Legal
Atomic settlement: a solution to cross-border payment woes?
Experts say simultaneous settlement has the potential to improve cross-border frictions – so why are central banks lukewarm?
Stablecoins could let US firms prioritise some creditors – study
FDIC may be on hook if a bank issues coins before failing, Cleveland Fed researchers say
Pacific series: PNG’s governor on 40 years at the central bank and her plans for its future
Elizabeth Genia speaks about reaching remote communities, FX, green finance and leadership
Commercial value must drive digital asset adoption – Mills
BoE’s executive director for FMI says bank will not pick winning token, ledger or business model
IMF approves El Salvador funds, despite bitcoin purchases
Institution granted waivers after government missed performance targets, including on crypto
Stress-testing Brazil’s credit co-operative safety net
Rapid growth in credit co-operatives has made a public test of FGCoop’s liquidity, replenishment and resolution capacity necessary, argues Gustavo Pessoa
ECB and BCB to explore linking Tips and Pix
Feasibility assessment could take a year or more before link is approved
Washington is guarding against the wrong dollar threat
Brics nations did not launch a common currency in New Delhi. The payment networks they are building may matter more
Kenya publishes draft national payment system policy and law
Payment ecosystem should draw on lessons from India and Brazil, National Treasury says
The OeNB’s Martin Kocher on the Eurosystem’s inflation outlook
The Austrian central bank’s governor speaks about ECB succession, forward guidance and eurobonds, as well as lessons from QE losses, access to cash interventions and Austria’s excessive deficit procedure
Venezuela in talks to move gold from London to New York
Any agreement should be accompanied by reforms such as central bank independence, lawyer says
Relying on ECB to fight inflation ‘no longer viable’ – paper
Researchers argue EU should co-ordinate with central bank to tackle ‘shockflation’
Central bank credibility not just about legislation – paper
NBER researchers say once independence has been granted, trust still has to be earned
MAS proposes changes to Singapore’s stablecoin regulations
Amendments would see multi-jurisdictional and foreign stablecoins recognised
Indonesian lawmakers approve Damayanti as BI governor
Parliament also confirms deputy governors, with formal appointments set for next month
EU foreign ministers renew prospect of Russian asset seizure
Letter acknowledges solution cannot place undue financial risks on any member state
Tariff-induced inflation pressure begins to recede in US – study
Lower effective levies are translating into slower consumer price growth, St Louis Fed researchers say
CFTC uses emergency powers to overturn prediction market ban
Temporary US-wide ban would make financial instruments “waste away”, chairman says
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
Bank Indonesia governor resigns unexpectedly
Central bank cites personal reasons for Perry Warjiyo’s departure as independence concerns mount
Institutionalising change: the challenge for Argentina
Martín Redrado sets out what is needed for a meaningful and resilient new ‘charter’ for the Central Bank of Argentina