Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast
The digital ruble’s early uptake comes as BRICS nations explore linking their digital currencies for crossborder trade and payments. Source：Cointelegraph
U.S. inflation rises again and keeps the pressure on Fed
The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose sharply in August, underscoring why the central bank raised interest rates…
Traders expecting a back-to-back rate hike from the Fed in October may have gotten ahead of themselves
New York Fed’s John Williams says “there is no need for urgency” after the central bank’s September hike. Source：MarketWatch
The market is pricing in too many Fed hikes, says the former Dallas Fed chief
The bond market is getting too aggressive in pricing in Federal Reserve rate hikes, a former central bank official says. Source：MarketWatch
European central banks push to expand stablecoin yield ban to crypto lending and staking
Central bankers argue that indirect yield structures blur the line between electronic payment tokens and commercial bank deposits, distorting financial system…
ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
The ECB and EU central banks want to replace MiCA’s stablecoin bankdeposit requirements with liquidity thresholds, warning that sudden withdrawals could strain…
ECB plans to buy tokenized bonds with its own funds
The European Central Bank rolled out a new system to link its payment system to blockchainbased financial markets. Source：CoinDesk
ECB deploys Pontes platform to settle wholesale tokenized assets in central-bank money
The EU central bank's new wholesale platform connects DLT market infrastructure to its payment rails, separate from the retail digital euro pilot planned for…
U.S. diesel prices hit record high as bitcoin and gold struggle
Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a…
Warsh’s Fed rolls out first interest-rate hike in 3 years — with one more increase expected
The Federal Reserve on Wednesday rolled out its decision on interest rates as the U.S. central bank tries to tame persistent inflation. Source：MarketWatch
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish…
European Central Bank calls for merchants to participate in digital euro pilot
The 12month test will put a beta version of the central bank currency through online, mobile, instore and peertopeer payments. Source：CoinDesk