May 16, 2024
Wholesale CBDC cross-border trading test ‘deemed a success’
Experiment was a technical achievement but liquidity demands may be prohibitive
Highlights
Regulators clamp down on surge in trading venues
Banks that fail to monitor trading on external venues risk million-dollar fines
Read more
May 15, 2024
Patrick McHenry urges Fed and OCC to jointly oversee stablecoin regulation
The US Congressman’s bill means stablecoin issuers would face bank-like regulation
Read more
Waning appetite for junk loans drives surge in bank securitisation
G-Sibs rush to bump loans off balance sheets to skip capital charges
Read more
Continue reading
May 14, 2024
Regulators tighten cyber security rules for banks
Senior managers will face personal liability for cybersecurity breaches
Read more
UK listing regime lacks mojo and needs to rediscover its equity risk culture
FCA proposals relax investor protections and moves UK towards US-style, disclosure-based regime
Read more
Can CBDCs be made safe for democracy?
Ex-CFTC chair J. Christopher Giancarlo on balancing civil liberties with economic freedom
Read more
May 13, 2024
Hong Kong and Abu Dhabi jockey for top spot in crypto ‘snakes and ladders’
Competing states vie to snatch Singapore’s crypto hub crown
Read more