News
US agencies propose crypto rules after Clarity Act stalls
SEC plans would exempt firms from some securities laws
People: BoJ payments chief to join IMF
Plus: Australia appoints new monetary policy board member; Harrison to head comms at BoC
UK has a new prime minister, but the same fiscal woes
Debt, spending and bond markets present challenges for Burnham and BoE, say former MPC members
ECB finds gaps in geopolitical stress-testing frameworks
Current methods fail to properly capture impact of geopolitical stress on liquidity
SNB welcomes ‘too big to fail’ reforms
Switzerland moves to close Credit Suisse-era gaps with new banking regulations
Kenya, Mauritius, Namibia and Uganda all hold rates
Expert says El Niño weather event likely to drive greater rate variability in 2027
Argentina eases bank dollar lending to companies
Authorities roll back post-2001 guardrails in effort to boost credit and economic growth
Peru holds rates for eleventh time in a row
BCRP highlights risk of escalating conflict in Middle East and more severe El Niño on inflation
ECB flags risks to cash despite rise in acceptance
Central banks should take active role in preserving cash, spokesperson says
India extends programmable CBDC welfare scheme
Government hails e-rupee food initiative as “proof of concept for the nation”
Venezuela seeks gold return from BoE for earthquake recovery
Interim government and opposition agree to “concentrate efforts” to retrieve reserves held in London
CFTC uses emergency powers to overturn prediction market ban
Temporary US-wide ban would make financial instruments “waste away”, chairman says
Former PBoC governor and Chinese premier Zhu Rongji dies
Leader praised by CCP and Hong Kong leaders for role in reforms and financial stability
Croatian central bank website cloned in scam operation
Fabricated “national financial access programme” offers fake handouts
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
Trump downplays reports of regular calls with Warsh
Talks between president and Fed chair have precedent, but frequent communications would be unusual, economist says
Central Bank of Libya governor resigns
Naji Issa’s resignation comes as Libyan dinar remains under intense pressure
PBoC appoints Deutsche Bank as a renminbi clearing bank for Europe
China’s central bank reiterates pledge to internationalise RMB as part of its five-year plan
RBA remains on hold and says inflation still too high
Economists predict interest rates in Australia will stay put until mid-2027
Trump renews push to sack Fed governor Lisa Cook
White House formally notifies Cook of possible dismissal, and gives governor until August 26 to respond
National Bank of Romania holds rates amid political instability
Board votes to keep policy rate at 6.5%, extending two-year hold