May 2026 – Page 28

BIS Innovation Hub Drops Progress Report on Shared Distributed Ledger Project Agora

The update details how cross-border commercial bank deposits and tokenized central bank reserves are being tested.

The central bank cautions that unregulated stablecoins could destabilize interest rate mechanisms and bank lending.

The European Central Bank warns financial institutions to shore up defenses against rapid generative AI model hazards.

Britain freezes assets of hidden financial structures accused of facilitating sanctions evasion for the Kremlin.

The partner bank for Crypto.com and fintech app Wise is ordered to resolve customer due diligence flaws.

The cryptocurrency exchange allows customers to automatically route portions of their salary directly into digital assets.

The Fed’s IG office is examining administrative alignment and governance practices across regional central banking arms.

Research indicates that revised capital rules will significantly expand the lending capacities of top transatlantic banks.

The partnership aims to build a flagship AI Factory combining energy, advanced compute, and European digital sovereignty.

SoftBank Group Corp. commits to a multi-phase digital infrastructure project as part of the Choose France summit.