Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
Treasurers have long been frustrated by bureaucratic, protectionist rules from New Delhi; the latest reforms raise hopes the Modi government will deliver better.
Cross-investment in related enterprises, an opaque business model at the mercy of regulators and a netherworld of shadowy financial products, Anbang is a signal lesson in what to avoid in China.
China has given some conditional lifting to its suspension of net capital outflows from the cross-border renminbi cash pools in the country. But the criteria for firms eligible for the relaxation remain unclear.
Basel III proposals requiring banks to report intra-day liquidity will severely stifle correspondent relationships, but the infrastructure could be valuable to companies.