US regulators issue warning to banks on crypto exposure risks
Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
What are the benefits of blockchain in financial services?
With the rise of new digital technologies that are disrupting the financial market, what benefits does blockchain offer?
Central Bank Governors endorse limit on crypto asset bank exposure
The Group of Central Bank Governors and Heads of Supervision (GHOS) has endorsed a finalised prudential standard on banks’ cryptoasset exposures.
CBDC whitepaper unveiled by Indonesian central bank
Bank Indonesia, Indonesia’s central bank, has released a whitepaper that underlines plans for its central bank digital currency (CBDC).
Is 2023 the year of Bitcoin’s death?
A blogpost by European Central Bank representatives has remarked that the current turmoil being seen in the crypto markets is ‘Bitcoin’s last stand’.
France and Luxembourg conclude CBDC project
The central banks of France and Luxembourg have finished an experimental CBDC project to settle a €100m digital native bond, claims Finextra.
ISDA to publish crypto derivatives draft standards by end of 2022
The International Swaps and Derivatives Association (ISDA) is planning to publish its initial set of standards and definitions for the OTC crypto derivatives market by the end of 2022.
BIS Innovation Hub unveils new CBDC prototype
The Bank of International Settlements (BIS) Innovation Hub’s Swiss Centre has launched a new project as a prototype CBDC.
New York Fed, MAS link to explore wCBDCs for cross-border payments
The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
MEPs approve new stricter cybersecurity rules
New rules requiring EU countries to meet stricter supervisory and enforcement measures as well as harmonising sanctions have been approved by MEPs.
