Central Banks News on Fiat Reporter

At a Senate Banking Committee hearing, Chairman Tim Scott from South Carolina emphasized the need for enhanced mitigation strategies and sound insurance market practices to ensure that Americans can access affordable insurance coverage.

The Bank of Canada has announced the recipients of its scholarship awards for the 2024-25 academic year.

Senate Majority Leader John Thune has initiated a move to expedite the voting process for a legislative bill that proposes a regulatory framework for payment stablecoins.

Chairman Tim Scott (R-S.C.) and Senator Brian Schatz (D-Hawaii) are reintroducing legislation aimed at helping flood-prone communities break the cycle of repeated flooding and rebuilding.

Specialized depositories in Russia will now only inform the Bank of Russia about significant violations detected in the activities of management companies and joint-stock investment funds.

The U.S. Senate has approved a resolution spearheaded by Chairman Tim Scott and Senator Jack Reed, designating April 2025 as Financial Literacy Month.

The pension portfolio in Russia has grown significantly, reaching over ₽8 trillion by the end of 2024.

The Bank of Canada's Governing Council has released an account of their deliberations leading to the monetary policy decision on April 16, 2025.

In the month of March, a majority of Russian regions have seen slower price growth compared to the previous month of February.

For the first time since 2022, the number of borrowers who are customers of banks and microfinance organizations has dropped by 0.5 million, slightly exceeding 50 million, as reported by credit history bureaus.

Ruslan Baluev has been appointed as the Director of the Information Technology Department at the Bank of Russia.

Microfinance organizations (MFOs) saw a significant increase in corporate lending in 2024, as reported by the Bank of Russia.

According to the latest survey by InFOM, households’ one-year ahead inflation expectations have risen slightly, moving from 12.9% in March 2025 to 13.1% in April 2025.

The Bank of Russia has announced new macroprudential policy measures for the third quarter of 2025, affecting both mortgage and consumer loans.

Households have been increasingly utilizing the Faster Payments System (SBP) to conduct fee-free transfers between their accounts at different banks.

The Bank of Russia has announced a modification in its method of presenting comparisons of banks concerning lending complaints.

Based on the findings of an investigation, the Bank of Russia identified misuse of insider information by Kirill G. Sokolov.

The monitoring of maximum interest rates on Russian ruble deposits for April 2025 by the Bank of Russia reveals the following: for the first 10 days, the rate was 20.05%, and for the second 10 days, it slightly decreased to 20.04%.

The Bank of Russia has advised credit institutions to lend support to individuals experiencing issues in individual housing construction.

Washington, D.C. – The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, led by Senator Bill Hagerty and co-sponsored by several others, seeks to set a regulatory framework for stablecoins in the U.S. In a legislative...