Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]
What do Wikipedia—an online encyclopedia—and bitcoin—internet money—have in common? Both are open-source projects. This type of initiative is playing an increasingly powerful role in many areas of life. Open-source networks […]
Only a few months ago, central banks were stalling on plans to issue their own digital currencies. Now China is taking an early lead in the race to launch one. […]
Hardly at all, then at once—the tectonic plates of the global monetary system are shifting. Mark Carney, the outgoing Bank of England governor, yesterday shocked the traditionally staid annual August […]
The US financial system was designed to ensure that no single entity would ever dominate the nation’s money. But the downside of this legacy is becoming ever-clearer when it comes […]
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, […]
In the latest New Money Review podcast, Paul Amery interviews Robert Sams, founder and chief executive of Clearmatics, a technology company based in London. In the podcast, Sams explains why […]
New digital currencies will have a profound impact on our concept of money, the financial system and the economy, says a top regulatory lawyer. “It’s possible for something to be […]
A new initiative by global governments to combat money laundering risks driving financial activity out of the reach of law enforcement agencies, say tech experts. FATF addresses ‘growing misuse’ of […]
At the end of a week in which Facebook announced a major new payments project and the UK’s central bank said it would allow more non-banks into the core of […]
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