Fintech
GFTN’s Maha El Dimachki on the tech forces facing central banks
Tokenisation, AI and quantum are converging as global financial corridors evolve
Bank of Korea reveals staff data was hacked this year
Contractor notified central bank a month after employees’ personal details were compromised
Mamerto Tangonan on the Philippines’ glocal digital ecosystem
Deputy governor shares insights on the nexus of wCBDC and digital sovereign bonds, multilateral payments governance and 'smart' global trade
EU central banks want more sovereign bonds in stablecoin reserves
Micar review proposals include severing crypto interdependence with rival banks
BIS economists take aim at crypto industry data
Central banks should consider blockchain stats ‘noisy approximations’ of actual economic activity
ECB launches Pontes and prepares to invest in tokenised securities
Bundesbank onboarded as market participant to trade tokenised assets settled in central bank money
US Clarity Act fails again in Senate
Democrats win over Republicans to oppose Trump-backed crypto bill
Japan’s CBDC pilot far from ready for mass adoption – BoJ
Central bank says building digital currency for public use will be much harder than testing
Brics governors announce central bank capacity-building hub
Focus will be on sustainable finance, cyber security and AI
BoK finds market infrastructure rules affect stablecoin and FX moves
Access to FX and crypto markets bears on won internationalisation efforts
Bailey warns AI could crash global financial system
FSB chief warns of cyber security risks and threats from leveraged investments in technology
MAS proposes changes to Singapore’s stablecoin regulations
Amendments would see multi-jurisdictional and foreign stablecoins recognised
Podcast: Quantum and the Fed
The Fed's quantum computing strategy as AI accelerates Q-day
Anchor tokenisation in central bank money, says BIS’s de Cos
General manager uses Jackson Hole speech to champion tokenised deposits and reserves over stablecoins
Visa joins MAS’s Bloom
Payments router announces participation in multi-currency tokenised deposit and stablecoin project
Over 90% of Japan’s financial institutions use GenAI – BoJ
Most tell central bank survey that technology is usable but needs improvement in all areas
AI productivity shock may pull inflation up or down – BoE blog
Sectoral origin and speed of change will be key factors, economists find
US agencies propose crypto rules after Clarity Act stalls
SEC plans would exempt firms from some securities laws
Transforming modern supervision: Three forces reshaping regulatory practices
Financial supervisory authorities are increasingly leveraging cloud-native infrastructure, granular data, and AI-enhanced oversight to transition towards a more data-driven and forward-looking approach to supervision
India extends programmable CBDC welfare scheme
Government hails e-rupee food initiative as “proof of concept for the nation”
Brics in talks to link CBDCs and payments, says RBI governor
Central Bank of Brazil hunkers down on integrating Pix with other fast payment systems