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When the shadowy figure known as Satoshi Nakamoto launched bitcoin in 2009, few predicted that the technology underpinning it would, in a few short years, be hailed as an invention as important as the internet. Capital markets are on the front line for disruption, writes Lewis McLellan. -
The cryptocurrency boom has been mostly confined to the corporate world. But, some of the more forward-thinking countries are planning on getting into the digital currency game. They should know better.
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European Commission vice-president Valdis Dombrovskis issued a stark statement against bitcoin and cryptocurrencies before Christmas, saying they “are not really currencies” but cause “clear risks for investors and consumers”.
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Estonia plans to become the first sovereign to dip its toes into the still murky waters of cryptocurrencies.
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The US Commodity Futures Trading Commission on Friday proposed an interpretation of a crucial derivatives rule with regard to virtual currencies like bitcoin.
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Futures based on cryptocurrency bitcoin exploded onto US exchanges this week, with traders looking to expose themselves to the asset's incredible volatility and authorities sounding warnings.
