Search Results for: Distributed ledger technology
ESMA is seeking information on new developments in virtual currency investment
April 22nd, 2015
The European Securities and Markets Authority (ESMA) has launched a call for evidence on investments using virtual currency or distributed ledger technology. ESMA is seeking information and views from stakeholders on new developments in how virtual currency technology is ...
Bank of England could issue own digital currency
February 27th, 2015
Like its counterparts in the US, the Bank of England is pondering the implications of issuing its own digital currency. The potential of a central bank-backed digital currency is touched on with the publication of the BofE’s ‘One Bank Research ...
Economic and monetary outlook for 2021
January 5th, 2021
The most important event in the new year is likely to be the Fed losing control of its iron grip on markets. The dollar’s declining trend is already well established against other currencies and commodities, leading to this outcome. ...
The psychology of money
December 30th, 2020
The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view. What will replace them — bitcoin or gold? This article argues that ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
Time to learn about money
May 14th, 2020
An unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have yet to discount the possibility of such an outcome, but in the coming months they are likely ...
Bitcoin down 77 per cent in the past month; alt-coins follow
March 16th, 2020
Bitcoin’s (BTC) price has dropped 77 per cent over the past 30-days as the market responds to sharp falls in the global financial markets. Alt-coins (digital assets launched after BTC) XRP and Ethereum (ETH) have followed suit, with 103 ...
Seven EU Countries established the “Mediterranean seven” group to promote blockchain
December 12th, 2018
Countries around the world are starting to recognize the value that blockchain technology brings to the table regarding not only its potential to improve governance and the delivery of public services but also to tackle key problems and inefficiencies ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
JPMorgan files blockchain interbank payment patent
May 8th, 2018
JPMorgan has filed a patent for the application of blockchain technology to speed up the process of cross-border payments. The patent application was initially filed in October, just after the bank announced plans to pilot the processing of cross-border ...
