One of China’s biggest bitcoin exchanges recently stopped trading after regulators ordered all digital currency exchanges to close — demonstrating traditional institutions’ nervousness about distributed trust technologies. In this 2013 photo, a staff member at Bitcoin mining company Landminers in southwestern China checks a computer used for that purpose.
(Chinatopix via AP)
The development of distributed trust technologies is making traditional institutions like banks, corporations and governments nervous. Those who have power like to hold onto it. What's next?
APRA chairman Wayne Byres says the inquiry will provide the CBA with change recommendations.
The APRA inquiry puts the regulator in the tricky position of trying to be seen to be tough on bank scandals but juggling its close relationship with the government and the CBA.
What has been lost in stating the case for South Africa's credit rating is a tangible plan for strengthening governance and regulation of its state owned enterprises.
A whirlwind of speculation about Deutsche Bank’s health has surrounded its headquarters in Munich.
AP Photo/Michael Probst
Is the financial system headed for another 'Lehman moment'? Perhaps, but a bailout isn't the solution. More capital is, something Trump should remember as he rewrites U.S. bank rules.
Mega companies have managed to make themselves the center of regulators’ world.
Alex Milan Tracy Sipa via AP
AT&T's planned merger would add to a growing list of mega deals that have not only harmed consumers and exacerbated inequality but also undermined our democracy.
Energy network owners are frequently using legal battles to draw out the regulatory process.
Generators, retailers and consumers should be central to regulating utilities because network operators are gaming the system.
Africa faces high data costs but it does not deter Africans from using the internet.
For millions of South Africans, access to data for the internet is a luxury.
On the retreat. Hedge fund manager Steve Cohen.
A US judge has approved a US$1.2 billion settlement and accepted a guilty plea by hedge fund SAC Capital in what has been described as the largest insider trading settlement in the country’s history. Eight…