Todd H. Baker is the managing principal at Broadmoor Consulting and senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School. Circle Internet is the issuer of USDC, one of the largest fiat-backed stablecoins in the world, with around $43bn in circulation. The company filed an … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Christopher Mahon is head of Dynamic Real Return in Multi-Asset Investing at Columbia Threadneedle Investments. Last month, FT Alphaville published our estimates that the Bank of England’s quantitative easing programme cost over 5 per cent … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief financial officer at Schroders Advances in a range of technologies have brought the investment industry to the brink of a major step into the future. The evolution of artificial intelligence, big … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK ministers are considering cutting the £20,000 tax-free cash Isa allowance but debating with City of London figures the level at which it should be capped, according to two people familiar with the situation. In … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Almost 600 years ago, when the Ottomans conquered Constantinople, they learnt the danger of imperial over-reach. In a bid to punish the European merchants they disliked, the Ottomans imposed fees and sanctions on … Read more
US share prices staged a sharp rebound this week on the announcement of a rapprochement between the US and China on trade barriers. By the time markets closed on Tuesday, the S&P 500’s losses since the start of the year had been wiped off. That followed news the US had cut proposed tariffs on Chinese … Read more
Hong Kong has been stepping up its attempts to become Asia’s prime hub for trading digital assets, including a series of new regulations to achieve its ambition of attracting global investors. The move comes as competition from the US and other countries in the Asia-Pacific region, led by Singapore, intensifies. Law practices in the Chinese … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US cryptocurrency exchange Coinbase has been targeted by hackers who stole customer data and demanded $20mn to prevent its public disclosure, the company said on Thursday. The group, which next Monday is set to become … Read more
