Legal
Paraguay’s central bank credibility ‘in crisis’ over Ueno
Experts raise questions over institution’s supervisory actions and its ties to collapsed digital lender
Gambia’s central bank criticised over expat staff policy
Nigerian diaspora organisation calls for reversal of plan to replace non-Gambian employees
Central bank money and private payments must co-exist – CPMI
BIS committee sets out four policy roles for monetary authorities as payments landscape evolves
Podcast: Should smart contract code be law?
As the worlds of decentralised and centralised finance collide, how should trust on blockchains be built and what happens when it breaks down?
The risks and returns of ever-expanding swap and repo lines
Increase in central bank swap agreements and repo facilities should help to counter future liquidity squeezes. But the proliferation is fraught with political risk
Singapore touts trust and neutrality to win central bank gold
MAS and SBMA believe there is room for multiple gold hubs; play down competition with Hong Kong
Paraguay’s central bank rebuffs bank supervision criticism
Several politicians have called on BCP leadership to resign over supervision of Ueno Bank
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?
CBN faces lawsuit over $1bn of allegedly misappropriated funds
NGO demands explanation for more than $6.23m in alleged election-related fraud
Syria clamps down on unlicensed exchange and transfer activity
Central bank and interior ministry issue 755 warnings following field inspections
Trump sets up committee to investigate Cook
Courts had previously ruled US president had not followed due process in trying to fire Fed governor
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