FMI
DLT has ‘more potential for change’ outside US – Boston Fed VP
Jim Cuhna says distributed ledger tech can transform financial services not only in payments but also in securities settlement
CCPs say central bank access needed to avoid liquidity crisis
Uniform access to deposit accounts and overnight liquidity vital, say market participants
Fed’s Powell: banks still have important role in payments
Banks must be included in work on faster payments, says governor
Canada’s Project Jasper to explore clearing of securities in third phase
Central bank teams up with new partner for phase three of DLT project
US Treasury hands CCP resolution powers to FDIC
Mnuchin regulatory review explicitly refers to FDIC as receiver under a Title II resolution
Bank of Lithuania bans banks from virtual currency activities
Lithuanian financial firms must disassociate themselves from virtual currencies, says central bank
True potential of blockchain lies in cross-border transactions – Menon
Singapore is investigating two use cases of blockchain in the cross-border sphere
Research can help BoE keep pace with automation – Salmon
As algorithms continue to make markets faster, regulation will need to be adapted, says BoE director
Kuroda: future need not be fully centralised or decentralised
BoJ governor says both approaches to market infrastructure have pros and cons
Payments evolution will result in bank business model changes
Mid-sized banks will have to transform business models in order to remain relevant, says Swift
MAS working to keep crypto-currencies and ICOs under control
Authority is mulling how to respond to the growth of crypto-currencies and initial coin offerings
Race against time for fiat currencies – Lagarde
IMF managing director envisages digital currencies taking over in countries with “unstable currencies”
CPMI plans response to growth of wholesale payments fraud
Preliminary report outlines proposals designed to tackle security vulnerabilities in endpoints
Monetary Authority of Singapore courts Asia bond issuers
MAS aims to strengthen Singapore’s position as Asia’s fixed-income hub for bond issuers
Central banks will be using blockchain by 2019 – research
Study examines the pros and cons of central banks adopting blockchain
Uruguay’s digital currency pilot ‘close to launch’, says governor
Central bank initiative will allow public to access digital currency via mobile wallets
DLT not ready for retail payments – Bundesbank
German central bank says current retail payment systems are already sufficient to support fast transfers
BoE economist discusses danger of ‘virtual’ bank run
Faster payments and new technology allow customers to drain banks “instantly”, official says
Namibia weighs in on DLT debate
Central bank deems unregulated virtual currencies “unsafe”
Swift helps US real-time payments movement gain traction
The Clearing House will use Swift’s messaging software as “gateway” to new system
RBA payments board backs ‘digital identity’ for Australians
Board encourages payments industry to work on framework for online transactions
Digital currencies could transform the role of central banks – Chilean governor
Marcel is wary of developments with CBDCs, but believes they are still a long way off
IMF explores ways to increase profitability of Italy’s banking sector
The country’s financial sector is fragmented, recording higher operational costs than EU average
Belize launches next phase of payment overhaul
Cheque payments which would have taken up to a week will be processed within 24 hours under new system