Payments
Central bank communicators at a time of transparency
Specialists discuss the evolving roles of comms staff in the policy-making process
Custodia opens for business without Fed master account
Wyoming digital assets bank is continuing legal action against the US central bank
Cuba central bank official says cash shortage is ‘critical situation’
Banks struggle to meet demand as government tries to expand use of e-payments
Brazilian central bank outlines CBDC project
Drex is being developed on a distributed ledger platform with smart contracts
Economic impact of CBDC likely ‘negligible’ – Colombian paper
Economists at Central Bank of Colombia consider design choices and how they may affect the economy
Russia starts digital ruble trials
Sanctioned banks are participating in CBDC pilot
BoE’s RTGS system goes down for nearly six hours
Database problem prevented high-value payment system from opening at usual time
El Salvador’s central bank licenses Binance
Move comes despite growing international regulatory concern over crypto exchange firm
Bank of Canada’s Maryam Haghighi on quantum computing in central banks
The director of data science talks about post-quantum encryption, payments simulation and optimisation problems
PayPal launches US dollar stablecoin
Company will publish reserves report in September
When £1 is not £1
Gabriel Stein examines the risks from introducing a CBDC should its value diverge from that of physical currency and bank deposits
Nicaragua considers joining Mir network
Finance minister says Russian cards will overcome “aggression” of sanctions
Cambodian governor’s daughter succeeds him
Chea Serey is the first woman to lead the National Bank of Cambodia
MAS to replace corporate cheques with deferred payment system
Singapore will move to new system by 2025 amid falling usage and rising processing costs
Myanmar to release new top-denomination banknote
Note will commemorate white elephant, as opposition accuses government of monetary financing
The financial sanctions maze
Anyone affected by Russia-related sanctions knows patience and caution are strongly advised, writes Richard Heckinger
Banque de France says printworks are going ahead
Staff end strike as central bank agrees to appoint ergonomist to help in design of new plant
Eastern Caribbean will drop UK monarch from notes
Heads of government decide to place ECCU’s symbol on new series of notes
Digital yuan transactions growing rapidly, PBoC says
But Yi Gang notes prototype CBDC currently takes up a very small share of cash in circulation
Russia’s Mir cards now working in Venezuela
Russian payment cards advance in Latin America, but get sanctioned by Canada
Climate change: a new financial risk for central banks
Overcoming ‘analysis paralysis’ and the lessons in capturing climate-related financial risks on the Deutsche Bundesbank’s balance sheet
Cash for a very rainy, tremorous or lava-filled day
Are central banks well-positioned to keep cash flowing during natural disasters?
Book notes: Forks in the road, by C Rangarajan
A memoir by one of India’s most distinguished governors, who presided over the balance-of-payments crisis
Guillermo Avellán on BCE independence, capacity-building and dollarisation
Ecuador’s general manager speaks about bolstering legal autonomy, dollarisation, payments and gold production