Tag: bank of england
Digital Pound can “enhance UK financial infrastructures”
The UK is exploring its next step in becoming a global hub for digital payment innovation with the official launch of a consultation into...
Report: 2030 likely to see the introduction of ‘Britcoin’ as digital...
According to a report by the Telegraph, a statement is expected by both the Bank of England and HM Treasury next week, in which...
UK’s top banks create joint firm to drive financial inclusion
Nine of the UK's biggest banks have initiated a joint scheme to introduce shared banking hubs in parts of the country through Cash Access...
Bank of England reveals King Charles III banknotes
The Bank of England has revealed what the new banknotes bearing the likeness of King Charles will look like.
Notes are expected to enter circulation...
Crypto regulation calls intensify from Bank of England after FTX collapse
Bank of England Deputy Governor, Sir Jon Cunliffe, has called for the introduction of regulatory guidelines surrounding crypto to avoid another collapse similar to...
‘There is no place for outdated affordability checks’ as Bank of...
The decision of the Bank of England to increase interest rates from 2.25% to 3%, in response to rising inflation, will likely lead to...
Status of old paper notes as legal tender set to cease
This Friday marks the final day that paper bank notes are accepted, with the Bank of England predicting a wave of consumers depositing the...
Bank of England provides guidance on UK tender
As the UK mourns the passing of Queen Elizabeth II, the Bank of England (BoE) has issued guidance on banknotes and coins in the...
Bank of England issues warning over growth of cryptoassets
The Bank of England’s Owen Lock has issued a warning over the role and risk of cryptoassets in the metaverse.
In a blog published on...
UK Treasury preparing for regulation of stablecoins
The UK Treasury is planning legislation that will provide a regulatory framework around stablecoins according to Bank of England Deputy Governor Jon Cunliffe, who...
