Payments
More repatriated income does not always stabilise FX – BoK study
Paper recommends improved monitoring of foreign currency supply and demand
Fed will ‘follow the law’ and ‘the data’ – Warsh
Chair tells Congress his aim is to keep US central bank out of politics
ECB’s T2 suffers second ‘incident’ as Euronext reports outage
Euro and krone T2 settlements queued for 30–40 minutes following system update last month
Tokenisation: making space for financial inclusion and consumer protection
Manoj Singh says potential benefits of tokenisation are being overlooked
Asean’s expanding and evolving swap lines
The Asian trade bloc – with and without China, Japan and South Korea – wants to strengthen emergency liquidity support
EUR vs USD stablecoins is the wrong debate
Market structure and regulatory cohesion is at the centre of the stablecoin liquidity evolution, says Flow Traders’ digital assets head
Elizabeth McCaul on the need for resilience in cyber security
Former ECB official explains why response preparedness is more important than predicting attacks
BoE publishes approach to joint stablecoin regulation with FCA
Framework sets out path for stablecoin issuers facing oversight from two regulators
Monetary split deepens in Sudan as new banknotes circulate
Expert says rebel forces may be printing their own version of national currency
Mervyn King on his career and big ‘mistakes’
The former BoE governor speaks with Christopher Jeffery about the value of transparency, lessons from the GFC, the need to track broad money and tie short-term funding to haircut collateral, and danger presented by non-banks
PBoC designates RMB clearing banks for Indonesia and Africa
Bank of China (Hong Kong), ICBC and Standard Bank to operate services for Chinese currency
SBP finds digital payments make up 92% of retail volumes
Mobile banking and e-money wallets dominate Pakistan’s digital payments landscape
RBI and Myanmar central bank discuss swap line
Indian ambassador meets with Burmese governor to discuss payments co-operation
Payments Benchmarks 2026 – model banks analysis
Additional data breakdowns reveal different approaches to payments across cohorts
Iceland joins Eurosystem’s Tips
Króna to become fifth currency compatible with instant payments settlement system in 2028
Digital euro passes European Parliament’s first hurdle
Economic and monetary committee’s rapporteur says CBDC will ‘never replace’ cash
Tokenisation should be built into the two-tier system – BIS
Stablecoins not necessary for fast payments and programmability, institution says
Payments Benchmarks 2026 – executive summary
Benchmarks show continued efforts to upgrade systems in search of better cross-border payments
US and China advance rival digital asset policies
US bans retail CBDCs until 2030, while PBoC official calls for co-ordinated stablecoin regs
Nigeria should allow stablecoin innovation but manage risk – IMF
Institution sets out four steps to manage surging adoption of assets
Barry Eichengreen on the evolution of the global monetary order
The US monetary expert speaks to Thomas Chow about similarities between the dollar and 18th century Dutch money and why Washington has bet on the ‘wrong horse’ with private stablecoins
Payments Benchmarks 2026 report – upgrades and alignment
Many payments upgrades are in the pipeline as central banks look for efficiency and interoperability
More than $1.4tn of daily FX trades face Herstatt risk – BIS study
Only around a third of transactions fully eliminate settlement risk by using PvP
Uganda announces next step towards ‘cashless’ society
Central bank says limits on withdrawals are part of strategy to fully ‘digitise’ payments system