Search
Today in Crypto: 'Now is Best Time to Invest in Web3', Ex-FTX US President Brett Harrison Resigned Due to 'Protracted Disagreement' with Sam Bankman-Fried, Bank of England Building a CBDC Team
10.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: 'Now is Best Time to Invest in Web3', Ex-FTX US President Brett Harrison Resigned Due to 'Protracted...
Bank of England Targets 30-Strong Team for Digital Currency: Report
9.4.2023
Among the positions available: Digital Pound Security Architect and Digital Pound Solutions Architect
What the Bank of England’s Stablecoins Regime Could Look Like
29.3.2023
The Bank of England's upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis
US contemplates 'expanding' emergency lending facility for banks: Report
26.3.2023
While the Federal Reserve liquidity offerings must be equally accessible to "all eligible users," unnamed sources reportedly warned that it could be “made in a way” to ensure First Republic Bank benefits
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...
SVB's UK arm issues 15M pounds in bonuses after symbolic bailout: Report
19.3.2023
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following SVB UK’s "near-collapse.”
HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England
14.3.2023
The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed that “Deposits will be protected, with no taxpayer support.” British Government Announces...
HSBC Acquires Silicon Valley Bank UK for £1 to Safeguard Customers and Taxpayers – What's Going On?
13.3.2023
Global banking giant HSBC has acquired the UK subsidiary of now-collapsed lender Silicon Valley Bank for £1 ($1.21) after all-night talks between the government, regulators, and other prospective buyers.
The deal excludes the assets and liabilities of SVB UK's parent company.
As of March 10,...
UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse
12.3.2023
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom
Silicon Valley Bank's UK branch shut down by Bank of England
12.3.2023
Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a "pivotal" role in supporting startups
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
11.3.2023
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch...
Bank of England has no tech skills to issue CBDC yet: Deputy governor
28.2.2023
BoE deputy governor Jon Cunliffe compared a potential digital pound with iPhone’s Apple Store as it could “open a new frontier for people to improve payments.”
DLT Not Efficient Enough to Power CBDCs: BOE’s Cunliffe
28.2.2023
The Bank of England is experimenting with tokenizing assets for real estate sales, as well as developing a digital pound, lawmakers were told
UK banking regulator to propose crypto issuing, holding rules after Basel 3 finalized
27.2.2023
The Bank of England Prudential Regulatory Authority will facilitate international economic growth under the Financial Services and Markets bill now in Parliament
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease
26.2.2023
While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over...
Neon Link’s Gaming-Focused Neon Coin Presale Begins
15.2.2023
PRESS RELEASE. LONDON, ENGLAND – February 15th, 2023 – Neon Link, the new blockchain gaming ecosystem consisting of a layer-1 blockchain, native coin, wallet, dex, bridge, games and more is opening up the opportunity to own part of this project by holding the NEON coin on the 15th...
UK think tank launches a crusade against 'surveillance' CBDCs
14.2.2023
The Bank of England's plans for a CBDC launch raises concern among UK Tax Reform Council and the broader Bitcoin community
Bank of England thinks digital pound can co-exist with private stablecoins
8.2.2023
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins
Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says
7.2.2023
Bank of England and Treasury Explore Possibility of Launching a State-Backed 'Digital Pound'
7.2.2023
The central Bank of England and the UK Government will today, reportedly, formally start a consultation for the 'digital pound'.
A state-backed digital pound is in the plans for the country, and it may be launched "later this decade," according to the PA Media Group, via Yahoo News. The Bank...