Bank of England

Crypto lobbying groups are arguing the Bank of England and the Financial Conduct Authority should rethink some of their ideas for regulating stablecoins. (Jesse Hamilton/CoinDesk)
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
Industry groups argue they see inconsistencies in regulatory plans by the Bank of England and the Financial Conduct Authority.
Crypto lobbying groups are arguing the Bank of England and the Financial Conduct Authority should rethink some of their ideas for regulating stablecoins. (Jesse Hamilton/CoinDesk)

Privacy was a central concern for those responding to the Bank of England's ideas on a digital pound, but experts are hopeful. (Camomile Shumba/CoinDesk)
UK's Digital Pound Approach Should Help Manage Privacy Concerns, Experts Say
The Bank of England's recent consultation saw 50,000 responses, many welcoming the digital pound's design but sharing concerns about privacy.
Privacy was a central concern for those responding to the Bank of England's ideas on a digital pound, but experts are hopeful. (Camomile Shumba/CoinDesk)

Bitcoin's Price Set to End the Week Relatively Unchanged
Bitcoin's Price Set to End the Week Relatively Unchanged
The U.S. Federal Reserve signaled on Wednesday that easier monetary policy is likely in store for 2024. OANDA senior market analyst Craig Erlam joins "First Mover" to discuss...
Bitcoin's Price Set to End the Week Relatively Unchanged

UK and EU Push Ahead on Stablecoin Regulation; Hong Kong Approves Another Crypto Exchange
UK and EU Push Ahead on Stablecoin Regulation; Hong Kong Approves Another Crypto Exchange
Host Megha Chaddah discusses the state of crypto in the U.K. and Europe as the Bank of England (BOE) and the Financial Conduct Authority (FCA) have published their plans to re...
UK and EU Push Ahead on Stablecoin Regulation; Hong Kong Approves Another Crypto Exchange

UK Financial Watchdogs Reveal Stablecoin Regulation Proposals
UK Financial Watchdogs Reveal Stablecoin Regulation Proposals
Two U.K. financial watchdogs, the Bank of England (BOE) and the Financial Conduct Authority (FCA), have published their plans to regulate stablecoins. Laura Douglas, senior as...
UK Financial Watchdogs Reveal Stablecoin Regulation Proposals

UK United Kingdom British England Flag (Unsplash)
UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.
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Sarah Breeden (Camomile Shumba / CoinDesk)
Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.
Sarah Breeden (Camomile Shumba / CoinDesk)

Bank of England (Camomile Shumba/CoinDesk)
Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase
The Bank of England is recruiting academics for its central bank digital currency engagement forum and asking stakeholders for more information.
Bank of England (Camomile Shumba/CoinDesk)

Bank of England (Camomile Shumba)
UK's Central Bank Forges Ahead With Plans for a Systemic Stablecoin Regime
The U.K. recently passed the Financial Services and Markets Act 2023 into law, which gave the BoE powers to set up a systemic stablecoin regime.
Bank of England (Camomile Shumba)

UK United Kingdom British England Flag (Unsplash)
Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
UK United Kingdom British England Flag (Unsplash)