Bank of England


Policy

Bank of England's Stablecoin Ruling Targets Financial Stability, Exec Says

Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.

“It doesn’t matter what technology you are using," said BoE exec Christina Segal-Knowles. "Same risk, same regulation.” Image via Shutterstock

Markets

6 Central Banks Form Digital Currency Use Case Working Group

The working group will pool research into CBDCs.

Bank for International Settlements. Basel, Switzerland.

Markets

Bank of England Sets Out Rules for Libra Launch in the UK

The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.

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Markets

'No Argument' for Replacing Dollar's Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

Simon Potter ex-NY Fed official

Markets

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

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

Photo of Mark Carney

Markets

UK Central Bank Says New Payments System Will Be Blockchain Friendly

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

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Markets

Bank of England Warns Finance Firms Over Crypto Risks

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

Bank of England

Markets

Central Banks Will Jump-Start the Decentralization of Money

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.

Federal Reserve. Credit: Shutterstock

Markets

Bank of England Eyes Private Blockchain Oversight

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

Markets

Bank of England to Test DLT Use in New Settlement System

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

“It doesn’t matter what technology you are using," said BoE exec Christina Segal-Knowles. "Same risk, same regulation.” Image via Shutterstock