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 […]
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/China conflict over the future of money has just moved up a notch. Yesterday, outgoing US president Donald Trump signed an executive order banning US users from accessing eight […]
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 […]
Central banks are braced for a world in which digital dollar tokens called stablecoins explode in value, posing a threat to governments’ ability to monitor the financial system. That’s one […]
The increasing adoption of cryptodollars—digital dollar tokens that can be passed hand-to-hand—is a sure sign of the revolution that’s taking place in money, says Nic Carter, our guest on the […]
Too strict a reserve policy makes asset-backed money of limited use. But too lax a policy may be the first step on a slippery path to destruction. Since US President […]
This year’s coronavirus pandemic has accelerated plans for the introduction of central bank digital currencies (CBDCs)—a mobile-ready replacement for our state-issued banknotes and coins. But many of the most important […]