The slump in the US dollar is beginning to accelerate. The gold price leapt to a new all-time high in early trading on Monday 27 July, with silver and bitcoin […]
Wednesday’s dramatic Twitter hack has led to a spat between a firm of cryptocurrency investigators and a provider of bitcoin privacy software. More than a fifth of the funds raised […]
There’s no easy way to address the frictions affecting global money flows, says the Committee on Payments and Market Infrastructures (CPMI), which looks after the safety and efficiency of the […]
A European data market will help break the grip of large digital platforms like Facebook, Google, Apple and Amazon, says Michael Salmony, our guest on the latest New Money Review […]
The global financial markets are now increasingly dependent on a single currency, the US dollar, and a single source of liquidity—the US central bank. That’s the conclusion drawn by the […]
The Wirecard collapse raises questions over the safety of funds kept by electronic money and payment services firms. Spot the difference On the face of it, there’s very little difference […]
The UK financial services regulator has reversed its Friday decision to suspend the activities of Wirecard Card Solutions Limited, an action which precipitated the freezing of up to 60 prepaid […]
In an open letter to the UK’s Financial Conduct Authority (FCA), the UK’s Emerging Payments Association has warned of lasting damage to the UK’s financial technology sector as a result […]
While millions of pre-paid card users have seen their funds frozen as a result of the Wirecard scandal, some using cryptocurrency-based debit cards have been able to retain access to […]
The effects of Wirecard’s collapse are now rippling around the world, depriving millions of workers in the global freelance economy from access to their money. Many of those without formal […]