“WE WENT IN TOO SOON”: Pension Fund Writes Off Major Crypto Investment
A Canadian pension fund, the nation's second-largest, Caisse de dépôt et placement du Québec (CDPQ), is writing off its investment in cryptocurrency lending platform,...
Despite All the Money Involved, Crypto Is Still a Wild Market
Cryptocurrency markets are still in the "wild" stage of their development, despite all the money involved. In the Financial Times, Lex analyzes the state...
How to Stabilize Stablecoins
In an extensive article in the Financial Times, Willem Buiter and Anne Sibert explain the benefits and problems with stablecoins, and how to maximize...
Swiss National Bank Surprises World with Rate Hike
The Swiss National Bank hasn't raised the country's interest rates since 2007, but today the bank surprised the world with a rate increase. Sam...
BLOOMBERG: Big Business’s Bitcoin Bet Backfires
MicroStrategy, a company founded to sell data mining services and software, has watched its stock price stumble as bitcoin prices collapse. The problem for...
Japan Restricts Who Can Issue Stablecoins
In a long-prepared set of new regulations, Japan has set stricter rules on stablecoins and their issuance in order to protect consumers and the...
Big Banks Adopting Blockchain for Short-Term Trading
Big banks BNP Paribas and JPMorgan are using digital tokens in their short-term trading operations. Eva Szalay reports for the Financial Times:
JPMorgan’s blockchain allow...
CRYPTO: Has the Fire Gone Out?
In The Wall Street Journal, Peter Santilli and Corrie Driebusch write that "Last year cryptocurrencies were on fire and appeared to gain more legitimacy...
STABLECOIN DEATH SPIRAL? TerraUSD Becomes Terra0.5USD Overnight
A selloff is currently hitting cryptocurrencies, and one, in particular, is beginning to look like an emperor with no clothes.
TerraUSD, a so-called "stablecoin," because...
What’s Pushing Down the Yen?
In the Financial Times, Zach Pandl examines recent yen depreciation, writing:
The yen has been the worst performing major currency this year, sliding around 12...