Fintech
Stop calling them ‘CBDCs’, ECB paper argues
Study says the term, and much other crypto terminology, is misleading and should be binned
Fintechs more likely to be licensed in upper-middle income countries
Licence issue rate across central banks broadly unchanged year on year
Cyber, suptech and CBDCs are top areas for fintech research
Central banks with fintech strategy more likely to prioritise CBDCs
Cyber security and legacy systems still greatest technology challenges
But concerns differ by central banks’ CBDC mandate
Central banks lacking fintech unit less likely to have a strategy
Respondents’ strategic priorities include digitalisation, regulations, collaborations and others
Four in five central banks lack chief fintech officers
Centralised fintech teams more likely to have chief fintech officers
Congressional body questions Fed’s powers to regulate crypto
Banks can currently provide exposure to sector, but not custody, as exchange seeks partnership
India’s government to re-evaluate crypto stance
Minister suggests it may adopt softer position than central bank
Google study shows cyber threat actors’ increased use of AI
Content campaigns identified in Russia, Iran, North Korea and China
Fintechs launch e-rupee services
Initiative follows RBI’s announcement last year that CBDC would be extended to non-banks
Czech governor wants central bank to add bitcoin to reserves
Michl to make proposal to CNB’s board, while recognising cryptocurrency “bubble” could burst
UK regulator says firms are under-reporting money mules
Financial companies cite challenge of establishing criminal intent
Trump says ‘no’ to CBDCs
Digital asset schism between US and eurozone widens
Bank Indonesia’s YouTube channel hacked
Hackers streamed bitcoin-related content before page was restored
Esma sets deadline for delisting non-compliant stablecoins
Providers have until end of March to fully comply with Mica regulation, European supervisor says
Trumps launch cryptocurrencies ahead of inauguration
Donald’s and Melania’s meme coins come as administration signals crypto-friendly regulatory stance
Nagel worried about giving bitcoin ‘government seal of approval’
EBA and Esma say EU adoption of decentralised finance is “lower than other developed economies”