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
Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants
HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain…
SWIFT launches blockchain ledger with 17-bank tokenized deposit pilot
SWIFT launched its new blockchain ledger that will host a tokenized bank deposit pilot for 17 major banks seeking faster crossborder payments.…
Russia's largest private bank Alfa-Bank tests crypto trading
AlfaBank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services.…
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain antimoney laundering programs Source：Federal Reserve
Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express
Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia…
Banks have stopped asking if stablecoins belong in finance, now they're considering how
Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030. Source：CoinDesk
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…
Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.
Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA,…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five AsiaPacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.…
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…
Uniswap, Spark aim to build stablecoin FX market as banks, fintechs enter the industry
The protocols are building shared liquidity and trading infrastructure for a future with hundreds of competing digital currencies on blockchain rails.…