As the fallout from the collapse of FTX continues, different reactions to crypto have emerged. These range from ‘let it burn’ to ‘contain it through regulation’ to ‘existing securities and banking laws are sufficient’. Legitimate questions remain about the definition of securities, oversight of a cryptocurrency spot market and the emergence of a regulatory framework for stablecoins. The real push towards public sector action, however, may come from innovation.
 China must participate in relieving debt distress By Mark Sobel Debt distress is rising throughout many low-income countries and emerging markets. China should work with the international community to help these countries secure debt sustainability.
 ON DEMAND A solution for stablecoin and CBDC interoperability David Creer, global digital assets and CBDC lead at GFT, and Alexander Feenie, managing partner at Chavanette Advisors, join OMFIF to discuss the work of the Universal Digital Payments Network.Â
 LATEST REPORT The Bulletin, Spring 2023 This edition of the Bulletin brings together a collection of predictions for the year ahead. Covering inflation, ESG, emerging markets and reserve management, experts are cautiously optimistic about 2023.
