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 […]
In an updated version of its white paper, released today, the Libra Association says it is scaling back its initial plans for a global payments medium and instead focusing on […]
Leaked prototypes of China’s new central bank digital currency (CBDC) suggest the country will use mobile phone-based money to challenge US control of the global financial system. According to media […]
Bitcoin poses a revolutionary challenge to conventional models of financial governance, says a University of Luxembourg researcher. Financial market infrastructures—or ‘FMIs’, for short—are the most heavily regulated part of the […]
Tokens—smart digital claims on assets—are going to completely remake financial markets, predicts author and technologist David Birch. Meanwhile, China’s state-backed digital currency experiment could accelerate a global power shift from […]
Although they haven’t yet reached fruition, plans to issue government-backed digital currencies in the world’s two largest economies appear to be moving forward in the wake of the economic disruption […]
Welcome to the new financial system. Same as the old one? On the face of it, the philosophical differences between centralised and decentralised finance (or ‘CeFi’ and ‘DeFi’, for short) […]
The UK’s central bank has called for public input regarding the design of a new national digital currency amidst what it calls a revolution in payments. In a discussion paper […]
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 […]
Crypto-asset custodian BitGo is launching a new service for institutional clients, enabling them to lend out their bitcoin or obtain cash loans for cryptocurrency collateral, the firm announced today. “BitGo […]