What do Wikipedia—an online encyclopedia—and bitcoin—internet money—have in common? Both are open-source projects. This type of initiative is playing an increasingly powerful role in many areas of life. Open-source networks […]
Only a few months ago, central banks were stalling on plans to issue their own digital currencies. Now China is taking an early lead in the race to launch one. […]
Hardly at all, then at once—the tectonic plates of the global monetary system are shifting. Mark Carney, the outgoing Bank of England governor, yesterday shocked the traditionally staid annual August […]
Long-awaited and oft-delayed, Bakkt’s physically settled bitcoin futures are finally on the way. How big an impact will they have? A year after the launch plans were first announced, on […]
The US financial system was designed to ensure that no single entity would ever dominate the nation’s money. But the downside of this legacy is becoming ever-clearer when it comes […]
Fintech is not just about finance and technology. It’s the trade war between Trump and China. It’s about politics, history and culture. It’s the battle over privacy and money laundering. […]
Is tether a fraud or a threat to the hegemony of the US dollar? Nothing better illustrates the clash between traditional finance and the new world of cryptocurrencies than tether, […]
Derivatives based on cryptocurrencies are big business, generating fortunes for the owners of trading venues. But those exchanges don’t all play by the same rules. Confusingly, the global regulation of […]
In the latest New Money Review podcast, Paul Amery interviews Robert Sams, founder and chief executive of Clearmatics, a technology company based in London. In the podcast, Sams explains why […]
New digital currencies will have a profound impact on our concept of money, the financial system and the economy, says a top regulatory lawyer. “It’s possible for something to be […]