The increasing adoption of cryptodollars—digital dollar tokens that can be passed hand-to-hand—is a sure sign of the revolution that’s taking place in money, says Nic Carter, our guest on the […]
Too strict a reserve policy makes asset-backed money of limited use. But too lax a policy may be the first step on a slippery path to destruction. Since US President […]
This year’s coronavirus pandemic has accelerated plans for the introduction of central bank digital currencies (CBDCs)—a mobile-ready replacement for our state-issued banknotes and coins. But many of the most important […]
Amidst the chaotic fallout of the US presidential election, one result at least seemed clear: the half-century-long war on drugs has come to an end. That’s how many observers have […]
Privately issued stablecoins—digital money backed by fiat currency like the US dollar—won’t work in the long term as they lack the government support implicit in central bank money, say researchers […]
More than a quarter by value of the world’s investment-grade bonds now have negative yields, according to the latest data from Bloomberg. The market value of the Bloomberg Barclays Global […]
Facebook-owned messaging service WhatsApp said that from today it is rolling out a payments option for its 400m users in India. The new feature will enable Indian users of the […]
Facebook’s ‘Libra’ digital currency project combined incompetence and arrogance and was bound to fail, says David Gerard, our guest on the latest New Money Review podcast. Gerard, a technology expert […]
Around the world, payments are becoming faster, more efficient and more convenient due to the increasing adoption of digital and mobile technology, says the Bank for International Settlements (BIS) in […]
The Shanghai Stock Exchange (SSE) has intervened to halt the public sale of shares in Ant Group, China’s financial technology giant, due to take place later this week. The share […]