ECB picks 36 payment providers to test digital euro ahead of 2027 pilot
The European Central Bank will beta test a digital euro with 36 providers, including Revolut, after the project drew more than 50 applications.…
A warning for the U.S. dollar: The historic bond-market buffer that protected the currency is fading.
Major dislocations in America’s foreign policy have given a stimulus to a dedollarization trend among central banks. Source：MarketWatch
A ‘few’ Fed officials said there was a case for a rate hike in June, minutes from Warsh’s first meeting show
A “few” Federal Reserve officials said there was a case for raising interest rates in June, according to minutes released Wednesday from the central bank’s…
Wednesday’s Fed minutes will be revealing — but not in the way investors hope
Minutes of the Fed’s June meeting will give more insight on how new Fed Chair Kevin Warsh intends to run the central bank. Source：MarketWatch
Central bankers sound alarms over agentic AI finance risks
“We need to think about new tools and a different way of working with the [AI] market in a more collaborative way,” says Nikhil Rathi, CEO of the UK’s finance…
India's central bank revives push to isolate banks from crypto: Report
The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated…
Trump blasts ‘hostile’ Fed and says Warsh ‘has to do what he has to do’ on interest rates
Trump, in the interview, also said he continues to plan to remove Fed governor Lisa Cook from the central bank’s board. Source：MarketWatch
Russia on track for digital ruble rollout on Sept. 1: Central bank governor
EU authorities already preemptively sanctioned Russia’s digital ruble in 2025 as part of measures in response to the country’s war against Ukraine.…
Bitcoin climbs toward $60,000 after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and…
With the yen at a 40-year low, here’s when Japan could intervene to catch the market off balance
Japan’s central bank may look to exploit low trading volumes over the U.S. holiday to push its currency higher. Source：MarketWatch
Fed’s Lisa Cook can stay at central bank while challenging Trump’s attempt to fire her, Supreme Court rules
The Supreme Court refused to allow President Donald Trump to fire Federal Reserve governor Lisa Cook, in a move that strengthens the independence of the…
The central bank of central banks warns AI frenzy could trigger stock-market slump and jeopardize economy
Rich stock market valuations, investor complacency, circular financing, and the potential knockon effects in credit markets are a clear warning in the BIS…