Bank of England Archives

Bank Of England Leader Says ‘Banks Will Have To Adjust’ To Crypto

November 14, 2020

Bank of England leader says 'banks will have to adjust' to crypto. As reported by a Friday Reuters brief, Jon Cunliffe, one of the leaders of England's central bank said “Our job is not to protect bank busine...

Bank Of England Settlement Service To Support Potential Digital Currency

July 31, 2020

Bank of England settlement service to support potential digital currency. BoE must maintain the revamped gross settlement service (RTGS) in real time, the payment network U.K. has used. Financial entities, su...

Bank of England to Add CBDC Support to New Payment System

July 30, 2020

The Bank of England (BoE) is making its new payment settlement infrastructure compatible to support transactions with central bank digital currency (CBDC). The update by the crypto-centric news website Coind...

Bank of England Governor Warns Against Impact of CBDC on Fiat

March 12, 2020

Mark Carney, the outgoing governor of the Bank of England (BoE), warned on Thursday about the risks of a central bank digital currency (CBDC) on the existing monetary system. Reported by Reuters, the remarks...