News & Analysis as of

Central Bank Digital Currency (CBDCs) Financial Conduct Authority (FCA)

A&O Shearman

Bank of England discusses opportunities in innovating wholesale payments

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Victoria Cleland, Executive Director of Payments, Bank of England (BoE) has given a speech on innovating wholesale payments: building a resilient and innovative future. In the speech, Ms Cleland discusses the BoE's innovation...more

Hogan Lovells

The Payments Newsletter including Digital Assets and Blockchain, January 2025

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Key developments of interest over the last month include: the U.S. Consumer Financial Protection Bureau looking at digital payment privacy and consumer protections; the UK FCA publishing a discussion paper on admissions and...more

BakerHostetler

Swiss Banks Launch Crypto Offerings; GAO Addresses SEC Crypto Bulletin; UK and Hong Kong Publish Crypto Guidance; DOJ and SEC...

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Swiss Banks Launch Tokenization Pilot, Crypto Custody and Trading Services - A recent press release announced a pilot by “SIX, the Swiss National Bank (SNB) and six commercial banks” that seeks “to test, in a live...more

Hogan Lovells

The Payments Newsletter including Digital Assets & Blockchain, September 2023

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Key developments of interest over the last month include: the UK Payment Systems Regulator consulting on a specific direction to Faster Payments participants on its new APP fraud reimbursement requirement; the U.S. Federal...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, October 15, 2022

Paul Hastings LLP on

October 14, 2022- Top officials representing ministries of finance and other government agencies from 33 countries met at the U.S. Department of the Treasury to discuss the effects of international sanctions and export...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, July 7, 2022

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Major Developments- U.S. Department of Education Education- Department Releases Proposed Regulations to Revise Federal Student Loan Programs including Expanding and Improving Targeted Relief Programs-...more

Hogan Lovells

Global Payments Newsletter, June 2022

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Key developments of interest over the last month include: UK Payment Systems Regulator announces two market reviews on card fees; Reserve Bank of India publishes Payments Vision 2025; and U.S. Department of Commerce solicits...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, June 1, 2022

Paul Hastings LLP on

Congress- U.S. House of Representatives- Committee on Financial Services- Committee Announces June Committee Schedule- ...more

Hogan Lovells

Global Payments Newsletter, March 2022

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Key developments of interest over the last month include: In this Newsletter: For previous editions of the Global Payments Newsletter, please visit our Financial Services practice page. On 9 March 2022, President Biden signed...more

Hogan Lovells

Global Payments Newsletter, September 2021

Hogan Lovells on

Key developments of interest over the last month include: El Salvador: Bitcoin becomes legal tender European Union: European Commission proposes Path to the Digital Decade to deliver EU's digital transformation by 2030...more

Hogan Lovells

Global Payments Newsletter, May 2021

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United Kingdom: Financial Services Act 2021 becomes law - On 29 April 2021, the Financial Services Bill 2019-21 received Royal Assent. In a press release, HM Treasury described the Financial Services Act 2021 (the Act) as...more

BakerHostetler

CBDC Initiatives Announced Across Globe, US Crypto Firms Pursue Licenses and Form Lobbying Groups, DOJ Targets Unlicensed Crypto...

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Central Bank Digital Currencies Explored in Thailand, Japan and Sweden - According to a recent press release, the Bank of Thailand (BOT) is seeking public comment on the issuance and development of a Retail Central Bank...more

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