Digital identity systems promise a way out of the coronavirus slump. But as they have major implications for money systems, politics and democracy, getting them wrong could have disastrous repercussions. […]
Hard economic times can spur the adoption of local currencies. Could digital payments give a boost to the trend? In an economic slump, no one has much cash. And if […]
The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]
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 […]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok