Tokenisation
IMF’s Adrian says tokenised finance needs public backstops
Fund’s director says singleness of money is crucial to maintain financial stability
Financial services: Citi
The US bank has striven to provide clients with high-level advice as well as service breadth, technical expertise and execution
ECB reveals longer-term DLT strategy
Bank to focus on building ‘entirely innovative and integrated’ tokenised asset ecosystem
Officials deny geopolitical fears driving UK payments upgrade
US card payments providers Mastercard and Visa will participate in industry meeting today
BoE to assess eligibility of digital gilts in monetary operations
UK set to become first G7 country to issue sovereign bonds on DLT
BNM selects firms for tokenisation and stablecoin pilots
Malaysian institutions to test wholesale payments and tokenised asset settlement
China says tokenisation illegal under existing framework
PBoC and agencies update 2021 crypto guidelines to place restrictions on real world assets
HKMA wants lenders to accelerate post-quantum planning
De facto central bank to unveil preparedness index, among other future-proofing tech initiatives
BdF governor and Coinbase CEO clash over stablecoins at Davos
De Galhau warns of ‘full dollarisation’, while head of crypto exchange heralds dawn of ‘bitcoin standard’
Trad-fi ethereum adoption creates regulatory dilemma – study
Collapse in price of ether could trigger validator exodus from blockchain, Bank of Italy paper says
Collateral velocity is disappearing behind a digital curtain
Dealers may welcome digital-era rewiring to free up collateral movement, but tokenisation will obscure metrics
CBDCs versus instant payments
Are technological and ecosystem advances using CBDCs and instant payments complementary or substitutes?
Renato Gomes on Pix, Drex and digital asset regulation
Brazil’s deputy governor speaks with Christopher Jeffery about pros and pitfalls of open finance, financial inclusion and crime on Pix, and the need to sideline DLT for Drex phase 3
World’s largest CSD moves to tokenise Treasuries
DTCC subsidiary with $100 trillion under custody to partner with Digital Assets’ blockchain
Norway’s central bank latest to disavow CBDC
Currency would not be ‘appropriate’ to maintain krone’s monetary sovereignty, Norges Bank says
IMF has no mandate for SDR stablecoin, says Tobias Adrian
Fund’s capital markets head says backstops are also crucial if instruments are to live up to their name
Taiwan’s Yang says central bank money remains global ‘anchor’
Governor says it is still ‘ultimate settlement asset’, notwithstanding development of tokenisation
Japan will not implement Basel crypto regs by 2026, says FSA
Regulator cites country’s limited exposure to digital assets as reason for not meeting deadline
BoE, MAS and BoT to test synchronised FX settlement
Project will use ‘synchronisation operator’ to achieve atomic settlement
MAS to issue tokenised bills and draft stablecoin law
MD says Singaporean banks completed first CBDC interbank overnight lending settlement
Stablecoins should be tightly regulated – HSBC exec
John O’Neill says lender’s views on the assets are aligned with those of central banks