Yesterday’s decision by California’s banking regulator to shut Silicon Valley bank after a $42bn run by depositors, the second-largest bank failure in US history, threatens far-reaching consequences. One of its […]
Got funds on your Revolut card? If you do, you may wish to know what do the firm’s recent accounting problems say about the safety of its clients’ money. Read […]
Sanctions imposed on Russia after its invasion of Ukraine have caused London, the world’s major bullion trading market, to shrink. According to the London Bullion Market Association (LBMA), gold held […]
Former banker Sean Tuffy tracks the impact of global financial regulation on the investment business. In recent years he’s been paying a lot of attention to cryptocurrencies, digital assets and […]
It’s been a torrid year for investors in cryptocurrency but the worst is not over, says Carol Alexander, my guest on the latest New Money Review podcast. In 2023 the […]
The initial reaction from traditional financial markets to the sudden bankruptcy of cryptocurrency exchange FTX was dismissive. But could high-frequency trading (HFT) firms be the vector for contagion from crypto […]
The fallout from the demise of cryptocurrency exchange FTX has reached the crypto deposit and lending platform BlockFi, which announced at 1.15am GMT on 11 November that it was suspending […]
The cryptocurrency crash triggered by this week’s failure of the FTX exchange has now reached the largest dollar token, Tether. As at 12.10 GMT on 10 November, Tether had lost […]
Money theorist David Birch thinks we will all live in a world of multiple competing currencies. And communities, says Birch, will be one of the five main future issuers of […]
By keeping interest rates near zero for over a decade, central banks have created profound economic insecurity and financial fragility. That’s the argument of financial historian Edward Chancellor, guest on […]