Tech giant Facebook is targeting a multi-trillion dollar pool of money market fund assets as it seeks to launch its new digital currency, Diem, in the US. Yesterday Facebook announced […]
Governments should use their tax and spend powers to address rising levels of inequality, rather than relying on central banks to help build a fairer society. That’s the message from […]
The volume of tethers in issue has doubled since the end of 2020 to over $45bn, despite continuing uncertainty over the largest stablecoin’s asset backing. Tether is a cryptocurrency version […]
Binance, the world’s largest cryptocurrency exchange, is launching tokenised equity trading for its clients, starting with an offering of Tesla shares. The move will permit Binance’s clients to own US […]
Could a bitcoin arbitrage-gone-wrong have broader consequences for the cryptocurrency market? ‘GBTC’, the US-listed Grayscale Bitcoin Trust, is a true bitcoin whale, owning more than 3 percent of the cryptocurrency […]
Why is the price of bitcoin for future settlement above the current (‘spot’) price? How are hedge funds trying to arbitrage differences in cryptocurrency funding rates? Why is the largest […]
In an echo of the 2011 Libor scandal, Coinbase’s past manipulation of the bitcoin price impacted a key market benchmark. On Friday the Commodity Futures Trading Commission (CFTC), which regulates […]
Central Bank Digital Currencies (CBDCs) are on everyone’s agenda. Nations big and small are studying their advantages and disadvantages, examining retail, wholesale, and hybrid models and even deploying functioning systems. […]
Two of the three founders of the BitMEX cryptocurrency exchange will surrender to US authorities in coming weeks. Their forthcoming trials could help throw light on the controversial crypto-dollar, tether. […]
In the latest New Money Review podcast, Paul Gordon, the founder of Coinscrum, the UK’s oldest and most popular cryptocurrency networking and events group, shares his thoughts on the past, […]