Articles by FX Markets Staff

• Infrastructure

Fed paper explores stablecoins’ impact on financial system

Researchers say stablecoins could be a ‘digital safe haven’ during volatility, but design choices matter

• 10 Feb 2022

• Infrastructure

Mexican government announces CBDC for 2024

Bank of Mexico has yet to comment publicly on the initiative

• 05 Jan 2022

• Infrastructure

Bank of Tanzania ‘working on CBDC’, governor says

Luoga says “cryptocurrencies are not safe” and president has urged work on CBDC

• 30 Nov 2021

• Regulation

Argentine central bank orders foreign exchange sales

BCRA also bans “payments in instalments” for overseas travel as currency weakens

• 30 Nov 2021

• Infrastructure

Nigeria launches ‘digital naira’ pilot

Central bank issues $1.2 million in retail CBDC after clampdown on private crypto

• 27 Oct 2021

• Awards

e-FX Awards 2021 – the winners

Which firms have won the battle for top spot at this year's FX Markets e-FX Awards?

• 27 Jul 2021

• Infrastructure

Sri Lanka central bank imposes capital controls

Measure restricts exports of foreign currency as government faces debt challenge

• 08 Jul 2021

• Infrastructure

Singapore’s SWF starts work on cross-border payment network

JP Morgan, DBS Bank and Temasek say project will build on collaboration with MAS

• 04 May 2021

• Infrastructure

BoE and Treasury launch CBDC task force

Central bank also forms new division to lead “internal exploration” of digital currency

• 19 Apr 2021

• Infrastructure

HKMA and BoJ launch new securities settlement framework

New “delivery versus payment link” aims to reduce settlement risk

• 09 Apr 2021

• Infrastructure

IMF weighs up $650 billion SDR issuance

Figure would allow Biden administration to avoid a vote in Congress

• 25 Mar 2021

• Infrastructure

BIS and central banks partner to create CBDC ‘bridge’

Cross-border project will link up digital currencies of China, Hong Kong, Thailand and the UAE

• 26 Feb 2021

• Awards

FX Markets Best Banks Awards 2020: The winners

Citi takes 12 categories, including best bank for FX; HSBC follows with six wins

• 11 Dec 2020

• Awards

FX Markets Asia Awards 2020: The winners

Citi lands four wins in this year’s awards

• 12 Nov 2020

• Regulation

UK’s FCA bans crypto derivatives for retail investors

FCA says retail crypto assets have no reliable valuation basis and could increase financial crime

• 12 Oct 2020

• Infrastructure

ECB steps up research on ‘digital euro’

Central bank analysing both centralised and decentralised options for a digital currency

• 06 Oct 2020

• Awards

e-FX Awards 2020: The winners

Citi takes three categories in 18th annual awards; XTX picked as best LP for spot, while Goldman wins algo crown

• 16 Sep 2020

• Tech and data

Boston Fed and MIT collaborate on digital currency research

Research results on software architecture will be released as open source

• 17 Aug 2020

• Trading

Statisticians grapple with inflation impact of Covid-19

Collecting reliable inflation figures during lockdown is not straightforward

• 23 Apr 2020

• Regulation

FSB outlines 10-point plan for stablecoin risks

Some powers already exist but stablecoins may cut across regulatory boundaries, report says

• 14 Apr 2020

• Regulation

Covid-19 could spur central bank digital currencies – BIS

Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed

• 07 Apr 2020

• Regulation

Major economies already engaging in ‘currency wars’ – former IMF chief

De Larosière floats new commodity-based exchange rate regime

• 25 Mar 2020

• Foreign Exchange

FX Week February 17 2020 digital download (exclusive to FX Week Corporate subscribers)

• 17 Feb 2020

• Infrastructure

Four more banks join CLSNet

Bilateral payments netting service using distributed ledger tech now has nine firms live

• 12 Feb 2020