Global central bankers defend Fed's Powell
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A group of the world's leading central banks and over 40 major commercial banks are to step up testing of one of world's most closely watched digital payments projects, as the race to upgrade - and dominate - the international financial architecture heats up.
Central banks bought a net 45t in November, and while down slightly from October, buying has remained elevated compared to the earlier months of this year.
Spain's central bank offers an interesting view inside of what the Eurosystem is building around blockchain and cryptocurrencies, with the digital euro as its flagship.
Lebanon's Central Bank governor said the bank is pursuing domestic and international legal action to recover misused or embezzled public funds,
Thailand’s central bank is seeking broader powers to tackle structural risks in the financial system, including illicit-money flows and speculative activity that can distort the baht, Governor Vitai Ratanakorn said.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.