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"Banks will have to adjust" to crypto, says Bank of England leader
13.11.2020
Jon Cunliffe, one of the leaders of England's central bank, said banks must adapt to the changes brought on by digital assets
Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report
13.11.2020
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility
ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 Years
12.11.2020
ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance
BoE hasn't 'made any decision' regarding a CBDC, says fintech director
27.10.2020
“We will continue to explore the pros and cons of CBDC,” said Tom Mutton
Leaders of global CBDC projects talk shop in panel today
19.10.2020
Central bank digital currency interest continues gaining global traction
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
16.10.2020
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of England Governor Andrew Bailey talked...
Crypto traders cautious on Bitcoin price as rally to $11.7K goes sour
14.10.2020
Traders are becoming cautious about Bitcoin price after repeated rejections at the $11,500 level following the recent rally
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
13.10.2020
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready...
BoE governor continues to assert Bitcoin has 'little intrinsic value'
12.10.2020
“It may have extrinsic value in the sense that people want it,” said Bailey
Central banks detail CBDC expectations in massive joint document
9.10.2020
The report is a major step towards pushing central bank digital currencies forward
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
6.10.2020
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...
UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years
18.9.2020
The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price...
Bank of England talks negative interest rates in best ‘ad’ for Bitcoin
17.9.2020
Bitcoin hodlers could not ask for more, says Tone Vays as the U.K. central bank looks for protection against Brexit and coronavirus fallout
Could Russia lead Eastern Europe’s crypto boom?
6.9.2020
Russia’s new bill brings it in line with U.K. legislators, though there is a distinction between the approach of the FCA and the State Duma
Bank of England governor dismissed Bitcoin as a means of payment
3.9.2020
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins
Bank of England Governor Wants Global Regulations as Stablecoins Pick Up Steam
3.9.2020
Bank of England governor Andrew Bailey wants coordinated global regulation around stablecoins as the payment method picks up steam
Bank of England Joins Key Roundtable on Central Bank Digital Currency Design
18.8.2020
The Bank of England is keeping central bank digital currency research high on its 2020 agenda
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
Bank of England Building Payments Network to Support a Potential Digital Pound
30.7.2020
CoinDesk has learned the Bank of England's new settlement system is being built so it can be forwards compatible with a digital currency
Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...