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Justin Sun goes where Terra/LUNA failed

May 28, 2022 Comments are Disabled

It’s hard to stamp out a bad idea in cryptocurrency. Shortly before the Terra (UST) stablecoin collapsed earlier this month, destroying most of the $50bn once invested in it and […]

Tether’s accountant waves red flag

May 21, 2022 Comments are Disabled

The language used by Tether’s accountant in the latest quarterly attestation report suggests it’s worried about the future existence of the stablecoin. Tether has since undergone a sharp contraction since […]

Stablecoins give regulators a headache

May 19, 2022 Comments are Disabled

Better-regulated digital money tokens are the real threat to the financial system. Last week’s Terra ($UST) collapse was hardly surprising: backed by little but hot air and an online cult, […]

Tether tremors sink crypto

May 12, 2022 Comments are Disabled

Contagion from the stablecoin collapse that started on Monday with Terra is now affecting the largest dollar token, Tether, hitting the broader cryptocurrency markets. At 07.00 UTC on Thursday 12 […]

Third-largest stablecoin loses its dollar peg

May 9, 2022 Comments are Disabled

Terra, the third-largest stablecoin by market size, is trading at a discount to its dollar peg after heavy investor selling that threatens broader contagion effects. With a market capitalisation of […]

US legislators want Treasury, not Fed to run digital dollar

March 28, 2022 Comments are Disabled

A group of US legislators wants the US Treasury to introduce a fully anonymous digital dollar, countering plans for the central bank to take the responsibility of digitising the national […]

Johnson can’t stop Putin using Russia’s gold

March 24, 2022 Comments are Disabled

According to UK prime minister Boris Johnson, Britain and its Western allies will increase the economic pressure on Russia by examining whether more can be done to prevent President Vladimir […]

Gold in the time of war

March 16, 2022 Comments are Disabled

On 28 February the US, EU and UK froze most of the Russian central bank’s $630bn foreign currency reserves, responding to the country’s invasion of Ukraine. In the words of […]

Fake IDs blow hole in Russia sanctions

March 8, 2022 Comments are Disabled

Amidst the escalating war in Ukraine, Western countries are seeking to step up sanctions against Russia-linked entities. But sanctions can only be enforced if the dividing line between permitted and […]

India’s digital currency leap

February 18, 2022 Comments are Disabled

Over the last decade India has undertaken arguably the most ambitious digitisation programme of any country in the world. Its so-called ‘India stack’—a public digital infrastructure that allows governments, businesses, […]

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PAYMENT

Justin Sun goes where Terra/LUNA failed

Tether’s accountant waves red flag

Stablecoins give regulators a headache

Tether tremors sink crypto

Third-largest stablecoin loses its dollar peg

US legislators want Treasury, not Fed to run digital dollar

Johnson can’t stop Putin using Russia’s gold

Gold in the time of war

Fake IDs blow hole in Russia sanctions

India’s digital currency leap

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