·Dora Noda·11 min
Brazil's Stablecoin Ban Splits the G20: How BCB Resolution 561 Reroutes a $90B Cross-Border Corridor
Brazil's central bank just became the first G20 economy to pull stablecoins out of regulated cross-border payment rails, forcing fintechs like Wise, Nomad, and Braza Bank to restructure billions in monthly flow.
stablecoins
regulation
cross-border payments
central banks
+1·Dora Noda·11 min
Russia Just Made Bitcoin a Monetary Policy Tool — And the G20 Has No Playbook
Russia's Central Bank Governor publicly credited Bitcoin mining with strengthening the ruble — the first G20 monetary authority to treat hash rate as currency policy infrastructure. What this rewires for sanctions-era macro and what the rest of the G20 has to do next.
Bitcoin
Mining
central banks
macroeconomics
+1·Dora Noda·17 min
Stablecoins at a Crossroads: The Riksbank's Assessment and Global Central Bank Response
Stablecoins have the potential to revolutionize payments, but they pose significant risks to financial stability and monetary sovereignty. The Riksbank's comprehensive assessment highlights critical policy decisions for central banks worldwide.
stablecoins
Riksbank
central banks
financial stability