Regulator aims to facilitate compliance with new regime
Policymakers move from digital currency design to preparation
Tight financial conditions, high economic uncertainty remain key vulnerabilities
Official digital currencies may have a hard time proving their value, the rating agency says
Crypto is too volatile to replace the basic function of money, according to a report
Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism
Central bank proposal would disintermediate banks and curb deposit funding
Government-led digital money projects are more likely, report says
Anthony Ostler also called for more consumer protection in the emerging payments space
Consultation considers impact of tech giants on competition, consumers