The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.
Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.
A Bank of England official has warned banks and other financial firms about exposure to cryptocurrency-related assets in a letter.
The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.
The Bank of England has launched a proof of concept that will explore DLT-compatibility with its real time gross settlement service.
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.