Joasia E. Popowicz

1 week ago | centralbanking.com | Joasia E. Popowicz

Project Agorá is wrestling with liquidity fragmentation challenges, participants in the unified ledger project told a conference in Zurich yesterday (May 6). At the Point Zero Forum organised by the Global Finance and Technology Network, a non-profit established by the Monetary Authority of Singapore, participants in the project and other industry leaders discussed progress on the initiative under the Chatham House rule. An officer at a bank involved in the project said: “One thing our clients

3 weeks ago | centralbanking.com | Joasia E. Popowicz

Tweet Facebook LinkedIn Save this article Send to Print this page The US Federal Reserve has withdrawn directives telling banks to seek approval from regulators before engaging in crypto activities, in alignment with president Donald Trump’s crypto-friendly policies.

1 month ago | centralbanking.com | Joasia E. Popowicz |Christopher Jeffery |Daniel Hinge |Daniel Blackburn

Reserve managers view US trade policies as the most significant risk in 2025, the latest Reserve Management Trends survey has found. Central Banking and HSBC’s annual survey of reserve managers was carried out between January and early March – before the first of US president Donald Trump’s tariff announcements on April 2. Nevertheless, of the 88 central banks that responded, 39 (44.3%) were already saying that US tariffs were their most pressing concern. “Inflation and interest rates” was far

1 month ago | centralbanking.com | Joasia E. Popowicz

Officials from the Securities and Exchange Commission (SEC) on April 4 issued two contradictory statements on stablecoins as the agency continues to follow president Donald Trump’s agenda of making the US the crypto capital of the world. A note by the SEC’s corporation finance division on April 4 stated that stablecoins were not securities, and that this would put the cryptocurrencies beyond its purview.  On the same day, Caroline Crenshaw, the SEC’s only Democratic party commissioner, issued a

2 months ago | centralbanking.com | Joasia E. Popowicz |Christopher Jeffery |Daniel Hinge |Daniel Blackburn

The governor of Sri Lanka’s central bank, Nandalal Weerasinghe, has said a “more proactive approach” is needed to tackle deepfakes, after an image generated by artificial intelligence last week appeared to show him endorsing an investment scam on Facebook. Today (March 11) Weerasinghe responded to questions from Central Banking about the video and the efforts the central bank had taken in response. “At this stage, investigations are ongoing to determine the origin and individuals responsible for