11/17/2023 11:02:05 PM Europe needs its own SEC, says Christine Lagarde By Cristobal de Atucha Europe needs its own version of the US Securities and Exchange Commission and a unified stock exchange to raise enough money to meet the...
8/12/2022 5:35:47 PM Chinese municipal bank issues first digital yuan loan holding IP as collateral By Cristobal de Atucha China’s central bank digital currency (CBDC) pilot testing continues to onboard new use cases for the digital yuan. The country has now...
7/23/2021 11:49:11 AM India eyeing phased roll out of Central Bank digital currency By Carlos Alonso Torras The Reserve Bank of India is considering a “phased introduction” of a central bank digital currency as it will need legal changes to be...
7/9/2021 3:08:44 PM Brazil’s retail giant Magalu receives CADE, Central Bank approvals to acquire ‘Hub Fintech’ By Carlos Alonso Torras This makes Magalu a payment institution regulated by the Central Bank, integrated into the Brazilian payment system, and offering PIX,...
5/14/2021 5:19:12 PM Bahrain’s central bank to pilot digital dollar with JP Morgan and Bank ABC By Carlos Alonso Torras The three entities will test an instantaneous cross border payment solution, which will include the use of digital currencies. It will...
6/5/2020 6:17:38 PM Aussie Central Bank considers regulating e-payments fees By Carlos Alonso Torras The Reserve Bank of Australia is considering reducing the cost of electronic payments for merchants and consumers as COVID-19 makes...
6/3/2020 3:15:50 PM Brazil Central Bank has requests from 140 institutions to participate in new PIX instant payments system By Carlos Alonso Torras Deadline for joining the instant payment system is June 1, scheduled for launch in November. There will likely be a new opportunity to...
5/7/2020 5:17:05 PM Brazilian Central Bank foresees open banking in full operation at the end of 2021 By Carlos Alonso Torras Despite the pandemic's effect on the country, implementation will be carried out in four phases, until October 2021, with open banking...
4/29/2020 1:40:57 AM Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer By Carlos Alonso Torras The Central Bank of Argentina (BCRA) is testing a new blockchain-powered clearing system that could be used by some of the country's...
7/14/2017 1:47:27 AM Bank of England successfully tests a programme to synchronise transactions between 2 central banks By Gareth Jones The Bank of England has carried out a successful test of an “interledger” programme developed by Ripple. The test did not involve real...
7/7/2017 6:03:52 PM Central bank digital currencies: the asset-side limitation By Gareth Jones The FT Alphaville team and the Bank of England's blog dig into the complexities of Central Bank issued digital money. Both argue the...