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digital pound

Bank of England invites applications for CBDC wallet proof of concept
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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
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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...
Bank of England partners with MIT for 12-month CBDC research project
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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 chief: Digital currency regulation a ‘matter of urgency’
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19 October, 2021

Bank of England chief: Digital currency regulation a ‘matter of urgency’

The Deputy Governor said the risks posed by stablecoins as well as decentralized and derivatives trading on unbacked assets, were...
UK House of Lords begins hearing on central bank digital currencies
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25 September, 2021

UK House of Lords begins hearing on central bank digital currencies

The upper house of the U.K.’s parliament, the Lords’ Economic Affairs Committee is calling for public submissions on whether a...
Britcoin: UK considers central bank digital currency
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2 August, 2021

Britcoin: UK considers central bank digital currency

U.K. Treasury insiders have confirmed that a task force has been established to explore how the CBDC, which some are...
Bank of England establishes taskforce to explore CBDC
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21 April, 2021

Bank of England establishes taskforce to explore CBDC

The taskforce will coordinate exploration of the objectives, use cases, opportunities and risks of a potential CBDC, as well as...
UK drafts plan to regulate stablecoins, research CBDC
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12 November, 2020

UK drafts plan to regulate stablecoins, research CBDC

The U.K. Treasury said it was working on proposals for a new regulatory structure for stablecoins and other digital currencies.