Local currencies can help restore balance in society and it’s time to move away from an economy based on the exploitation of individuals’ personal data. So says Diana Finch, managing […]
Last year’s high-profile insolvency of German fintech giant Wirecard may be followed by more failures among payment firms and electronic money (e-money) institutions (EMIs), the UK financial markets regulator, the […]
Financial ‘super-app’ Revolut has announced it is applying to become a UK bank. But the fintech firm, which boasts over 12m customers and has a private market valuation of over […]
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 […]
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