Bank of England Archives

UK on the hunt for CBDC lead as it ramps up digital pound efforts

Business

Steve Kaaru

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28 January, 2023

UK on the hunt for CBDC lead as it ramps up digital pound efforts

U.K. Treasury is looking for a Head of Central Bank Digital Currency who will lead its work on a potential...

Business

James Field

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16 January, 2023

Systemic risk and digital assets

The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had...

Bank of England invites applications for CBDC wallet proof of concept

Business

Steve Kaaru

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15 December, 2022

Bank of England invites applications for CBDC wallet proof of concept

The Bank of England has previously revealed that it would outsource the CBDC wallet to a private company and it’s...

Bank of England deputy governor takes aim at FTX, code-is-law myths and so-called DeFi

Business

Jordan Atkins

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22 November, 2022

Bank of England deputy governor takes aim at FTX, code-is-law myths and so-called DeFi

While exploring the digital pound, BoE deputy governor John Cunliffe said the recent FTX collapse highlighted the need for financial...

UK bipartisan group launches inquiry on digital asset regulations

Business

Steve Kaaru

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13 August, 2022

UK bipartisan group launches inquiry on digital asset regulations

The Crypto and Digital Assets All Party Parliamentary Group wants to hear from the public on regulations, CBDCs, the role...

Digital assets’ role in the metaverse poses risks to financial stability: BOE researchers

Business

Wahid Pessarlay

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13 August, 2022

Digital assets’ role in the metaverse poses risks to financial stability: BOE researchers

Bank of England researchers Owen Lock and Teresa Cascino highlighted how digital assets growing interconnectedness with metaverses could put bank...

Bank of England calls for ‘regulatory and law enforcement frameworks’ to address potential digital assets systemic risks

Business

Wahid Pessarlay

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9 July, 2022

Bank of England calls for ‘regulatory and law enforcement frameworks’ to address potential digital assets systemic risks

BoE said the United Kingdom needs to have "enhanced regulations" for the market even as it continues to grow and...

Bank of England partners with MIT for 12-month CBDC research project

Business

Steve Kaaru

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31 March, 2022

Bank of England partners with MIT for 12-month CBDC research project

The BoE joins the U.S. Federal Reserve and the Bank of Canada, which has been working with MIT, but it...

Bank of England and FCA latest warnings and guidance target ‘crypto’ assets

Business

Gavin Lucas

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29 March, 2022

Bank of England and FCA latest warnings and guidance target ‘crypto’ assets

The BOE noted that digital currency would pose a risk to the wider financial system as the industry grows, while...

The CoinGeek Pulse Episode 76: US Treasury scrutinizes NFTs, CBDC grows globally, TAAL mines 3.87GB Bitcoin block

Business

Stephanie Tower

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11 February, 2022

The CoinGeek Pulse Episode 76: US Treasury scrutinizes NFTs, CBDC grows globally, TAAL mines 3.87GB Bitcoin block

Enterprise blockchain services provider TAAL made history this week when it mined the biggest Bitcoin block at 3.87GB, which had...

Bank of England to decide on CBDC in 2022, but it won’t develop retail wallet

Business

Steve Kaaru

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10 February, 2022

Bank of England to decide on CBDC in 2022, but it won’t develop retail wallet

A senior executive at the bank said that while it may eventually pursue the central bank digital currency, it would...

Bank of England wants tighter global regulation for digital currencies

Business

Steve Kaaru

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22 December, 2021

Bank of England wants tighter global regulation for digital currencies

The Bank of England is seeking to partner with its international counterparts to put in place stricter regulations for digital...

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