Make sense of a disrupted world
Add this topic to your myFT Digest for news straight to your inbox
And why stablecoins are less than revolutionary on many fronts.
Brexit-related volatility is making the pound act like a mini bitcoin
CEO Abigail Johnson says operation that started ‘just for fun’ is here to stay
Further blow for Facebook’s Libra project as concerns raised over financial stability
The company has shown economic and political ambitions with its plan for a digital currency
And is not actually, in any meaningful way, blockchain-based.
Central bank governor says digital coin will need to address several consumer concerns
After 7 backers pull out, the future of the digital currency hangs in the balance
Donald Trump imposes sanctions against Turkish officials
Libra set to miss 2020 launch as Booking.com is latest partner to pull out
Facebook seeks to rally support for digital currency as more partners jump ship
US regulator accuses messaging app of violating federal securities law
Global payments companies follow PayPal’s exit from the cryptocurrency project
Central bank says digital coin must be regulated as ‘systemically important’ payment system
Class action lawsuit filed against Tether and Bitfinex by the same lawyers who sued Craig Wright.
The Financial Conduct Authority is increasingly taking a tough line
Payments group says it will continue to focus on its existing business priorities
Payments company did not attend meeting for participants in mooted digital currency
Company rejects claims backers including Visa and Mastercard are reconsidering involvement
Alexa, I’m not in the mood.
ICE introduces deliverable futures, and crypto crashes.
Too many projects started with the technology rather than the solution
Technical debate previously confined to research papers has now become an urgent matter
David Marcus says Libra is an “instrument of development” that will (somewhat paradoxically) allow Western nations to preserve their influence.