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Nalezeno "England": 418

Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections

21.6.2024
Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S. debt. He suggested that the U.S. is on the verge...

India Repatriates 100 Tonnes of Gold From UK, Aims to Move More

4.6.2024
According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be repeated as India seeks to hold more gold domestically...

BoE regulatory 'culture shift' could open door to new tech

22.5.2024
The Bank of England's proactive regulatory shift aims to integrate emerging technologies, highlighted by the introduction of the Digital Securities Sandbox

Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing

4.4.2024
The Bank of England and the UK’s FCA have commenced a consultation process regarding the draft guidance for their Digital Securities Sandbox. The post Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing appeared first on Cryptonews

UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT

3.4.2024
The DSS will last five years and could lead to a new regulatory regime for securities settlement

UK Law Commission Seeks To Classify Cryptocurrencies As “Property” In New Draft Bill

22.2.2024
A proposed UK law would officially define cryptocurrencies as a distinct form of property. This move seeks to create greater legal certainty, bolstering protections for holders of digital assets. The Law Commission of England has launched a consultation exercise on the bill, drawing from recent...

England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property

22.2.2024
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law

UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg

20.2.2024
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report

UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say

9.2.2024
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking

European Markets Org Praises Bank of England On UK Stablecoin Rules

7.2.2024
Today, the Bank of England extended the deadline for citizens to provide feedback on its proposed regulatory regime for UK stablecoins from February 6 to February 12. The central bank’s discussion paper focused on rules for sterling-denominated stablecoins, which it believes are the most likely...

UK's Digital Pound Approach Should Help Manage Privacy Concerns, Experts Say

31.1.2024
The U.K.'s approach to handling privacy concerns posed by a digital pound should help quench concerns, according to interviews with a wide range of crypto industry legal and technical insiders

Bank of England, HM Treasury Respond to Digital Pound Consultation Amid Strong Public Interest

27.1.2024
Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash. HM Treasury and Bank of England Respond to Public’s...

Britcoin: Is a Digital Pound Really on The Horizon?

25.1.2024
The UK Parliament and the Bank of England (BOE) continue to “um and ah” over whether a state-backed digital pound also known as “Britcoin” or a Central Bank Digital Currency (CBDC) is needed. On Wednesday, the UK’s Permanent Secretary of HM Treasury James Bowler, said a digital pound consultation...

Bitcoin is “Not Taking Off” as Mainstream Payment: BoE Governor

11.1.2024
Source: AdobeStock / Iakov Kalinin Andrew Bailey, Bank of England governor, says cryptos lost its momentum to keep up a in the mainstream payments system. He stressed that cryptos such as Bitcoin are “pretty inefficient” as a payment method as it has not “keep up the momentum.” “My own sense...

UK Treasury Advises Lower Limits on Retail Digital Pound Over Fears of Bank Runs

4.12.2023
The UK Treasury Committee advised proceeding slowly on a digital pound in a Dec. 2 report due to financial stability risks like sparking bank runs. Image by Alexey Novikov, Adobe Stock. The UK Treasury Committee released a report on December 2, advising the Bank of England to proceed cautiously...

UK stablecoin regulation begins to take shape in multiple FCA, BOE documents

6.11.2023
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking

Bank of England and UK’s FCA Propose Plans to Regulate Stablecoins

6.11.2023
The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have...