Many large financial institutions have performed an about-turn in cryptocurrency during the last few years, moving from a position of outright hostility to one of acceptance and even enthusiasm. But […]
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 […]
Last month cryptodollar issuer Tether agreed with New York prosecutors to come clean on its reserves, long a topic of controversy. But the general public may still end up none […]
Doubts remain about the leading cryptocurrency’s long-term viability. Bitcoin miners—the computers securing the network and keeping a record of transactions—rely on two sources of income: the block reward and the […]
Slowly but surely, an alternative financial infrastructure is being built, promising a cheaper, more efficient, stable and transparent way of lending and borrowing, issuing securities and managing money. If that […]
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 […]
Dan Hyde, a partner at UK-based law firm Harrison Clark Rickerbys, specialises in emerging technology. His beat includes artificial intelligence, robotics, the internet of things, quantum computing, cryptocurrency and distributed […]
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 […]
For its promoters, it overcomes unfair restrictions on access to the world’s banking system. For critics, it’s the engine of a massive, system-wide fraud. All eyes are on tether, the […]
SC Ventures, the innovation and ventures unit of Standard Chartered Bank, and Northern Trust, one of the world’s largest custodian banks, are teaming up to create Zodia Custody, a new […]