Despite the rapid rise of digital payments, cash isn’t on its way out yet. That’s the key message from the Bank for International Settlements (BIS), which published its annual ‘Red […]
The US lawmakers who grilled Facebook boss Mark Zuckerberg for six hours last week appeared to speak from a position of power. But the tough talk could disguise fundamental weakness. […]
Building a new bitcoin mine in the middle of Texas, where summer temperatures often reach 50 degrees Celsius, seems a terrible PR move in a world increasingly preoccupied by global […]
For its supporters, bitcoin is digital gold, providing an immutable historical record of financial transactions. For goldbugs, nothing beats the scarcity and durability of the yellow metal. Now a new […]
The worlds of traditional finance and cryptocurrency/blockchain are still far apart. But we should keep our eyes open for signs of a longer-term convergence between legacy and decentralised finance, says […]
Regulators are intensifying their efforts to prevent the operators of social networks from launching digital currencies that may subsequently prove hard to dislodge. During the last week, global financial regulators […]
If you want to get regulators onside to launch a new global payments technology, there’s one place in particular where you need to plead your case. It’s Basel in north-west […]
They may not be at war, but relations between the traditional finance and cryptocurrency/blockchain camps have long been marked by mutual suspicion. A year ago, Sibos, which describes itself as […]
If you thought investing in cryptocurrencies was risky, try making them. An estimated 4.3 million bitcoin mining machines around the world now perform around 82 exahashes (million trillion hashes) per […]
China’s central bank head sought last week to head off speculative fever regarding the launch of a new state-backed digital currency. Intense investor interest in China’s financial technology (fintech) sector […]
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