In theory, decentralised ledgers could help revolutionise the global capital-raising process, disrupting the share and bond markets in the same way that bitcoin promises an alternative to central bank-issued money. […]
Global policymakers are struggling to achieve a consistent approach to defining and regulating cryptocurrencies. A new report from the UK government illustrates the problem in microcosm. On October 29 the […]
Some technologies fade away and are replaced: typewriters, punch card computers and VHS tapes are now obsolete. But in payments, new technologies may need to build on old ones, says […]
Suddenly, cryptocurrency custody is a hot topic. The developers of new custodial services argue that better safekeeping strategies will help entice institutional investors into digital assets. But why pay 1-2 […]
The Bank for International Settlements (BIS) has warned that cryptocurrencies such as bitcoin are a poor substitute for money issued by central banks. The Basel-based BIS, an international financial institution […]
Some institutional investors have written off cryptocurrencies as a bubble. Others may be taking their first steps to allocate money to a new, uncorrelated asset class. Wherever they fall on […]
A fierce debate over the optimal size of bitcoin blocks may have led to a schism amongst early adopters of the cryptocurrency. But the more efficient usage of block space […]
In the New Money Review podcast, technologist Dave Birch predicts a period of seismic change in the global monetary system. Birch is a commentator on digital financial services and the […]
Measured head-to-head against central bank-issued national currencies in terms of market value, cryptocurrencies still represent a drop in the ocean. But cryptos’ rapid ascent to prominence is making some central […]
By launching in competition to government-issued fiat currencies, cryptocurrencies are a new version of private money, an asset class with a long tradition, says Lawrence H. White, a professor of […]