Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…
Hong Kong’s central bank puts a number on lenders' quantum preparedness. It's very low.
The Hong Kong Monetary Authority published a whitepaper on the quantum preparedness of Hong Kong’s banking industry and its first Quantum Preparedness Index.…
North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection. Source：CoinDesk
Warsh won’t say if he’s spoken with Trump since taking the Fed’s helm
Senate Democrats are uneasy about White House influence at central bank. Source：MarketWatch
ECB picks firms including Deutsche Bank, Revolut for digital euro pilot
The pilot will test a beta version of the digital euro for online, offline, instore, and ecommerce payments with ECB and central bank staff as users.…
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