Cross-border interoperability will be a key test for CBDCs, BIS and BoE specialists warn
Banking

Cross-border interoperability will be a key test for CBDCs, BIS and BoE specialists warn

3d | By Jeremy Chan, Journalist

Cross-border interoperability will be a key test f...

Internationalisation of CBDC a major design consideration Read More...

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Bitcoin surge prompts new warnings from regulators
Payments

Bitcoin surge prompts new warnings from regulators

5m | By Jeremy Chan, Journalist

Bitcoin surge prompts new warnings from regulators

Regulators issued fresh warnings on investing in cryptocurrencies after Bitcoin skyrocketed to a new all-time high last week. The UK’s Financial Condu...

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ECB wants crypto alternative
Banking

ECB wants crypto alternative

8m | By Leanna Reeves, Journalist

ECB wants crypto alternative

Last week European Central Bank (ECB) president Christine Lagarde announced the central bank’s ambition to implement a digital euro. Lagarde’s stateme...

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Interest in cryptos grows as retail investor look to benefit
Payments

Interest in cryptos grows as retail investor look to benefit

12m | By Leanna Reeves, Journalist

Interest in cryptos grows as retail investor look ...

In March, market disruption caused by the pandemic followed a drop in the price of cryptocurrencies – including Bitcoin, which lost half of its ...

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Crypto exchanges welcome traditional bank relationships
Banking

Crypto exchanges welcome traditional bank relationships

1y | By Emma Olsson, Reporter

Crypto exchanges welcome traditional bank relation...

Relationships between cryptocurrency institutions and traditional banks will bolster crypto’s legitimacy, market participants predict. “It appears the...

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IRS solicits contractors to crack down on crypto tax evasion
Trading & brokering

IRS solicits contractors to crack down on crypto tax evasion

1y | By Shannon Moyer, Journalist

IRS solicits contractors to crack down on crypto t...

The IRS is evolving its efforts to crack down on crypto tax non-compliance, recruiting independent contractors obtain cryptocurrency transactions data...

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Report: Crypto industry divides over 5AMLD
Payments

Report: Crypto industry divides over 5AMLD

1y | By Emma Olsson, Reporter

Report: Crypto industry divides over 5AMLD

Crypto businesses face a wake-up call following the European Union’s fifth Anti-Money Laundering Directive’s (5AMLD) January 10 deadline, ...

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Banks looking for regulatory clarity before joining Libra
Insurance

Banks looking for regulatory clarity before joining Libra

2y | By Rebekah Tunstead, Reporter

Banks looking for regulatory clarity before joinin...

Addressing regulatory uncertainty will be necessary before banks look to join Facebook’s Libra Association, according to David Marcus, head of C...

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Crypto chief: Centralised digital currencies could deter corruption

Crypto chief: Centralised digital currencies could deter corruption

2y | By Emma Olsson, Reporter

Crypto chief: Centralised digital currencies could...

The ability to program digital currencies could grant central banks greater control over the monetary system, according to co-founder of cryptocurrenc...

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Ripple builds liquidity capabilities
Banking

Ripple builds liquidity capabilities

2y | By Michael McCaw, Editor

Ripple builds liquidity capabilities

US-based Ripple is ramping up its instant liquidity capabilities in a bid to stand out in the increasingly competitive cross-border payments sphere, a...

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Bitcoin futures market heats up
Banking

Bitcoin futures market heats up

2y | bobsguide

Bitcoin futures market heats up

Bitcoin futures have been trading for almost two years now – but the marketplace for those trades has been a relatively quiet one. Both the deri...

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Chinese crypto “no surprise”
Payments

Chinese crypto “no surprise”

2y | By Alex Hamilton, Reporter

Chinese crypto “no surprise”

News that a Beijing-backed digital currency is in the offing comes as no shock to the market, according to Daniel Scott, CEO at CoinCorner. “Chi...

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UK’s anti-crypto stance “aggressive and outmoded”
Asset management

UK’s anti-crypto stance “aggressive and outmoded”

2y | By Alex Hamilton, Reporter

UK’s anti-crypto stance “aggressive and outmoded”

The Financial Conduct Authority (FCA)'s proposed crypto-derivatives ban is aggressive and outmoded, according to Townsend Lansing, chief...

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Facebook-backed Libra cryptocurrency facing regulatory battle
Insurance

Facebook-backed Libra cryptocurrency facing regulatory battle

2y | By Alex Hamilton, Reporter

Facebook-backed Libra cryptocurrency facing regula...

Facebook-supported virtual currency Libra has faced regulatory scrutiny following its unveiling earlier this week, driven by what blockchain and crypt...

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Blockchain finds industry applications in wake of burst crypto bubble
Banking

Blockchain finds industry applications in wake of burst crypto bubble

2y | By Alex Hamilton, Reporter

Blockchain finds industry applications in wake of ...

The bursting of the cryptocurrency bubble and the deflation of industry hype around blockchain means distributed ledger technology has the time decoup...

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Regulators struggling to oversee crypto assets
Insurance

Regulators struggling to oversee crypto assets

2y | By Rebekah Tunstead, Reporter

Regulators struggling to oversee crypto assets

The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as nati...

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Cryptocurrency industry waking up to insurance possibilities
Insurance

Cryptocurrency industry waking up to insurance possibilities

2y | By Alex Hamilton, Reporter

Cryptocurrency industry waking up to insurance pos...

At its peak in January 2018, the combined market capitalisation of cryptocurrency hit $830bn. While that figure has since declined to just over $113bn...

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China attempts to stem corruption and capital outflows with crypto mining ban
Insurance

China attempts to stem corruption and capital outflows with crypto mining ban

2y | By Alex Hamilton, Reporter

China attempts to stem corruption and capital outf...

The Chinese government has proposed a ban on cryptocurrency mining in a bid to tackle corruption and stem capital outflows prevalent in the market, be...

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