Money

Word of the Day: Fiduciary

A fiduciary is legally bound to act in another party’s best interest. Fiduciary duty is the highest standard of care in law and ethics. Roles

Money

JPM Coin vs. Stablecoins: Why Bank Tokens Are Shrinking the Market Cap

This comparison highlights why institutional money might flow more readily toward JPM-Coin, reducing demand for some public stablecoins. Key Implications for the Crypto Market The

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London Stock Exchange Group Launches DiSH for 24/7 Onchain Cash Settlement

The London Stock Exchange Group has rolled out a new digital settlement service to bring commercial bank money onto blockchain rails. The service, called Digital

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Why is Winston Churchill on the new plastic five pound note and when did the old paper one stop being legal tender?

BACK in September 2016 the new plastic five pound note was released, sparking a flurry of media attention on the great British currency. The sturdy bank

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Gold Vs. Paper Money: Production Cost Is A Good Indicator Of Real Value

The U.S. Treasury printed another $243 billion worth of paper money in 2018, with the majority being issued as $100 Federal Reserve Notes. What’s interesting

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What every modern investor should understand

In a world where innovation continuously reshapes the financial landscape, understanding the difference between fiat currency and cryptocurrency has become increasingly essential. These two forms

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Elon Musk suggests AI will make work ‘optional’ and money irrelevant

Tech mogul Elon Musk suggested Wednesday that work will become “optional” in the future as AI continues to develop. The billionaire offered the bold prediction when

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What’s the Carbon Footprint of Fiat Money?

Critics of Bitcoin like to compare its carbon footprint to a transaction on your Visa card, ignoring the environmental impact of the infrastructure that sustains

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Europe Says Digital Money Will Not Disrupt the Monetary System

According to Panetta’s statements, recent geopolitical tensions show risks in Europe relying on U.S. firms for most digital payments. He pointed to companies such as

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Elon Musk says he supports cryptocurrency in a ‘battle’ with fiat money, like government-backed coins and bills

Tesla CEO Elon Musk tweeted his support for cryptocurrency over fiat money on Saturday. Bitcoin rose shortly after Musk’s tweet. Musk has a history of