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Nalezeno "Bank of England": 470

UK will likely need to issue a digital currency, says BoE deputy governor

14.5.2021
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention

The challenges with designing a CBDC, explained

12.5.2021
Central bank digital currencies face a tricky trilemma when it comes to ensuring they are well designed. What’s the answer?

ECB Chief Lagarde: Cryptocurrencies Prone to Money Laundering, No Intrinsic Value, Buy if Prepared to Lose all Money

9.5.2021
The president of the European Central Bank (ECB), Christine Lagarde, warned that cryptocurrencies are prone to money laundering. She agrees with the governor of the Bank of England, Andrew Bailey, who recently said that cryptocurrencies have no intrinsic value and investors should be prepared...

Bank of England governor issues crypto investment warning

7.5.2021
England’s central bank warns crypto investors to be wary of the risks associated with buying cryptocurrencies

Bank of England and UK Parliament get 'Bitcoin fixes this' treatment

2.5.2021
The BoE has recently taken greater steps towards the rollout of a central bank digital currency

England’s central bank moves ahead with CBDC with 7 job postings

30.4.2021
The Bank of England's CBDC-related job listings range from solution architect to senior manager

Bank of England and HM Treasury Launch a Central Bank Digital Currency Taskforce

19.4.2021
Her Majesty’s Treasury and the Bank of England have revealed the establishment of a central bank digital currency (CBDC) taskforce. According to the announcement, the group’s purpose aims to explore a potential UK CBDC. UK Entities Invoke a CBDC Taskforce to Explore a Central...

UK government establishes central bank digital currency task force

19.4.2021
The United Kingdom is the latest country to begin exploring the possibility of creating a central bank digital currency

Former BoE, BoC Governor Mark Carney joins Stripe board of directors

21.2.2021
Mark Carney, one of the most prominent central bankers of the post-financial crisis era, has officially joined the digital payments company. Stripe has all but abandoned cryptocurrency payment solutions for the time being, but its founders are positive about the emerging industry

Bank of England Governor Warns Cryptocurrencies Won’t Last

27.1.2021
The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies...

BoE Governor: cryptocurrencies of today are destined to fail long term

26.1.2021
The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features

Bank of England Governor Insists Digital Payments (But Not Crypto) Is Sticking Around

25.1.2021
BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency

The Bitcoin revolution: The new ‘Bank of England’ is 'no bank at all'

29.12.2020
The heirs to the Bank of England may think they’re still leading, but their only options are to follow crypto or get out of the way

BoE policymaker says digital currencies could be part of ‘new monetary order’

19.11.2020
BoE policymaker Andy Haldane believes a widely-used digital currency could have a positive impact on financial stability

UK’s CBDC Could Facilitate Negative Interest Rates - Bank of England

19.11.2020
Should the Bank of England decide to issue a widely used central bank digital currency (CBDC), the move could help the country’s economy to benefit from negative interest rates, according to Andy Haldane, the central bank’s Chief Economist and Member of the Monetary Policy Committee. “On...