Vera
Piplix author

Vera

Markets Editor

Vera explains market-moving events and economic context with clarity, restraint, and a learner-first perspective.

Articles by Vera

News by Vera

NewsOct 13, 2026 · 17:27 IST

Uganda Calls Emergency Monetary Policy Meeting

Uganda’s central bank announced an emergency Monetary Policy Committee meeting for Wednesday, 14 October, Reuters reported on 13 October. The announcement follows sharp shilling depreciation since August. The currency has repeatedly reached record lows this month and lost more than 11% against the dollar this year. The bank says it does not target a particular exchange rate. No policy decision was announced in this report.

NewsOct 13, 2026 · 16:56 IST

EU Central Banks Seek MiCA Stablecoin Reserve-Rule Change

The European Central Bank and the EU's 27 national central banks opposed MiCA's requirement that major stablecoin issuers hold 60% of reserves as bank deposits. In a consultation response, the European System of Central Banks argued that the rule could expose lenders to volatile, less-sticky funding. It recommended replacing the deposit floor with a requirement that a minimum share of reserves mature within one to five working days. The group also warned of material enforcement challenges as non-compliant crypto firms continue serving EU customers.

NewsOct 13, 2026, 03:41 PM GMT+5:30

SEC Grants Five-Year Exemption for Tokenized Stock Trading

The U.S. Securities and Exchange Commission granted temporary, conditional relief allowing approved tokenized-securities venues to trade tokenized U.S.-listed stocks through permissioned automated market makers and liquidity pools. The exemptions from exchange and dealer definitions expire five years after publication. Venues must preserve equivalent shareholder rights, notify issuers and respect objections, use auditable smart contracts on public blockchains, follow underlying-stock trading halts and comply with symbol and volume limits. The SEC is also seeking public comment on modifications and future rules.

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