News
ECCB digital currency suffers outage
Eastern Caribbean’s DCash disrupted by unspecified “technical issue”
Fed chair makes case for renomination
Powell needs 50 votes and may need at least three Republicans to side with his reappointment
People: BIS names chair; IMF appoints chief economist
De Galhau to chair BIS top governance body; international macroeconomist to lead IMF research; Bank Negara Malaysia appoints MPC member
Biden nominates three to Fed board
Republican senator signals likely opposition to president’s pick for top supervisor
Croatian central bank denies allegations against governor
Financial supervisor is investigating media claims of insider dealing by central bank staff
Bitcoin’s carbon footprint rises with prices – DNB research
Total carbon emissions produced by crypto assets rose by 25% in 2020, study finds
Bolivian authorities implement crypto ban
Central bank will enforce 2020 measure banishing virtual assets from payments system
RBNZ deputy governor leaves early over “breach of protocol”
Bascand talked about management restructuring with outside party
South Sudan central bank announces sharp fall in inflation rate
IMF credits exchange rate reforms with taming prices, while central bank cuts interest rates
BIS-SNB project links wholesale CBDC to core banking system
Project Helvetia’s second phase demonstrates integration of DLT with standard systems is possible
Lebanese PM denies shielding governor
Mikati denies claims he threatened to resign over investigation into Salameh
Benoît Cœuré to lead French competition authority
BIS Innovation Hub chief and former ECB executive set to return to Paris
Bahamas prepares to phase out cheque payments
Central Bank of the Bahamas continues to push digital transformation
Nagel warns high inflation could last longer than expected
New Bundesbank president says monetary policy should monitor climate change risks
Romanian MPC hikes rates again
National Bank of Romania warns of considerable uncertainty over future inflation levels
West African central bank freezes Mali assets
Regional authorities demand Malian military government hold elections as scheduled
Fed’s Clarida resigns after latest trading revelations
Vice-chair departs 17 days early after new disclosures about equities sales
ECB may have to act over energy prices, Schnabel warns
Transition to lower-carbon economy may boost inflationary pressures, says ECB board member
Joint CBDC project highlights promise of interoperability
Banque de France, HSBC and IBM find different technologies can still work together
People: Brazil’s Campos Neto comes down with Covid
Acting governor in Lesotho; Auer to head Eurosystem Innovation Hub; and more
Down but not out: US Libor trading continues amid ban
Outgoing rate hits market share lows in US swaps but little dent made in listed markets
Kazakh central bank suspends banking operations
Deputy chairman says banking will resume when situation is “stabilised”
Fed’s Clarida reveals large pre-pandemic equities trades
Departing vice-chair files amended disclosure forms, reigniting criticism of Fed leaders
Argentina raises rates for first time since 2020
BCRA raises benchmark rate 200 basis points, as IMF talks continue