Since the UK voted to leave the EU, financial services has been largely absent from Brexit discussions. This is despite the fact that financial services are an important piece of the UK economy. They account for around around 10% of total tax receipts...
Back in December 2017, when its price reached close to US$20,000, Bitcoin looked like it had finally disrupted financial markets with the potential to enter the mainstream. A year later and things looked quite different. Bitcoin is now steadily trading below...
Could free units of a new digital currency end up being worth thousands of dollars?
Initiative Q, which is aggressively marketing itself on social media, wants you to think so. It urges you to sign up now, and get your...
A mysterious, anonymous entity known as “Satoshi Nakamoto” posted a white paper on October 31 2008 entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”. It was the first time that the concept of Bitcoin entered the world. But outside of the cypherpunk mailing lists...
Securitisation was once lauded as an innovation designed to enhance the resilience and stability of the financial system by redistributing risk efficiently. Yet the housing bubble that burst and triggered the 2007-08 global financial crisis was fuelled by this...
While private digital currencies such as the bitcoin are in the news daily, countries including China and Sweden are studying the creation a new form of money – a central-bank digital currency (CBDC). The objective is to complement (or...
With the price of a bitcoin reaching record highs of more than $10,000, more and more ordinary people consider investing in the cryptocurrency. The recent price surge, however, comes with tremendous risks. Investors should be prepared for the possibility...
