Bitcoin mining is one of the riskiest industries in the world. Now a new financial product aims to make the activity a little less dangerous. Hashrate futures, launched last week […]
China’s central bank head sought last week to head off speculative fever regarding the launch of a new state-backed digital currency. Intense investor interest in China’s financial technology (fintech) sector […]
Central banks around the world have so far been reticent about issuing their own digital currencies. But there’s one major exception: China, the world’s largest trading nation. Earlier this month, […]
Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]
The fallout from last week’s indictment by the New York State Attorney General of Bitfinex and Tether continues, this time in the form of a 6 percent price premium in […]
It’s a period of heady and unprecedented innovation in both money and payments. But don’t expect central banks to join the party. That’s the sober message delivered today by Agustín […]
One of the most obvious potential applications of distributed ledger technology is in financial record-keeping. Blockchains promise greater efficiency and higher resiliency, say the technology’s advocates, as well as cutting […]
Bitcoin’s volatility has fallen by 70% in five months, reflecting calmer trading since the cryptocurrency’s price peak at the end of 2017. Volatility is a widely used measure of risk […]