Bank of England

BoE Partners with Fintech Startup to Manage Digital Identity for Britcoin Users

The Bank of England signed a deal with the Nuggets payments platform to push through the future digital pound. 

BoE’s Bailey: Banks Shouldn’t Overlook Commercial Digital Money

According to Andrew Bailey, stablecoins have a credible claim to being digital money—but only if regulated in the same way as other forms of money.

Consumers are already living “in an era of instantaneous bank runs”: BoE Dep. Governor

BoE Deputy Governor says CBDCs can protect consumers, who are living in an era of instant bank runs.

Britcoin’s Roadmap Revealed by UK Chancellor: No Hoarding Allowed

The efficacy of CBDCs seems to be such that artificial barriers need to be erected.

BoE’s 75 BPS Hike Takes UK’s Key Rates to Highest Level Since 2008

BoE hiked interest rates by 75 bps Thursday, the largest single increase since 1989. The move takes UK's interest rates to 3%, the highest since in…

Sterling Dips to $1.13 as BoE Denies Report of Delaying QT Measure

Sterling fell against the USD after the BoE disputed reports that it plans to delay government bond sales again.

BoE Doubles Bond Buying Limit to £10B in Bid to Protect Pension Funds

The Bank of England (BoE) doubled its government bond purchases from £5 billion to £10 billion a day to protect pension funds from market turmoil.

Short Selling on GBP Ramped Up 17% as Truss Became UK’s Prime Minister

Short bets against the pound increased by 17% in the first half of September as Truss became PM.

BoE to Start Buying Bonds as IMF Warns of Britain’s Fiscal Irresponsibility

The BoE has postponed the planned sale of UK government bonds amid lingering uncertain market conditions.

UK’s Central Bank Wants to Burden DeFi With Regulations

Upcoming monetary wars will be delineated between the forces of centralization and decentralization.

Bank of England to Explore Central Bank Digital Currency

Bank of England Governor Calls for a Virtual Reserve Currency for the World