The consultations will deal with the standards for crypto assets, interest rate risk in the banking book, and window-dressing by G-SIBs.
December 8, 2023Deputy Secretary Wally Adeyemo said Treasury is calling for legislation authorising OFAC to exercise extraterritorial jurisdiction over transactions in USD-pegged stablecoins.
December 3, 2023The rules cover business conduct, technology risks, and consumer access. Crypto assets can be counted towards accredited investor net worth calculations.
November 24, 2023FSB discussed "pockets of remaining banking-sector vulnerabilities" and ongoing work to implement the regulatory framework for crypto and stablecoins.
November 16, 2023The consultations cover transaction reporting, recovery planning, own funds, stress testing, and liquidity requirements for stablecoin issuers.
November 10, 2023The FCA and BOE published discussion papers outlining the UK's proposed regulatory approach for regulating fiat-backed stablecoins.
November 7, 2023CPMI says stablecoins would not necessarily have a positive impact on cross-border payments even if they were properly designed and regulated.
November 6, 2023The initiatives include a new platform to facilitate retail fund distribution and enhancements to the regulatory framework for virtual assets.
November 2, 2023The report says the complexity of developing offline payment capabilities for CBDC systems means some challenges and trade-offs cannot be solved easily.
October 30, 2023Ripple's Ross Edwards and Fubon's Rockson Hsu talk about the benefits of CBDCs as they explore use cases for HKMA's e-HKD.
October 27, 2023