Don't mourn for crypto: it's leaping back to life

Don't mourn for crypto: it's leaping back to life
Naysayers said cryptocurrencies were dead, but regulation could change that. (Image: Getty)
Warren Couillault
Not since Mark Twain have reports of a death been so greatly exaggerated. Calling something dead and buried is a fast and easy way to set yourself above the crowd as an expert. Even better when the thing you are pronouncing deceased rose from technological obscurity to a high-powered asset, made a few institutional investors and a multitude of armchair stockpickers very wealthy, and then collapsed. I am, of course, talking about cryptocurrency, that enigmatic asset class called by naysayers ‘rat poison’, ‘a Ponzi sch...

More Finance

Aussie fund manager Shaws buys Devon Funds
Finance

Aussie fund manager Shaws buys Devon Funds

The deal is the latest tie-up between Australian and NZ funds managers.

Staff reporters 24 Jun 2025
Extraordinary's pre-tax public transport perks for workers
Finance

Extraordinary's pre-tax public transport perks for workers

Wayne Brown has endorsed a new way for employers to cut commuting costs.

Oliver Lewis 16 Jun 2025
Lenders referring borrowers in trouble to non-profit services
Finance

Lenders referring borrowers in trouble to non-profit services

Financiers pushing KiwiSaver withdrawals rather than acting responsibly, advisers say.

Maria Slade 13 Jun 2025
Mainland Capital delivers $50m raise for Chch hospital expansion
Finance

Mainland Capital delivers $50m raise for Chch hospital expansion

The oversubscribed raise will help fund a new state-of-the-art private hospital facility.

Oliver Lewis 13 Jun 2025