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Latest from Sandali Handagama
CBDC Impact on Banking Sector Could Be Manageable: New BIS Report
Three new reports by a BIS working group analyze policy options and practical implementation issues of a retail CBDC.

Digital Euro Isn’t Guaranteed After Experiment, ECB Advisor Says
The European bank’s two-year digital euro experiment will focus on a retail CBDC.

BIS Signals Central Banks to Start Work on CBDCs
The head of the BIS Innovation Hub says central banks must retain the ability to uphold financial stability.

European Finance Regulator Calls Crypto ‘Volatile’ but Innovative
The European Securities and Markets Authority published a report on financial trends and risks last week.

Here’s How the US’s Infrastructure Bill Crypto Tax Provision Might Be Implemented
The House of Representatives will vote on the infrastructure bill at the end of the month.

Stablecoins Are ‘Pretending’ to Be Currencies: ECB’s Lagarde
Stablecoins are not currencies, but rather, assets, ECB President Christine Lagarde said.

Australia, Malaysia, Singapore, South Africa to Trial CBDCs for Cross-Border Payments
The four central banks are working on a joint project that will develop and test shared platforms for international settlements with multiple CBDCs.

Nigeria Central Bank Issues CBDC Guidelines to Commercial Banks: Report
The CBN is planning to launch a pilot of its digital currency project, called Project Giant, in October.

World Mobile Wraps $39M Token Sale to Launch Mesh Network in Zanzibar
World Mobile is currently rolling out telecommunications equipment to establish a mesh network and bring internet connectivity to Tanzania.

Israeli Financial Authorities Double Down on Bitcoin-Linked Investments: Report
Insurance companies and investment houses might be required to detail and justify any investments linked to bitcoin.
