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Articles on Financial services

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A halfpenny token issued by the Parys Mining Company of Anglesey in 1788. The hooded druid design was used for many years and was the first of hundreds of token designs. BrandonBigheart/Wikimedia

Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them

A Welsh mining company was the first to issue tokens to workers as an alternative form of payment.
The U.S. Federal Deposit Insurance Corporation seized the assets of Silicon Valley Bank on March 10, 2023, marking the largest bank failure since Washington Mutual during the height of the 2008 financial crisis. (AP Photo/Jeff Chiu)

Silicon Valley Bank’s failure: Could something similar happen in Canada?

Large Canadian banks are likely not at risk of bank failures, but history suggests smaller, more niche financial service firms could be.

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