#financial-system

The bitcoin network now handles more volume than PayPal
The bitcoin network now handles more volume than online payments giant PayPal, according to the latest data.
Challenging the 5 Cs of Credit: A Vision for Rematriating Capital - Non Profit News | Nonprofit Quarterly
Traditional underwriting uses capacity. Can they take on the debt capital? Do they have money?
And I hate this term-because it's often used in the financial system, "Do they have skin in the game?"
Xi Jinping calls for mutual Covid vaccine approvals
China's president, Xi Jinping, has called for mutual recognition of Covid-19 vaccines based on the World Health Organization's emergency use list, according to a transcript of his remarks delivered to leaders of the Group of 20 leaders' summit, published by the official Xinhua news agency.
Analysis | Stablecoins Won't Be So Stable, and That's Fine
Stablecoins have gone from an obscure corner of crypto to near the center of it.
CFPB goes after Big Tech data-harvesting practices with new orders
The Consumer Financial Protection Bureau has ordered six major U.S. tech companies to turn over information about how they harvest and profit from their users' payment data, signaling an aggressive approach to oversight of the financial technology industry by the federal government's foremost consumer watchdog.
Failure to hit climate targets is death sentence for Maldives, says minister
A failure to limit global warming could mean a "death sentence" for small island nations like the Maldives, including the end of their livelihoods and cultures, the country's environment minister said on Wednesday.
Bitcoin Just Hit an All Time High Price: $67,000
The price of Bitcoin hit an all time high on Wednesday, one day after the first Bitcoin futures exchange-traded fund (ETF) launched.
Crypto's growth could pose risks to financial system, Bank deputy warns
Cryptocurrencies are growing so quickly that soon a large fall in the cost of Bitcoin could have a knock-on effect on the wider economy, a top Bank of England official has said.
Analysis | Day Trading Isn't Fun When Stocks Stop Going Up
Since the onset of the Covid-19 pandemic, the boom in trading activity among retail investors has been stunning.
Hubris, Power and Equity in Silicon Valley: The Cult of We
You can find an excerpt of The Cult of We here, a good addition to read alongside the insights below.