Browsing the "Bank of England" Tag

Bank of England Governor Says Facebook’s Libra Crypto Will Be Scrutinized

| Wolfie Zhao

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.

UK Central Bank Says New Payments System Will Be Blockchain Friendly

| Anna Baydakova

The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.

Bank of England Warns Finance Firms Over Crypto Risks

| Nikhilesh De

A Bank of England official has warned banks and other financial firms about exposure to cryptocurrency-related assets in a letter.

Central Banks Will Jump-Start the Decentralization of Money

| Michael J Casey

While the thought may disappoint cypherpunks, the first step of a transition toward a true "money of the people" will be implemented by central banks.

Bank of England Eyes Private Blockchain Oversight

| Wolfie Zhao

The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.

Bank of England to Test DLT Use in New Settlement System

| Annaliese Milano

The Bank of England has launched a proof of concept that will explore DLT-compatibility with its real time gross settlement service.

Bank of England

UK Government Announces New Cryptocurrency Research Effort

| Leigh Cuen

The U.K. government will launch new research aimed to explore the potential risks posed by cryptocurrencies, a minister has said.

Carney On Eve of G20: Cryptos Don’t Pose Risks to Financial Stability

| Wolfie Zhao

A group of central bank regulators and government ministers said Sunday that cryptocurrencies don't pose a risk to global financial stability.

UK Central Bank to Clamp Down on Crypto Money Laundering

| Wolfie Zhao

The head of the Bank of England has said that the institution will step up its efforts to combat cryptocurrency money laundering.

Bank of England Has ‘No Plans’ to Launch Cryptocurrency

| Sujha Sundararajan

The Bank of England has dropped plans to launch its own digital currency amid concerns about its impact on the financial system.