Fintech
EU council gives digital euro the provisional green light
ECB says it is ready for 2029 issuance once parliament and council have given their final approval
Norway’s central bank latest to disavow CBDC
Currency would not be ‘appropriate’ to maintain krone’s monetary sovereignty, Norges Bank says
IMF has no mandate for SDR stablecoin, says Tobias Adrian
Fund’s capital markets head says backstops are also crucial if instruments are to live up to their name
Digital euro could reopen e-krona debate for Riksbank – Bunge
Swedish central bank to fully move to eurozone settlement system by 2030
Benchmarking AI in central banks – a question of creative destruction
Central banks are taking cautious steps towards adopting AI but have not prioritised research into its effects
Synchronisation can support tokenised securities settlement – BoE
But central bank says it is unclear whether it outperforms unified ledger
Sarb finds ‘no compelling need’ for a retail CBDC
Central bank pivots towards wholesale version while modernising national payments system
AI agents can manage liquidity, researchers find
BIS/BoC paper encourages policy-makers to lay groundwork for broader adoption in financial markets
Cash is the tender of last resort – panel
Officials at Central Banking Autumn Meetings discuss risks of long-term outages in era of digital payments
Japan will not implement Basel crypto regs by 2026, says FSA
Regulator cites country’s limited exposure to digital assets as reason for not meeting deadline
Confusion reigns over EU multi-issuance stablecoins regs
EBA seeking clarification from EC over assets’ legality after ECB’s and ESRB’s calls for ban
CBDC or fast payments can break up ‘walled gardens’ – BIS paper
Study of ‘competing digital monies’ finds public system could prevent fragmentation and rent-seeking
ECB planning to use law to make Apple give way on digital euro
Bank looking to use Digital Markets Act to enable people to hold CBDC on iPhones’ ‘secure element’
Brazil tightens crypto rules amid fears of capital outflow
Stablecoin transactions will be treated as FX operations under new central bank regulations
BoE proposes changes to systemic stablecoin regime
Breeden says aim is to ‘build trust’ as issuers no longer have to hold 100% of reserves at bank
HKMA-BCB trade finance link could be gamechanger, says expert
CBDC blockchain experiment has potential to boost global commerce, UN adviser tells Central Banking