Taiwan’s central bank said on June 29 that it has completed the second phase of its central bank digital currency (CBDC) trials. Yang Chin-Long, governor of the Central Bank of the Republic of China, said…
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The Dubai Financial Services Authority has announced the first set of firms to be granted innovation testing licenses (ITLs) under a new “cohort” framework, following “continued interest” from players in the market. According to a statement…
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A US and Iranian dual citizen has pleaded guilty in a US federal court to selling technology to the Central Bank of Iran. Kambiz Attar Kashani is facing up to 20 years in prison and…
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IMF calls for ‘modified pari passu clauses’ in new international sovereign bonds – Central Banking IMF cites Argentine litigation The International Monetary Fund’s executive board has thrown its support behind a staff proposal to overhaul…
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The governor of the Central Bank of Brazil said on June 27 that “the worst of the inflation has now passed” in his country. Speaking as part of a conference panel at the University of…
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In addition to increasing liquidity provisions and interest rate moves, central banks and regulators are doing their utmost to protect their staff during the coronavirus outbreak. Across the globe, central banks have deployed a series…
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Like other financial institutions, the Bank for International Settlements has faced a challenging few months due to the turbulence in global financial markets. Its annual accounts, published today (June 26), show its balance sheet contracted…
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Data governance at central banks appears to be improving, with a significant increase in institutions reporting to have it in place over the past year. For the first time, the majority of central banks responding to…
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Reserve Bank of New Zealand, Wellington A former senior official at the Reserve Bank of New Zealand has questioned the appointment of a member of the bank’s newly empowered board. Michael Reddell, a former special…
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Japanese fintech Soramitsu and the Japanese Ministry of Economic Trade and Industry will conduct a feasibility study on introducing a central bank digital currency (CBDC) across the Asia-Pacific region. The project, announced on June 21,…
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