Africrypt is a South African cryptocurrency platform, headed by brothers, Ameer and Raees Cajee. In April, Ameer told investors that Africrypt was hacked and billions of dollars worth of Bitcoin was stolen. The Cajee’s asked their clients not to report the hack to the authorities, as this would supposedly slow down the recovery of the stolen funds. ...

Central bank digital currencies (CBDCs) offer in digital form the unique advantages of central bank money: settlement finality, liquidity and integrity. They are an advanced representation of money for the digital economy. Digital money should be designed with the public interest in mind. Like the latest generation of instant retail payment systems, retail ...

Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as “rat poison” or predicting it would be a temporary fad. Bitcoin, the world’s largest cryptocurrency, fell to a five-month low on Tuesday, extending losses from China’s deepening crackdown on mining and trading ...