Payments
Brics governors announce central bank capacity-building hub
Focus will be on sustainable finance, cyber security and AI
MAS proposes changes to Singapore’s stablecoin regulations
Amendments would see multi-jurisdictional and foreign stablecoins recognised
Anchor tokenisation in central bank money, says BIS’s de Cos
General manager uses Jackson Hole speech to champion tokenised deposits and reserves over stablecoins
Colombian reserve requirements impact settlement timing – paper
Cut contributed to ‘pronounced shift’ towards late-day settlement, authors say
Book notes: The almighty dollar, by Brendan Greeley
The history of the currency that came to be ‘the dollar’ is the centrepiece in an otherwise confused book
How credible is Venezuela’s debt restructuring?
Aggressive timetable and lack of IMF involvement raise feasibility concerns for restructuring up to $240 billion of debt
Financial inclusion improving in Tajikistan, says World Bank
Country head says institution’s partnership with central bank is also improving corporate governance
Visa joins MAS’s Bloom
Payments router announces participation in multi-currency tokenised deposit and stablecoin project
Leonie Dunn on Namibia’s technological advances
Deputy governor reflects on instant payments launch and digital transformation at the central bank, against a challenging macroeconomic backdrop
Syria adopts electronic payment system
Central bank says move will eventually aid country’s reintegration into global financial system
People: BoJ payments chief to join IMF
Plus: Australia appoints new monetary policy board member; Harrison to head comms at BoC
ECB flags risks to cash despite rise in acceptance
Central banks should take active role in preserving cash, spokesperson says
India extends programmable CBDC welfare scheme
Government hails e-rupee food initiative as “proof of concept for the nation”
Brics in talks to link CBDCs and payments, says RBI governor
Central Bank of Brazil hunkers down on integrating Pix with other fast payment systems
PBoC appoints Deutsche Bank as a renminbi clearing bank for Europe
China’s central bank reiterates pledge to internationalise RMB as part of its five-year plan
Central Bank of Brazil delays crypto transfers to fight fraud
Latin America’s largest economy targets stablecoins after Trump’s tariffs against Pix
China and Kazakhstan to link CBDCs
Central bank agreement includes currency swap and linking interbank payments systems to settle in national currencies
Germany sees surge in €100 fakes amid overall counterfeit decline
Deutsche Bundesbank says overall levels of forged money remain low
Sarb governor outlines cautious stance on technological change
Kganyago sets out opportunities and risks of AI and stablecoins as Sarb marks 105th anniversary
Mampho Modise on payments reforms and the hierarchy of money
Sarb's deputy governor discusses conflicting crypto directives, wholesale CBDC plans, expensive remittance and a Brics gold-backed settlement unit
Book notes: Money: the inside story, by Rupal Patel and Jack Leslie
BoE’s latest explainer provides an entertaining and accessible guide to finance