Bank of England

Finance & Economics

Bank of England Postpones Implementation of New Banking Reforms for Summer 2025

The Central Bank of England has changed the timing of the implementation of the banking sector reform process, postponing the start of relevant activities to the summer of 2025.

News

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements

The media reports that the central bank of England is currently under pressure, the purpose of which is to postpone the date of entry into force of the new capital requirements.

News

Bank of England Raises Interest Rates

The Bank of England on Thursday, August 3, announced an increase in interest rates.

Finance & Economics

UK Reportedly to Make Overseas Banks Replace Branches With Subsidiaries

The media reported that the Central bank of Great Britain is currently studying the possibility of introducing new restrictive measures against international financial institutions that operate in this country.

News

BIS and Bank of England Complete CBDC Project

The pilot project of using the central bank’s digital currency (CBDC), in which the Bank of England (BoE) and the Bank for International Settlements (BIS) participated, has been completed.

Fintech & Ecommerce

Bank of England Finds New Use Cases for DLT in Synchronised Settlement

The Bank of England and the Bank for International Settlements announced the successful completion of a pilot project based on DLT.

News

Bank of England Says Stablecoin Use Need Limits

The Deputy Governor of the Bank of England, John Cunliffe, admitted that, with a high degree of probability, regulators will be forced to introduce restrictive measures regarding the possibility of using stablecoins to perform payment financial operations.

Finance & Economics

Bank of England Builds Its CBDC Team

The media reported that the central bank of England has begun to recruit a team of employees who will deal with the digital currency of this financial institution.

News

BoE Plans to Change SMB Lending

Bank of England has revealed its plans to change the capital treatment for small business (SMB) lending, calling for a more risk-based approach

News

Bank of England Launches CBDC Project

Bank of England launches design phase of its ‘digital pound’ project.

News

UK Inflation Falls for Second Consecutive Month

In the UK, a decrease in the inflation rate has been recorded for the second month in a row.

News

BoE Welcomes Applications for CBDC Wallet Proof of Concept but Developers Don’ t Rush

The Bank of England (BoE) is looking for a “proof of concept” for a wallet that can hold a Central Bank Digital Currency (CBDC), and support P2P and online payments

News

Queen’s death brings rebranding to British currency

The epoch of Queen Elisabeth II had come to an end, now British coins, notes, flags, and many more items face major rebranding

Blockchain & Crypto

Bank of England urges crypto regulation

The crypto market is falling apart, and only a widespread crypto regulation can maintain financial stability

Countries

UK withdraws paper £20 and £50: here’s when

The financial institution encourages people to spend them or deposit them at their bank ahead of this date

Countries

Bank of England unveiled design of new polymer banknote

The banknote will be issued on 23 June 2021, which coincides with Alan Turing’s birthday

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