Entries for 'Digital Assets'
April 30, 2024
The Institute of International Finance (IIF) has publicly responded to the European Securities and Markets Authority’s (ESMA’s) consultation on ESMA's proposed guidelines on the reverse solicitation exemption under Article 61 of the Markets in Crypto-Assets Regulation (MiCA).
April 4, 2024
The April IIF Digital Asset Forum highlighted the need to coordinate different lines of business and functions, as many challenges faced in adopting new technology are operational, rather than technology. Improvements in crucial use cases, like payments, may enable faster development system-wide.
April 2, 2024
This week’s Digital Finance Developments spotlights recent and upcoming policy changes for Canadian financial services, with a focus on developments in payments, digital assets, artificial intelligence (AI), and open banking policy.
March 29, 2024
On Thursday, March 28, the Institute of International Finance (IIF), working with other trade associations, submitted a comment letter to the Basel Committee on Banking Supervision (BCBS) in response to a request for comment on the consultative document ‘Cryptoasset standard amendments.’
February 29, 2024
This IIF staff note summarizes the UK authorities’ responses to their consultation on a digital pound, the UK’s CBDC project. While the papers provide useful clarity, key financial stability issues remain open, including holding limits and the possibility of the digital pound paying interest.
February 28, 2024
The February 2024 IIF Digital Asset Forum explored conceptual frameworks for digital asset platforms, including the fragmentation, interoperability, and standardization dynamics that the private and public sectors must work together to solve.
February 20, 2024
This week’s Developments highlights numerous recent initiatives supporting digital finance in Australia, finding that Australian authorities are engaging in a far-reaching modernization of digital assets and payments regulation, and beginning to formulate artificial intelligence policies.
February 1, 2024
The IIF and fellow trade associations have submitted a joint response to the BCBS's consultation on the disclosure of cryptoasset exposures.
January 30, 2024
This note summarizes the digital euro Rulebook Development Group’s recent update, identifying potential concerns and positive developments. It also discusses a Copenhagen Economics study on the digital euro's potential impacts on financial stability, innovation and competition, and consumer welfare.
January 9, 2024
This week’s Developments highlights the outlook for crypto regulation in 2024, taking into account rising investor anticipation for regulatory action in the U.S. and new guidance from international standard setters, emphasizing the need for continual engagement between policymakers and industry.
January 4, 2024
The January IIF Digital Asset Forum featured perspectives on the outlook for digital assets in 2024, including on the investment landscape and the feasibility of active pilot projects. Participants viewed the space with optimism and noted outstanding questions will not be easy to answer.
December 19, 2023
In this episode of FRT, Morten Bech, Head of the Bank for International Settlements (BIS) Innovation Hub’s Swiss Centre, discusses Project Tourbillon,...
December 6, 2023
The October IIF Digital Asset Forum explored the tokenization option set for central banks and the private sector, considering multiple methods for tokenizing assets and building supporting infrastructure. Participants noted project tradeoffs and the importance of industry-wide collaboration.
October 16, 2023
In this episode of Current Account, Clay records live from the IIF's Annual Membership Meetings in Marrakech, Morocco. He is accompanied by colleagues...
October 3, 2023
This week’s Digital Finance Developments considers fintech promotion in Hong Kong SAR, including recent changes in the landscape for digital assets and the centrality of data to future efforts to integrate technology into finance.
September 25, 2023
The August IIF Digital Asset Forum explored necessary enablers and policy tradeoffs for advancing both digital assets and digital financial infrastructure projects, including the importance of reaching a common understanding of tech neutrality between policymakers and industry.
September 18, 2023
The IIF has published an assessment of the European Commission's June 2023 proposed legislative package for a digital euro, setting out the extent to which the proposal addresses concerns it has raised previously on behalf of IIF member firms in its June 2022 submission to the EC.
September 7, 2023
This week’s Digital Finance Developments takes stock of Central Bank Digital Currency (CBDC) pilot projects and considers the design choices presented by these efforts, adding further nuance to consideration of CBDCs.
August 22, 2023
This week’s Digital Finance Developments explores fintech policies in Singapore, including how Singapore is promoting the responsible use of some emerging technologies, such as artificial intelligence, and also developing more specific regulations for others, like digital assets.
August 10, 2023
The July IIF Digital Asset Forum examined efforts to forge a strong foundational architecture for digital money and tokenization, discussing critical governance and operational questions raised by international institutions’ visions for this future digital financial infrastructure.