BoE Demands Social-Good, Not Just Payment-System, Considerations Ahead of CBDC
Speaking today, BoE Governor Bailey laid out a vision of digital currency with significant impact not only in the U.K., but also for the way global regulators develop the stablecoin regime on which they recently sought comment (see FSM Report CRYPTO14) and for numerous multi-currency CBDC efforts.

OCC, Fed Approve Innovative Charter, BHC
Continuing his fast-paced efforts to transform banking, Acting Comptroller Brooks today announced approval of an application by a fintech start-up, Jiko, to acquire a small Minnesota federal thrift converted into a national bank for this purpose.