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Nalezeno "BOE": 86

BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring

31.7.2024
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers

Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims

31.7.2024
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, the report said

Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops

31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...

Bank of England to experiment with wholesale CBDC, synchronization

30.7.2024
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC

Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE

30.7.2024
The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates

Bank of England to Carry Out CBDC, Digital Ledger Experiments

30.7.2024
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound

BoE regulatory 'culture shift' could open door to new tech

22.5.2024
The Bank of England's proactive regulatory shift aims to integrate emerging technologies, highlighted by the introduction of the Digital Securities Sandbox

Bank of England, HM Treasury Respond to Digital Pound Consultation Amid Strong Public Interest

27.1.2024
Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash. HM Treasury and Bank of England Respond to Public’s...

Britcoin: Is a Digital Pound Really on The Horizon?

25.1.2024
The UK Parliament and the Bank of England (BOE) continue to “um and ah” over whether a state-backed digital pound also known as “Britcoin” or a Central Bank Digital Currency (CBDC) is needed. On Wednesday, the UK’s Permanent Secretary of HM Treasury James Bowler, said a digital pound consultation...

Bitcoin is “Not Taking Off” as Mainstream Payment: BoE Governor

11.1.2024
Source: AdobeStock / Iakov Kalinin Andrew Bailey, Bank of England governor, says cryptos lost its momentum to keep up a in the mainstream payments system. He stressed that cryptos such as Bitcoin are “pretty inefficient” as a payment method as it has not “keep up the momentum.” “My own sense...

Asset Tokenization on Blockchains Could Increase Systemic Risks: BOE

7.12.2023
Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BoE said in its bi-annual report

UK stablecoin regulation begins to take shape in multiple FCA, BOE documents

6.11.2023
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking

Bank of England and UK’s FCA Propose Plans to Regulate Stablecoins

6.11.2023
The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have...

Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation

27.10.2023
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE

UK Residents Flags Privacy Concerns in Digital Pound Consultations: Bank of England

27.10.2023
The Bank of England (BOE) says the majority of 50,000 feedbacks it received from the public consultation on the digital pound revolve around privacy and fiat scarcity concerns. Jon Cunliffe, the bank’s Deputy Governor disclosed in a speech, Money and payments: a ‘black ships’...

Incoming BoE Deputy Governor Discusses Crypto's Value and Risks

13.9.2023
The incoming deputy governor of financial stability at the Bank of England (BoE) has said that crypto does not yet pose much of a risk to financial stability. During a hearing held by Parliament's Treasury Committee, Sarah Breeden, set to assume her new role on November 1, discussed the value...