Browsing Tag
Bank of England
13 posts
Bank of England’s CBDC Plan: Will Banks Survive?
The Bank of England CBDC plan threatens traditional banks. According to Governor Andrew Bailey, banks must modernize or…
Bitcoin (BTC): Recovery Amid Bank of England Rate Cuts
Bitcoin has been recovering since the Bank of England cut interest rates, which also impacted global money markets…
Bank of England to Begin CBDC, Digital Ledger Experiments
The Bank of England plans to carry out a series of experiments on a wholesale CBDC and distributed…
Bank of England’s CBDC Design Phase Gains Momentum with Call for Advisors
The Bank of England has been designing and working on a Digital Pound for some time. Last year,…
Bank of England Governor Criticizes Bitcoin and Other Cryptos
In a new speech at the Mansion House in London, Bank of England Governor Andrew Bailey openly criticized…
Bank of England to Place Silicon Valley Bank UK into Insolvency Procedure
The Silicon Valley Bank has recently been shut down by California regulators. It all began when several worries…
Bank of England Says Digital Pound (CBDC) Could Protect Consumers
Bank of England Deputy Governor Jon Cunliffe says a Digital Pound (CBDC) could protect consumers, according to a…
Bank of England Seeking Applications for £200K CBDC Prototype Wallet
On Dec 9, the Bank of England opened applications for a £200K CBDC wallet prototype. The application specifically…
Bank of England Deputy Governor States the Necessity of Digital Pound
The fall of the FTX exchange has definitely alerted global regulators. It has also awakened a newfound need…
Bank of England increase bond purchases to £10 billion/day till Oct 14th
The United Kingdom markets over the last week witnessed nothing but chaos. Pension funds had to provide billions…
