Stories by Fiat Reporter on Fiat Reporter

The Bank of Canada has announced the commencement of the registration period for retail payment service providers (PSPs) under the Retail Payments Activities Act (RPAA).

Dr. Meredith Beechey Österholm has been appointed as the Head of Monetary Policy Strategy at the Reserve Bank of Australia (RBA).

Elvira Nabiullina, the Governor of the Bank of Russia, addressed the State Duma committees regarding the draft Monetary Policy Guidelines for 2025–2027.

Ksenia Yudaeva has announced her departure from the Bank of Russia, effective October 31, 2024.

The House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), has addressed federal banking regulators with a letter in response to a request for information regarding bank-fintech partnerships.

In the third quarter of 2024, the number of companies enabling payments through the Faster Payments System (SBP) saw a 13% increase, according to data from the Bank of Russia.

The Bank of Canada has announced a reduction in its policy interest rate by 50 basis points, marking the fourth consecutive decrease since June.

The Bank of Russia has released the results of its October 2024 monitoring of maximum interest rates on deposits in Russian rubles.

The Bank of Russia has released its strategic document outlining the monetary policy guidelines for 2025 to 2027.

Lawmakers have raised concerns over recent actions by the Federal Deposit Insurance Corporation (FDIC) regarding changes to asset manager passivity agreements.

The Bank of Canada has recently lowered its policy interest rate by 50 basis points, marking the fourth consecutive decrease since June.

The Bank for International Settlements (BIS) and its central bank partners have demonstrated that regulatory compliance can be integrated into cross-border transaction protocols through Project Mandala.

Erica Khalili, Chief Legal Risk Officer and Co-founder of Lead Bank, has emphasized the transformative role of crypto-centric banks in reshaping traditional finance.

Today, Patrick McHenry, Chairman of the House Financial Services Committee, commented on the U.S. Department of the Treasury's final rule limiting outbound U.S. investment to China.

In October 2024, households' estimated inflation expectations for the next year rose to 13.4% from 12.5% in September, according to InFOM's survey.

Binance has announced the relaunch of Binance Connect, a service designed to provide Web3 businesses with a seamless fiat-to-crypto transaction solution within its ecosystem.

On October 25, 2024, the Bank of Russia's Board of Directors announced an increase in the key rate by 200 basis points to 21.00% per annum.

The Bank of Russia has announced an increase in the key interest rate to 21% per annum, as revealed by Governor Elvira Nabiullina following a Board of Directors meeting on October 25, 2024.

The Bank of Russia has announced changes to the parameters of its foreign exchange swaps involving the Chinese yuan and Russian ruble.

The Institute for Monetary and Economic Studies (IMES) of the Bank of Japan recently conducted a workshop titled "Macroeconomics and Central Banking." This event was held in collaboration with the Bank of Canada and the Federal Reserve Bank of Philadelphia. The IMES Newsletter has provided a summary of the discussions that took place during this joint workshop.