FED is trying to stifle high inflation by rising interest rate and - surprisingly - by provoking unemployment as fears of recession escalate. The crisis could expand around the globe and lead to a contraction in the world’s economy.

SWIFT completes another phase of its CBDC trials. The focus is on cross-border settlements between different CBDCs. The conclusion so far is that their existing systems can handle it.

U.S. Senator Elizabeth Warren accused Zelle payment app in facilitating fraud. The report cites data collected from Bank of America, PNC Bank, U.S. Bank, and Truist while it also mentions that JPMorgan Chase, Wells Fargo, and Capital One failed to provide complete information for the review

BIS devoted one third of its 2022 Annual Economic Report for the discussion of the Future Monetary System. In their vision, Central Banks will have the core role, adopting innovations of DLT, leading and supervising the ecosystem of banks, PSP and other participants.

Once upon a time one big private company came up with an idea of reinventing money and changing the financial world. It failed. Prof. Dahlia Malkhi, who was working on Facebook's unified digital currency Diem (previously Libra), explained why in an interview with Calcalist.

The Curve developers have posted a JavaScript library on the web, which should help when launching their own stable coin, the Curve stable coin - crvUSD.

Yasushi Fujii, is the founder of multiple successful gaming and entertainment companies, also serving as Chief Digitalization Officer at several local governments in Japan. He shares his perspective on the future of money: visualization of money flows opens new perspectives for economists.

Independent crypto researcher Ignas announced on his Twitter account why the Fei protocol will be closed.