FinTech Futures: Top five stories of the week – 21 July 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Financial Stability Board
FSB to study DeFi’s potential stability risks and vulnerabilities
The FSB states that “specific features” of DeFi may see some of its vulnerabilities “play out differently”.
Financial Stability Board outlines need for international crypto regulation
The FSB is calling for regulation of cryptoasset activities on an international level.
Libra’s woes continue as Booking Holdings departs
The association has now lost 25% of its membership.
FSB investigating the regulatory potential of stablecoins
Emerging scale could pose challenges, says FSB chair
Bank of England chief claims cryptocurrencies kind of cool
He’s changed his tune.
Payments: where have all the correspondents gone?
At the recent G20 meeting in Germany, Financial Stability Board (FSB) briefed leaders on its efforts to arrest the decline in correspondent banking relationships. FSB also presented the results of a survey of more than 300 banks in 50 countries, supplemented by Swift payments data, which showed that the number of correspondent banking relationships continues to decline globally.
Financial Stability Board muses implications from fintech
Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, has issued a report analysing the potential financial stability implications from fintech.
The Monday mindset: 30 January 2017
Fintech zeitgeist! Welcome to the third in a new series of brief reports. Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week we welcome the views of guest writer Soumik Roy. Last week, […]
