Investors seeking refuge from the equity market meltdown in gold and bitcoin have so far faced losses. But this is a buying opportunity in both assets, say market observers. Amidst […]
Domestic payments—those within a single currency area—are becoming faster, easier and safer. But the opposite is true when payments go global. There are six deep-rooted reasons for the opacity, high […]
The UK’s financial regulator, the Financial Conduct Authority (FCA), caused confusion this week by issuing risk warnings against two cryptocurrency exchanges, Kraken and BitMEX, then withdrawing one of them. One […]
Everyone outside the country is expecting the arrival of China’s new sovereign digital currency. President Xi has recently been singing the praises of blockchain technology, the infrastructure for the new […]
Last year’s PlusToken scam involved a clever combination of technology, fraudulent promises and viral marketing. The theft deprived its 3 million victims, mostly based in Asia, of over $2bn. But […]
The leading cryptocurrency will be the world’s future financial settlement network, says Obi Nwosu, chief executive of London-based cryptocurrency exchange Coinfloor, in an exclusive interview with New Money Review. Obi […]
Despite the rapid rise of digital payments, cash isn’t on its way out yet. That’s the key message from the Bank for International Settlements (BIS), which published its annual ‘Red […]
Is tether a fraud or a threat to the hegemony of the US dollar? Nothing better illustrates the clash between traditional finance and the new world of cryptocurrencies than tether, […]
Soaring volumes, billion-dollar fortunes, insane leverage and radical new risk models: welcome to the wild world of unregulated cryptocurrency derivatives. The real action in crypto derivatives The Chicago Mercantile Exchange […]
One intriguing aspect of bitcoin is the way it makes explicit the cost of running a monetary system. Bitcoin mining requires a lot of energy: nearly as much as Switzerland, […]