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Nalezeno "the Bank of England": 238

Bank of England Official: Central Banks May Lose Payments Race to Tech Companies

24.2.2020
The chief cashier of the Bank of England has warned that central banks must act quickly to prevent tech companies from dominating the digital payments sector

‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec

24.2.2020
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier

Senior Bank of England Official Calls for Urgent Digital Fiat Action

24.2.2020
Central banks in major economies continue to change their stance on digital currency issuance, with Sarah John, the Bank of England’s chief cashier, stating that it is “so crucial” that central banks act before tech giants establish dominance in the sector. Per British newspaper the Telegraph, John...

Speculation Undermines Crypto Prices and Utility, Says Bank of England Senior Economist

17.2.2020
Speculation clogs up blockchains, making them harder to use and ultimately less valuable, a working paper suggests

Bank of England’s Stablecoin Ruling Targets Financial Stability, Exec Says

27.1.2020
Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains

6 Central Banks Form Digital Currency Use Case Working Group

21.1.2020
The working group will pool research into CBDCs

3 Major Signs That Precede the Fall of World Reserve Currencies

24.10.2019
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...

Former Chief of Bank of England Warns World Economy is ‘Sleepwalking’ Into a New Financial Crisis

21.10.2019
Over the past months, many experts and policy-makers have voiced their concerns over the state of the world economy. In a new development, the former governor of the Bank of England, Mervyn King has stated that the global economy is heading towards a new financial meltdown. He actually used...

What Role Should Central Banks Have Launching Stablecoins Like Libra?

21.10.2019
Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored

Bank of England Governor Carney Defends Facebook’s Libra Stablecoin

15.10.2019
Bank of England governor Mark Carney defends Facebook’s choice to create a new currency

Bank of England Drafts Out Regulatory Measures for Facebook’s Libra Cryptocurrency

11.10.2019
Facebook-led stablecoin project, Libra has managed to grab the attention of financial leaders all around the world, surprisingly, for all the negative reasons. It has been subject to backlash from regulatory authorities globally concerning its vulnerability to upset the financial scenario in...

Libra under Fire from US Politicians, But Bank of England Offers Hope

10.10.2019
Mark Zuckerberg. Source: a video screenshot, Youtube, Guardian News Regulators on both sides of the Atlantic are taking very different approaches to Facebook’s Libra project – with American politicians hoping to strong-arm the social network and Libra partners, while British central bank officials...

Bank of England Sets Out Rules for Libra Launch in the UK

9.10.2019
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch

‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official

26.9.2019
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets

Governor of Bank of England Proposes a New Digital Currency

25.8.2019
In an important announcement which could possibly have a far-reaching impact on the cryptocurrency sphere, Mark Carney, governor of Bank of England has opined that reliance of the world on the US dollar as a primary Fiat currency is not a good indicator and could possibly spell trouble for...