Crypto winter highlights gold’s warming qualities

LONDON, Nov 25 (Reuters Breakingviews) – The crypto winter is bitterly cold. The frost set in earlier this year with the collapse of Terra, a digital token supposedly pegged to the U.S. dollar. The recent failure of Sam Bankman-Fried’s FTX exchange has further lowered the temperature. The aggregate market capitalisation of cryptocurrencies has shrunk by … Read more

Hong Kong’s crypto push sets up race to bottom

HONG KONG, Nov 22 (Reuters Breakingviews) – Few cities in the world have expressed a desire to throw open cryptocurrency trading to retail investors since the devastating collapse of Sam Bankman-Fried’s exchange. That puts Hong Kong in a league of its own. Its financial secretary, Paul Chan, effectively committed to pressing ahead with a plan … Read more

D.C. turf war opens crypto regulatory arbitrage

Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. Register now for FREE unlimited access to Register WASHINGTON, Aug 18 (Reuters Breakingviews) – Cryptocurrency ventures can divide and conquer Washington’s regulatory fiefdoms. The U.S. Federal Reserve staked out its turf this week, telling lenders to notify it if they offer services … Read more

Streaming next episode video: price war

A smartphone with the “Disney” logo is seen on the keyboard in front of the words “Streaming service” in this image illustration taken March 24, 2020. Sign up now for unlimited FREE access to List NEW YORK, August 9 (Reuters Breakingviews) – What a difference a year makes: Consumers have gotten off the couch; … Read more