Cryptocurrency exchange Binance today regained access to the UK’s Faster Payments system, which enables 24/7 real-time sterling payments of up to £1m. Binance is using UK-based electronic money institution Paysafe […]
Last week’s $320m Wormhole hack raises serious questions about contagion risks between crypto and the broader financial markets. $320m of disappearing ether On February 2, an attacker exploited faulty code […]
India’s government said yesterday it plans to launch a digital version of its national currency later this year or in 2023. The country’s finance minister, Nirmala Sitharaman, said in her […]
In the latest New Money Review podcast, technologist Martin Walker tells Paul Amery how the cryptocurrency bubble has wasted huge amounts of capital and is only one of several interconnected […]
The US central bank has set out its thoughts on a possible future digital currency (CBDC) in a widely awaited discussion paper, released yesterday. In the paper, the Federal Reserve […]
Russia’s central bank, the Bank of Russia, has called for a ban on cryptocurrency, including the issuance, trading, investment in and mining of these digital assets. In a 37-page consultation […]
The Monetary Authority of Singapore (MAS) today issued stringent new rules banning cryptocurrency firms from promoting their tokens to the general public in the city-state. But in London crypto ads […]
As China launches its state digital currency, the US and UK appear to be stepping away from the idea. Full steam ahead in China Last week China took another big […]
Public infrastructures such as government identity schemes and payment systems can help address the risk of a big tech takeover of the digital economy, the Bank for International Settlements (BIS) […]
During the last decade the UK has become a global leader in financial technology (fintech), attracting a volume of investment that’s second only to the US. Light-touch regulation—meant to help […]
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