Fintech
Interest-bearing CBDCs could solve welfare trade-off – IMF paper
Making CBDCs interest-bearing would avoid dangers to cash use or bank deposits
Singapore may allow trading in bitcoin-based derivatives
MAS opens consultation on proposal to allow trading of “payment token derivatives”
Consumer data must be handled ‘properly’ – FCA official
Firms must ensure they are using data “ethically”, FCA’s Mills says
FSI paper details ‘red team testing’
Paper sets out how the cyber-security tests are used in different jurisdictions
Crypto assets may force central banks into policy synchronisation
Paper examines the impact a global crypto asset would have on the “impossible trinity”
‘Digital identities’ could protect customer data – Carstens
BIS chief praises “impressive gains” made by Singapore and India in regulating data
BIS Singapore hub to focus on digital identities and regtech
Innovation hub launch marks first expansion of BIS’s “global footprint” in 17 years
Bundesbank’s Balz: consumers may be ‘trapped’ in big tech ecosystems
Big tech firms offer consumers convenience, but there are also reasons to worry, Bundesbank official says
MAS develops fintech information-sharing platform
Singapore partners with Canadian and French regulators
PBoC to rein in fintech firms after President Xi praises blockchain
Central bank will verify blockchain-compatible products
MAS develops multi-currency blockchain network
Prototype enables payments to be carried out in different currencies
ECB’s Löber: Facebook’s libra a “black hole” of legal certainty
But current global standards fit for purpose to underpin digital assets
What is behind China’s digital currency aspirations?
The PBoC sees CBDC as a means of riding the wave of digitisation, and potentially challenging the US dollar’s dominance, writes Hui Feng
Argentine central bank restricts crypto asset purchases
Central bank continues with measures to resist peso’s decline
UAE central bank launches fintech office
New office will take the lead on fintech strategy and roadmap
AML deadline prompts FCA to warn crypto firms
Regulator says firms must not mislead customers about regulatory status