Deputy governor says initial plans may have been ‘overly conservative’ and central bank ‘looking very hard’ at alternatives
DeFi was once touted as the future of finance but traders have grown concerned over the security of these projects
The crypto tokens are not yet safe enough to be used at scale in the settlement of large, wholesale financial transactions
The risk to US banks is real in theory but difficult to realise in practice
Start-up Stratiphy is the first to offer both crypto ETNs and Innovative Finance Isas
Growth of dollar-pegged crypto assets under Donald Trump risks accelerating dollarisation and enabling criminal misuse
Country risks missing next phase of mainstream adoption now under way
Loss equates to about half of total US dollar value on deposit with platform popular for trading perpetual derivatives
A bunch of liabilities, balanced on bullion and bitcoin
The world’s largest stablecoin issuer also brings on PwC to ready internal systems
Digital investments will be restricted to niche Innovative Finance Isas from next month
Crypto companies go head to head with US banks
If stablecoins are the future of money, the BIS reckons the future looks a bit rubbish
Is there anything really new about them?
Trump’s insistence that ‘we are not going to allow’ banks to undermine crypto legislation also boosts sector
UK fintech that is still awaiting key lending approvals chosen by regulator to test cryptocurrency
Company says hackers accessed some of its founders’ social media accounts in bid to knock price of token
Proposal to launch cryptocurrency pegged to US dollar comes after cash supply was decimated during Israeli offensive
This is the year that stablecoins are becoming part of the mainstream for online and international payments
Banks say rules governing the digital currency are a risk to financial stability. Are they just trying to stamp out competition?
Stablecoin group holds more bullion than many central banks and is one of biggest winners from blistering rally
Issuers should be allowed to pay interest on stablecoins — just as lenders can on dollars
Fintechs have touted stablecoins as a way to revolutionise international transfers
In spite of efforts to bring it into the mainstream, the cryptocurrency remains one step removed from money
Stablecoin giant’s Devasini is director of groups that bought Peak Mining from Northern Data