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.
Bank of England - page 2
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.
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.
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.
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
Bank of England Launches CBDC Project
Bank of England launches design phase of its ‘digital pound’ project.
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.
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
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
Bank of England urges crypto regulation
The crypto market is falling apart, and only a widespread crypto regulation can maintain financial stability
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
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
UK economy could face biggest downgrade in 300 years
The COVID-19’s pandemic forced governments to block economic activity to contain the virus
Here’s how climate change might affect global financial industry
The sustainable finance market is expected to require up to $6 trillion of capital in the nearest future
Six central banks cooperate on digital currency
The group will closely interact with the Financial Stability Board and the Committee on Payments and Market Infrastructures (CPMI)
2019 holiday shopping behavior in the UK revealed
A typical household spends over £800 extra in December
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