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Central banks must prepare for profound impact of AI, BIS says
Reuters via Yahoo Finance UK· 3 days agoCentral banks should embrace the benefits of artificial intelligence (AI) the Bank for International...
Japan names new FX diplomat as yen hits 38-year low
Reuters via Yahoo Finance UK· 5 hours agoTOKYO (Reuters) -Japan appointed a new top foreign exchange diplomat on Friday as the yen plumbed a 38-year low against the dollar, heightening...
Japan Names New Currency Czar as Yen Continues Its Slide, Nikkei Reports
Bloomberg via Yahoo Finance UK· 6 hours ago(Bloomberg) -- Japan is getting a new currency czar just as the yen trades near its weakest levels...
HKMA to join European test of cross-border payments on tokenised assets
South China Morning Post via Yahoo Finance UK· 23 hours agoThe Hong Kong Monetary Authority (HKMA) has signed an agreement with its counterpart in France to...
Central banks should exploit AI ‘gold rush’, report says
Euronews via Yahoo News UK· 3 days agoArtificial intelligence is gaining a rapid and widespread grip on the economy – and central bankers...
Cross-Border CBDC Focused Project MBridge Moves Forward
Forbes· 5 days agoFor more than three years, the Bank of International Settlements (BIS) and the central banks of...
Sterling's importance to global currency markets
Reuters via Yahoo Finance UK· 2 days agoSterling has faced its share of trials and tribulations in recent decades but remains a widely used currency, and, this year it has held up better...
Federal Reserve governor says AI is ‘not going to replace’ central bankers—at least not yet
Fortune via Yahoo Finance UK· 2 days agoThough the comment roused laughter from the audience, she further explained the Federal Reserve is...
Listen To The Money Men About Tokenisation, Not The Technologists
Forbes· 4 days agoOn day one I asked what problems we were trying to fix, essentially, and I was told by a grizzled...
Swiss Pick Insider Schlegel to Lead SNB as Jordan Exits
Bloomberg via Yahoo Finance UK· 2 days ago(Bloomberg) -- Swiss National Bank Vice President Martin Schlegel won promotion to the institution’s...