Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
The National Bank of Kazakhstan said it will study a local currencylinked stablecoin and tokenized realworld assets with Tether. Source:CoinDesk
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
50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.…
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…
Crypto rallies through the Fed's first rate increase since 2023
Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike. Zcash jumped 23% to a record after Paradigm…
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…