Regulators raise concerns about the rise of privately controlled currencies
Andrew Bailey signals softening of stance towards digital tokens
An innovative technology must still answer old central banking questions
Fed governor Christopher Waller endorses digital tokens at Frankfurt conference while Bundesbank president Joachim Nagel expresses caution
Banks including Citigroup back move by payments group to allow ‘instant, always-on cross-border transactions’
President says sector should learn from traditional finance and allow refunds in cases of fraud or disputes
Deal would make crypto operator one of world’s most valuable privately owned companies
Proposals would give UK much stricter rules for market than US or EU
Move comes after Congress passed new regulations to bring dollar-backed tokens into mainstream markets
Boss of crypto company that posted first-half profits of $5.7bn has called the precious metal ‘natural bitcoin’
Digital tokens perceived as safe assets come with hidden risks for retail investors, says Jean Tirole
Instead of trying to limit their use, foreign governments should focus on improving confidence in their own currencies
Industry groups say new crypto law has a ‘loophole’ that could cost banks trillions of dollars in outflows
Concern over competitiveness raises possibility of digital currency using public rather than private blockchain
Bo Hines joins world’s biggest stablecoin issuer as strategic adviser
Investment follows passing of so-called Genius Act to regulate stablecoins in the US
Fears that they make it easier for criminals to move money around are based on a misconception
Policymakers say dollar-backed tokens cement US dominance but regulator warns of money-laundering risk
Former chancellor who now advises Coinbase says Rachel Reeves should set up a framework for stablecoins
If we were the world’s only financial centre we could take our time to evaluate stablecoins — but we are not
Rapid adoption of dollar-linked tokens would leave central bank struggling to control money supply and interest rates
Bipartisan backing of stablecoins will hurt America’s economy and its politics
Ruling party wants to let companies issue crypto, but Bank of Korea fears capital outflows
A regulatory framework must be established for tokens issued both inside and outside the bloc
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
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