Andrew Bailey

Bank of England Governor Andrew Bailey (WPA Pool/Getty Images)

Policy

Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says

The central bank governor also said regulators can't rule out central bank digital currencies as the U.K. explores a digital pound.

Bank of England Governor Andrew Bailey (WPA Pool/Getty Images)

By Camomile Shumba

Apr 12, 2023 at 3:03 p.m. UTC

Apr 12, 2023

RegulationsUKBank of EnglandAndrew BaileyStablecoins

OFAC and FinCEN Lacking Resources for Crypto Regulation

Video

Federal reserve

OFAC and FinCEN Lacking Resources for Crypto Regulation

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses how OFAC and FinCEN budget concerns impact regulators’ ability to have cohesive oversight of t...

OFAC and FinCEN Lacking Resources for Crypto Regulation

By CoinDesk Staff

Mar 24, 2022 at 3:57 p.m. UTC

Mar 24, 2022

Federal ReserveRegulationJerome PowellNikhilesh DecdtvFM ClipFinCENBank of EnglandOFACAndrew Bailey

Bank of England Chief Andrew Bailey

Markets

Bank of England Governor Insists Digital Payments (but Not Crypto) Are Sticking Around

BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency.

Bank of England Chief Andrew Bailey

By Danny Nelson

Jan 25, 2021 at 6:33 p.m. UTC

Jan 25, 2021

CBDCStablecoinsDavosAndrew Bailey

Bank of England Chief Andrew Bailey

Markets

World economic forum

BOE's Bailey, Western Union CEO Part of Davos Panel on Digital Currencies

The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.

Bank of England Chief Andrew Bailey

By Kevin Reynolds

Jan 24, 2021 at 9:02 p.m. UTC

Jan 24, 2021

World Economic ForumDavosWEFAndrew BaileyHikmet Ersek