Blockchain
Nigeria CBDC uptake ‘disappointingly low’ – paper
The e-naira is technically sound, but actual use is negligible, says IMF study
UK regulator and police raid crypto ATM sites
There are no legally registered crypto ATMs in the UK
Fintech Benchmarks 2023 – presentation
Specialist Joasia E. Popowicz discusses CBDCs, cyber security, AI/ML in regtech, suptech and cloud computing
Decentralised finance is here to stay
Whatever happens to cryptocurrencies, tokenisation is the future
US Treasury releases defi risk assessment
Lax adherence to AML/CFT requirements allows criminals to launder money
FSB outlines crypto and defi risks to financial stability
Future work will map “oracles”, “bridges” and other links with traditional finance
BoE’s Cunliffe details ‘familiar’ failings at FTX
Deputy governor says crypto assets need to be regulated
NY court orders world’s largest stablecoin issuer to prove reserves
Defendants accused of crypto market price manipulation
(Un)stablecoins and central banks
Time to tackle stablecoin structures and support mechanisms
Officials urge narrow focus as CBDC use cases proliferate
Communication and financial inclusion are critical concerns, Summer Meetings panellists agree
MAS launches asset tokenisation and DeFi project
First pilot on bond transactions will involve state-owned firms and JP Morgan
Book notes: The future of money, by Eswar S Prasad
Prasad’s book is the best on the topic so far, providing the most complete description of issues and factors that will shape the future of money
Tech talent: a global bottleneck for central banks?
Central banks are struggling to recruit people with the right fintech expertise. The search for talent may also create new ethical challenges in managing links to industry
MAS crypto regulatory powers extended
New bill brings virtual asset providers under AML/CFT regulation
Central bank of the year: Bank of Korea
South Korea’s central bank was the first developed-world central bank to tighten policy to address inflationary risks
Markus Brunnermeier on the need for CBDCs
The Princeton academic co-authored a paper for the European Parliament exploring the potential pitfalls of CBDCs. But they are still needed, he says
Machine learning and NLP top regtech tools
Micro-prudential reporting and risk assessment are main regtech applications
Podcast: fixing the gaps in fintech laws
Fintech is reshaping the nature of contracts and even financial firms themselves, but laws are not adapting so fast, say IMF lawyers José Garrido and Juan Sebastián Viancha Trujillo
Pilot CBDC outage due to expired certificate, ECCB says
Blockchain network requires update before digital currency can come back online
Indian government directs RBI to issue CBDC
Central bank told to prepare to issue the digital currency in 2022 and 2023
Eastern Caribbean digital currency remains offline
DCash has been shut down since January 14, as firm says it has “identified problem”
ECCB digital currency suffers outage
Eastern Caribbean’s DCash disrupted by unspecified “technical issue”
Joint CBDC project highlights promise of interoperability
Banque de France, HSBC and IBM find different technologies can still work together
Jamaica prepares for national CBDC launch
Country is in the vanguard of digital currencies as it begins its national launch this quarter