![Bank of England governor calls crypto ‘extremely speculative’](https://crypto.news/app/uploads/2023/02/crypto-news-Big-Ben-trading-chart-background-bright-tones-low-poly-style-880x525.jpg)
Bank of England News
Latest Bank of England News
![Bank of England’s PRA asks firms to disclose crypto investments](https://crypto.news/app/uploads/2022/09/Bank_of_England_says_blockchain_roll-out_across_all_markets_too_challenging-880x525.jpg)
News
The Bank of England’s Prudential Regulation Authority has issued a data request asking firms to disclose their current and planned exposures to “cryptoassets.” The statement requested firms to disclose their current and expected future “cryptoasset exposures” and to explain their…
![Bank of England studies ZK-proofs to enhance user privacy for digital pound](https://crypto.news/app/uploads/2023/09/crypto-news-United-Kingdom-trying-to-safeguard-against-improper-use-of-AI03-880x525.png)
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New research from the Bank of England suggests that emerging privacy technologies such as zero-knowledge proofs could enhance user control over data in a digital pound. The Bank of England has suggested that zero-knowledge proofs and other privacy-enhancing technologies —…
![BoE exec warns of stability risks from shift to private settlement assets](https://crypto.news/app/uploads/2023/12/crypto-news-Central-Bank-Digital-Currency-blurry-UK-flag-and-blockchain-world-background-bright-tones-low-poly-style03-880x525.webp)
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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…
![BIS teams up with Bank of England to monitor stablecoin reserves](https://crypto.news/app/uploads/2023/03/Stablecoins1-880x525.jpg)
News
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…
![Tether](https://coin-images.coingecko.com/coins/images/325/large/Tether.png?1696501661)
![Bank of England rolls out consultation paper for wholesale CBDC](https://crypto.news/app/uploads/2024/07/crypto-news-CBDCs-have-a-big-problem-option03-880x523.webp)
News
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…
![UK Treasury and Bank of England yet to reach decision on digital pound](https://crypto.news/app/uploads/2023/12/crypto-news-Invests-in-Future-Universyty-Tech-Blockchain-Leaders-London-background-bright-neon-UK-flag-colors02-880x525.webp)
News
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.
![Tokenizing assets on blockchain may elevate systemic risks, warns Bank of England](https://crypto.news/app/uploads/2023/12/crypto-news-Central-Bank-Digital-Currency-blurry-UK-flag-and-blockchain-world-background-bright-tones-low-poly-style02-880x525.webp)
News
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.
![UK crypto regulation in focus as BOE targets stablecoins for 2024](https://crypto.news/app/uploads/2023/02/uk-united-kingdom-britain-880x525.jpeg)
News
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.
![Bank of England releases stablecoin regulation plan](https://crypto.news/app/uploads/2022/09/Bank_of_England_says_blockchain_roll-out_across_all_markets_too_challenging-880x525.jpg)
News
The UK is setting new regulations for stablecoins and the wider cryptocurrency market, aiming to enhance financial stability and consumer protection while fostering innovation.
![Consultation on digital pound attracts more than 50,000 responses, privacy is key concern](https://crypto.news/app/uploads/2023/10/crypto-news-UK-regulators-jail-01-880x525.webp)
News
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.
![Bank of England requests academic input on CBDC](https://crypto.news/app/uploads/2023/03/crypto-news-cyber-flag-of-Great-Britain-virtual-space-background-white-neon-light-high-poly-sty-880x525.jpg)
News
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 calls crypto ‘extremely speculative’](https://crypto.news/app/uploads/2023/02/crypto-news-Big-Ben-trading-chart-background-bright-tones-low-poly-style-880x525.jpg)
News
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 results out, digital pound plans in progress](https://crypto.news/app/uploads/2023/06/Stablecoin03-880x525.jpg)
News
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
![Bank of England to introduce new regulations for stablecoins](https://crypto.news/app/uploads/2023/03/Bluelight-–-economic-strategy1-880x525.jpg)
News
The Bank of England (BoE) is considering implementing restrictions on stablecoins for payments and developing new regulations to ensure financial stability.
![Bank of England assembles 30 experts to design the digital pound](https://crypto.news/app/uploads/2023/03/crypto-news-old-bank-side-view-city-background-top-view-dark-tones-sixties-retro-futuristic-illustration-880x525.jpg)
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The Bank of England (BoE) is assembling 30 experts to design a central bank digital currency (CBDC)
![Bank of England invites CBDC proof-of-concept proposals](https://crypto.news/app/uploads/2022/02/Bank_of_England_is_highly_unlikely_to_develop_a_retail_wallet_for_CBDC_says_official-880x525.jpg)
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The Bank of England is accepting applications for a proof of concept wallet for its Central Bank digital currency until December 23