The founder of the world’s largest cryptocurrency exchange says crypto adoption may stall if consumers can’t find safer, more convenient ways to store their digital money. Outpacing stock exchanges Founded […]
Humans have an innate ability to deceive, both each other and themselves. And nowhere is this skill put to more powerful effect than in the world of money. Financial fraud […]
Economics textbooks tell us humans created money to overcome the drawbacks of barter. If your chicken wasn’t worth someone’s bushel of grain, you had no bread and they had no […]
Governments are acquiring an increasing share of the overall bitcoin supply after a spate of asset seizures from cyber criminals. In recent days, Chinese authorities have announced the confiscation of […]
This year’s coronavirus pandemic has accelerated plans for the introduction of central bank digital currencies (CBDCs)—a mobile-ready replacement for our state-issued banknotes and coins. But many of the most important […]
Privately issued stablecoins—digital money backed by fiat currency like the US dollar—won’t work in the long term as they lack the government support implicit in central bank money, say researchers […]
Banks should get into the lucrative cryptocurrency custody business soon or risk failing to exploit a key competitive advantage, say Boston Consulting Group (BCG) and law firm White & Case […]
The US government disclosed today that it had seized over $1bn of bitcoin from an unidentified individual who had stolen the cryptocurrency by hacking the Silk Road dark net website […]
Facebook’s ‘Libra’ digital currency project combined incompetence and arrogance and was bound to fail, says David Gerard, our guest on the latest New Money Review podcast. Gerard, a technology expert […]
Jack Ma, the co-founder and chairman of Chinese technology giant Alibaba, has attacked the Basel regulatory framework for the global banking system, calling it a hindrance to development. The Basel […]