fifth Anti-Money Laundering Directive (AMLD5)—are hindering the future growth of financial technology (‘fintech’) and blockchain businesses in the […]
To understand bitcoin, think of it as a technology rather than as a speculative financial asset, a leading computer scientist said this week. “People often talk about bitcoin as an […]
Entrepreneurs are competing in an intensifying race to design the future standards for the transmission of money. Gauge war The western English town of Gloucester was once the frontline of […]
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