Bank of England News
Latest Bank of England News
Bank of England warns that failure to modernize central bank money could shift wholesale settlements to private assets, potentially risking financial stability. A Bank of England executive warns that failing to adapt central bank money to emerging technologies could push…
The Bank for International Settlements has announced a joint project with the Bank of England aimed at tracking stablecoins’ reserves. The Bank for International Settlements Innovation Hub in collaboration with the Bank of England announced a new joint pilot aimed…
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The Bank of England plans a series of experiments with distributed ledger technology and wholesale CBDCs to assess their impact on the evolving payments landscape. The Bank of England aims to address rapid advancements in money and payment technologies with…
The Bank of England and the U.K. Treasury are cautiously advancing the exploration of a digital pound, focusing on research and legislative groundwork without a firm commitment to launch.
The Bank of England's financial stability report highlights the potential risks and increasing interest in asset tokenization within the financial sector, underscoring the need for global regulatory coordination.
The Bank of England is introducing sweeping regulations for stablecoins and digital currencies, but some lawmakers question whether a digital pound is needed at all.
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The UK is setting new regulations for stablecoins and the wider cryptocurrency market, aiming to enhance financial stability and consumer protection while fostering innovation.
The Bank of England’s consultation on the digital pound has sparked widespread public debate, underscoring critical concerns about privacy, cash usage, and the currency’s future trajectory.
The Bank of England (BoE) and HM Treasury issued a call for interest, seeking academic experts to join a new advisory group focused on central bank digital currencies (CBDCs)
Bank of England Governor Andrew Bailey declares cryptocurrencies as “extremely speculative investments” and emphasizes the need for enhanced digital money. During his recent London Financial and Professional Services Dinner speech, Bank of England’s governor Andrew Bailey expressed skepticism towards cryptocurrencies.…
Bank of England's Project Rosalind, in collaboration with the Bank for International Settlements (BIS), has brought the debut of the digital pound one step closer
The Bank of England (BoE) is considering implementing restrictions on stablecoins for payments and developing new regulations to ensure financial stability.
The Bank of England (BoE) is assembling 30 experts to design a central bank digital currency (CBDC)
The Bank of England is accepting applications for a proof of concept wallet for its Central Bank digital currency until December 23
Bank of England is not convinced that DeFi has the ability to solve financial risk after the FTX implosion. Bank of England pessimistic about DeFi and risk management On Monday, November 21, 2022, the deputy governor of the Bank of…
According to Bank of England Deputy Governor Jon Cunliffe, as reported by Reuters, using the blockchain technology that underpins crypto assets to provide rapid trading and settlement across all financial markets is not desired given the difficulties it would provide.…