07-09-2025 
Foreign Exchange
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4 July, 2025
Ban on Kimchi bonds ends; Singapore’s new law kicks in
South Korea banned the Kimchi bonds in 2011, but a dip in USD liquidity in the forex markets has forced...
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30 May, 2025
South Africa: Digital assets not subject to forex controls
In a case pitting South Africa’s largest bank against the central bank, a court ruled that digital assets are not...
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10 June, 2024
BIS ‘Project Rialto’ aims to make FX settlement more efficient
The BIS has now announced Project Rialto, an FX module to streamline settlement for instant cross-border payments. It will use...
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5 October, 2023
BIS concludes wholesale CBDC experiment for FX, cross-border payments
The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot...
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20 May, 2023
Australia records first FX transaction with CBDCs as trial gathers steam
Blockchain infrastructure provider Canvas broke the news on May 17, noting that two digital asset fund managers, DigitalX and TAF...
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26 November, 2022
China’s foreign exchange agency seeks tighter control over the digital asset industry
China's foreign exchange bureau says there is a need to regulate and classify the digital asset sector to improve the...
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