ECB Signals New Framework for Cross-Border Settlement
Internal consultation documents suggest a shift toward atomic settlement for wholesale banking, with tokenised deposits at the centre of the design.
By Julian Thorne
Policy
Regulation, central bank digital currencies and enforcement actions worldwide.
Hong Kong SFC Approves Three New Virtual Asset Platforms
The approvals extend the territory's licensing regime to a wider set of custody and trading operators.
By Julian Thorne
Stablecoin Issuers Face Tighter Reserve Disclosure Standards
Auditors are pushing for monthly attestations with instrument-level detail rather than aggregate summaries.
By Julian Thorne
First Cross-Border MiCA Passporting Dispute Reaches a National Regulator
A firm licensed in one member state has had its services restricted in another, testing the regime's central promise.
By Julian Thorne
Travel Rule Compliance Still Breaks at the Border, Survey Finds
Originator data is being collected. Getting it to arrive intact at a counterparty in another jurisdiction remains the failure point.
By Julian Thorne
State Trust Charters for Crypto Custody Face a Federal Challenge
Banking groups argue the charters grant national reach without national supervision. Custodians say the model has worked for a decade.
By Julian Thorne
Brazil Tightens Reporting on Stablecoin Transfers Above R$10,000
The central bank's new rule targets FX evasion. Payment firms say it also captures ordinary business settlement.
By Tomás Herrera
Singapore Widens Tokenised Fund Settlement Pilot to Retail Distributors
The Monetary Authority's programme moves beyond interbank testing into the channel where units are actually sold.
By Priya Raghunathan