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.…
Bolivia weighs adding Tether's USDT to its national payments system
Crypto usage has spiked in the country, with transaction volumes hitting $430 million in the year after the central bank removed restrictions in mid2024.…
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
Russia on track for digital ruble rollout on Sept. 1: Central bank governor
EU authorities already preemptively sanctioned Russia’s digital ruble in 2025 as part of measures in response to the country’s war against Ukraine.…
Bitcoin climbs toward $60,000 after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and…
Warsh warns investors not to expect hints at future Fed rate moves
New Federal Reserve chief Kevin Warsh gave no hint of whether the central bank would raise interest rates in July and repeated his dislike of socalled forward…
Here’s what’s next for the Fed’s Lisa Cook after her victory at the Supreme Court
The Supreme Court’s ruling in favor of Federal Reserve governor Lisa Cook will require the Trump administration to do a lot more work in order to oust her from…