Distributed ledger
The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0
The ECCB governor speaks with Christopher Jeffery about maintaining a currency zone, addressing climate and cyber risks, the decline in correspondence banking and lessons learned from issuing a retail CBDC
SNB to launch live wCBDC pilot in December
ECB’s wholesale digital euro exploratory work will start in 2024
BIS wraps up cross-border CBDC trial
Project Mariana explored FX settlement using ‘automated market-makers’
A ‘unified ledger’ and the future of money
Blueprint set out by the BIS staff raises plenty of questions about the 'singleness of money'
Hungary’s gamified CBDC pilot designed for children
Student Safe project is the first live retail CBDC pilot in Europe
SEC targets NFTs in enforcement action
Two commissioners dissent from first SEC action against NFT issuer
Brazil’s CBDC to improve access to ‘intelligent financial services’
BCB expected to launch digital currency in 2024
Nigeria CBDC uptake ‘disappointingly low’ – paper
The e-naira is technically sound, but actual use is negligible, says IMF study
European Council adopts Mica regulation
Crypto legal framework covers issuers and service providers but not defi
BoE and BIS test synchronised DLT settlement
Prototype leaves open legality of digitised asset transfer
Decentralised finance is here to stay
Whatever happens to cryptocurrencies, tokenisation is the future
Fed warns banks on crypto exposures
Regulators cite “lack of maturity and robustness” in crypto firms’ risk management
BoE’s Cunliffe details ‘familiar’ failings at FTX
Deputy governor says crypto assets need to be regulated
Ukraine: the challenges for central banks
Rules on the weaponisation of money would help to protect a ‘public good’ amid geopolitical splits in a testing environment for central banks, write Gavin Bingham, Paul Fisher and Andrew Large
Book notes: The Fed unbound, by Lev Menand
This book highlights need for charter-like oversight of shadow banking sector
RBA hits out at further delay to new clearing system
Blockchain-based system for Australian Stock Exchange won’t be operational until at least late 2024
MAS to consult public on regulating stablecoins
Chairman says central bank will consider reserve requirements for stablecoin issuers
Basel Committee proposes capital add-ons for crypto exposures
Committee tightens proposed rules in several areas following high-profile crypto failures
Danish central bank sceptical on retail CBDC
Report says existing payment systems offer similar benefits, but case for CBDC could change
BIS: the future of money is not crypto
Hyun Song Shin lays out vision of payments innovation backed by CBDC
Payments oversight more difficult in poorer nations
Lower income central banks more likely to feel they need more resources
Many central banks plan RTGS upgrades in coming year
Over 80% expect to renovate systems within five years
Riksbank reports on e-krona pilot’s performance
Pilot CBDC can integrate into payments systems, but met potential AML and performance problems
BoE’s Cleland calls for innovation in wholesale payments
Wholesale payments suffer from inefficiencies despite being critical to financial stability, official says