Cryptocurrency
Court ruling sows confusion over crypto’s status in South Africa
Judge’s decision that bitcoin ‘is money’ directly contradicts verdict in ruling last year
High-value notes: default money for criminals?
Some experts say the notes are a boon for felons, and that central banks should stop issuing them
Geopolitical shifts and the evolution of reserve management: adapting to a new reality
How great power rivalry affects central bank portfolios by the Central Bank of Brazil’s Ricardo da Costa Martinelli
Trends in reserve management 2026: survey results
101 central banks, responsible for $9.5trn+ reserves, reveal exclusive data on FX interventions, if the US dollar is still seen as a safe-haven currency and approaches to investing in 20+ currencies
CNB governor: engaging with bitcoin does not mean endorsing it
Aleš Michl says bank’s digital asset ‘test portfolio’ is ‘not a political statement’
BIS paper sounds alarm on gaps in crypto intermediary regulation
International co-operation a challenge as expanded activities risk contagion, authors say
Financial integrity ‘the major concern’ with stablecoins – de Cos
Bespoke AML measures will be needed in case of wide adoption, says BIS chief
IMF paper examines how to make stablecoins more stable
Authors propose ways of reducing run risks without removing incentives for issuance
Crypto assets behave more like investments than money – study
Most owners are not using securities for payments and turn to cash in times of uncertainty
Retail CBDCs may not stop spread of stablecoins – SNB paper
Researchers argue access to central clearing would help boost singleness of money
Why Trump’s latest Truth should make TradFi twitchy
Wall Street is becoming the villain in US president’s crypto movie
Fintech Benchmarks 2026 report – the digital asset race
Benchmarks highlight divergent views on CBDC, stablecoins and tokenisation
China says tokenisation illegal under existing framework
PBoC and agencies update 2021 crypto guidelines to place restrictions on real world assets
Kazakh crypto fund to hold assets seized from criminals – report
Central bank to use hedge funds to hold confiscated digital assets on its behalf
Iran using Tether’s stablecoin to bypass sanctions, report finds
Central bank thought to be using USDT to buy rial on crypto exchanges as domestic currency plummets
Trad-fi ethereum adoption creates regulatory dilemma – study
Collapse in price of ether could trigger validator exodus from blockchain, Bank of Italy paper says
Trump crypto startup inks stablecoin deal with Pakistan
Central bank will integrate World Liberty Financial’s USD1 into country’s payment system
Bank notes: October to December 2025
A round-up of news and salient issues that have affected central bankers in the past three months
PBoC emphasises stablecoins are illegal in China
Bank reiterates virtual currency ban and says pegged assets fail to meet identity and AML requirements
Kazakhstan establishes crypto portfolio in reserves
Central bank says it could spend “up to” $300m from gold and FX income
Gold and bitcoin buys triggered Tether downgrade, says S&P
Agency explains why it gave world’s largest stablecoin its lowest rating for stability