The Bank of England has dropped plans to launch its own digital currency amid concerns about its impact on the financial system.
Bank of England governor Mark Carney has said that bitcoin's meteoric price gains do not pose a threat to global financial stability.
The U.K.'s central bank has warned that a shift to DLT could bring about both positive and unwelcome changes in the securities settlement industry.
The UK’s central bank is looking for partners for distributed ledger projects focused on data privacy.
After review, the UK central bank said today it will build the next version of its settlement system with distributed ledger tech in mind.
Distributed ledger tech could "reshape" banking, Bank of England chief Mark Carney said today.
A senior Bank of England official doesn’t believe widespread blockchain adoption will happen anytime soon.
The UK’s central bank said last week that it wants its next-generation settlement system to be blockchain-compatible.
A senior Bank of England official says the central bank's fintech accelerator is looking for new blockchain opportunities.
The Bank of England is on the hunt for an economist to spearhead its research into a central bank-issued digital currency.