Introduction -- Private lending market: historical evolution and operating mechanism -- The private lending crisis : cause, effect, and risk -- The legal framework of private lending -- Regulating private lending : rationale and practice -- The future of private lending -- Conclusion.

In this article, the author tracks developments in bitcoin trading and considers regulatory responses.Key Points:● 2017 has witnessed a so-called bitcoin bubble, as entrepreneurs and professional investors rushed into the market to take a bet on the upcoming cryptocurrency age. The price of a...

In response to the rapid rise of privately-issued cryptocurrencies (e.g. Bitcoin, Ethereum, and Diem), global central banks have been leveraging on fintech to roll-out state-backed Central Bank Digital Currencies (CBDCs) to modernise the fiat money system. China is one of a few major economies...

The financial industry has witnessed the so-called “fintech revolution” in recent years. Due to the emergence of information technologies such as cloud computing, big data, blockchain and artificial intelligence, the landscape of the traditional financial industry has been largely...