Fintech
HKMA wants lenders to accelerate post-quantum planning
De facto central bank to unveil preparedness index, among other future-proofing tech initiatives
BdF governor and Coinbase CEO clash over stablecoins at Davos
De Galhau warns of ‘full dollarisation’, while head of crypto exchange heralds dawn of ‘bitcoin standard’
Iran using Tether’s stablecoin to bypass sanctions, report finds
Central bank thought to be using USDT to buy rial on crypto exchanges as domestic currency plummets
India proposes linking Brics countries’ CBDCs
Bloc, which has already committed to improving payments interoperability, faces geopolitical challenges
Trad-fi ethereum adoption creates regulatory dilemma – study
Collapse in price of ether could trigger validator exodus from blockchain, Bank of Italy paper says
Trump crypto startup inks stablecoin deal with Pakistan
Central bank will integrate World Liberty Financial’s USD1 into country’s payment system
Academics call on European Parliament to back digital euro
Signatories of open letter say CBDC is vital to ensure Europe is not reliant on US payment providers
Private credit to play bigger role in AI boom – BIS study
Hidden leverage may dispel notion that sector poses only moderate stability risks, authors say
Households ‘open’ to digital euro regardless of holding limit – ECB
Customers would only allocate €500 of €10,000 gift into digital euro, study finds
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
World’s largest CSD moves to tokenise Treasuries
DTCC subsidiary with $100 trillion under custody to partner with Digital Assets’ blockchain
Austrian authorities to co-operate on cyber security
Central bank signs accord with ministry and financial regulator to strengthen collaboration
BIS tests tokenised FX settlement in instant cross-border payments
Minimal tech upgrades proposed to link central bank money on DLT across Europe and Asia
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