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DLT expertise will be needed as markets are modernised
New system makes atomic settlements possible between seven currencies
◆ Outsiders open EM investors’ wallets ◆ European banks let their hair down in dollar market, still shy in euros ◆ Digital innovation in Frankfurt with DZ Bank
Changes to ECB collateral eligibility requirement could lead to more blockchain-based covered bonds, Moody's suggests
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Cryptocurrencies had an incredible run last year, but for them to really hit the mainstream, their advocates should study the sort of old money institutions many of them oppose: central banks.
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The minefield of what a cryptocurrency is might have been able to remain comfortably in the realms of the philosophical, if it were not for the relentlessly grounded and literal approach of the US Internal Revenue Service.
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Canaan is eyeing a $1.5bn IPO in Hong Kong that will test investor appetite for the first listing of a cryptocurrency firm in the city.