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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
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 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...
Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets
9.4.2020
For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial...
Does Bitcoin Have Intrinsic Value or Is It Based on Thin Air?
20.3.2020
While some government officials and billionaires believe that bitcoin has no intrinsic value, crypto industry experts have a different view
Next BoE Governor: “Be Prepared to Lose All Your Money” With Bitcoin
5.3.2020
A skeptic of the largest cryptocurrency, Andrew Bailey warned investors against investing in Bitcoin
‘Billions’ Could Be Saved By Tokenized Assets Backed With Central Bank Money: BoE Chief
20.6.2019
Bank of England governor Mark Carney spoke positively about the Utility Settlement Coin project, now dubbed Fnality, during a appearance Thursday
Facebook’s Libra Could Meet ‘Highest Standards’ in Regulation: BoE Governor
19.6.2019
Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney