Norwegian Krone: Norges Bank hike supports currency – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that the Norwegian Krone (NOK) outperformed after Norges Bank delivered a hawkish 25 basis point hike to 4.50%.

Mexican Peso slides to April lows as Banxico shrugs off Fed gap

The Mexican Peso extended its losses against the US Dollar on Thursday after the Bank of Mexico (Banxico) held the benchmark interest rate unchanged at 6.50%, disregarding the interest rate differential as a primary factor in setting monetary policy.

SEC’s Peirce urges shift from KYC/AML data collection to zero-knowledge proofs

US Securities and Exchange (SEC) Commissioner Hester Peirce has called on regulators to reconsider traditional data-collection requirements around know-your-customer (KYC), anti-money laundering (AML) and financial surveillance, arguing that cryptographic tools could provide a more privacy-preservin

Silver holders can lose the solar growth story and keep the shortfall

America installed 45% more solar this spring than a year earlier, every one of those panels locks its silver away for decades, and even the deepest cut to solar demand I have seen leaves the silver market short for a sixth year.

Treasury announces second oversized bond buyback as it tries to put a lid on yields

The Treasury Department will buy back another $6 billion in long-term Treasuries today (Thursday, Sept. 24) as it continues efforts to tamp down rising yields.

Binance buys $100 million Circle stake in five-year USDC promotion deal

Binance bought $100 million of Circle stock at a discount alongside a five-year deal to promote USDC, per an SEC filing.

The post Binance buys $100 million Circle stake in five-year USDC promotion deal appeared first on Forex Crunch.

Brussels and Washington’s stablecoin rulebooks edge closer as the ECB targets MiCA’s deposit rule

The ECB and EU central banks want MiCA's 30%/60% stablecoin bank-deposit rule scrapped for liquidity thresholds, moving closer to the US GENIUS Act if adopted.

The post Brussels and Washington’s stablecoin rulebooks edge closer as the ECB targets MiCA’s deposit rule appeared first on Forex Crunch.

ECB to invest part of its own funds in tokenised securities

The ECB is preparing to put part of its own funds into tokenised securities settled in central bank money via Pontes.

The post ECB to invest part of its own funds in tokenised securities appeared first on Forex Crunch.

Saudi Arabia’s exit leaves mBridge running without its western architects

Saudi Arabia's central bank has left mBridge, the China-led cross-border CBDC payments platform, after its proof of concept and the BIS's 2024 exit.

The post Saudi Arabia’s exit leaves mBridge running without its western architects appeared first on Forex Crunch.

Brazil bars stablecoins from eFX settlement leg under Resolution 561

Brazil's central bank bars stablecoins from the wholesale eFX settlement leg from 1 October 2026 under Resolution 561, while individual crypto transfers remain permitted.

The post Brazil bars stablecoins from eFX settlement leg under Resolution 561 appeared first on Forex Crunch.