Search
Bank of England Releases Discussion Paper on CBDCs
13.3.2020
The 57-page paper released by the UK’s central bank outlines how CBDCs could be introduced to existing markets
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
Digital Pound Could Present ‘Challenges’ for UK, Says Mark Carney
12.3.2020
The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K
Bitcoin Steadies as Bank of England Suddenly Cuts Rates to 11-Year Low
11.3.2020
The UK’s central bank has stunned markets with a rate cut to just 0.25% — the most since the tail end of the 2008 financial crisis
Bank of England Official Warns Against Crypto, Stablecoins + More News
3.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Digital fiat news
Bank of England Deputy Governor Sir Jon Cunliffe said in a speech that crypto adoption could be a threat...
Bank of England Warns Crypto Adoption May Impact Credit Creation
2.3.2020
The Bank of England official urges regulators to prepare before stablecoins become “systemically important”
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...
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
The New England Venture Summit Will Be Held on December 4, 2019
22.11.2019
The New England Venture Summit connects VCs and Angels with the most innovative growth early and stages companies. Over 800 VCs, Corporate VCs, angel investors, investment bankers, and founders of venture backed, emerging, and early-stage companies will be convening at the prestigious New England...
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...