Bank of England


Policy

Bank of England and UK Treasury to Assess Case for a CBDC Next Year

The earliest time a digital pound could be rolled out is the second half of the decade.

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Finance

Bank of England Says Crypto Has Grown to Twice the Size of Subprime Debt in 2008

The BoE’s deputy governor of financial stability said that crypto now potentially poses a risk to the global financial system.

The Bank of England

Videos

Bank of England Deputy Governor Warns Crypto Could Cause 2008-Level Meltdown

Jon Cunliffe, the Bank of England’s deputy governor for financial stability, warns that cryptocurrencies could spark a global financial crisis. “The Hash” hosts challenge his arguments. “Crypto is not the problem,” host Naomi Brockwell said. “Crypto is the solution.”

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Policy

Bank of England Says Crypto Regulation Needed as Risks Grow

The bank has taken a stronger line than in July, when it warned of a “spillover” into traditional markets.

The Bank of England (Credit: Wikimedia Commons)

Finance

Bank of England Unveils CBDC Forum Members, Including Reps From Asos, PayPal and Spotify

The formation of two forums was announced in April to explore a potential UK CBDC that would exist alongside cash and bank deposits.

The Royal Exchange. (QQ7/Shutterstock)

Videos

Bank of England to Intervene on Digital Currency ‘Programming’

“The Hash” panel discusses the specifics, reactions, and implications for the Bank of England reportedly telling its ministers to decide whether a central bank digital currency (CBDC) should be “programmable,” allowing the issuer to control the way the recipient spends it.

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Policy

UK Parliament’s House of Lords Launches CBDC Inquiry

The deadline for responses on a possible U.K. central bank digital currency is mid-October.

U.K. Houses of Parliament (TTStudio/Shutterstock)

Markets

Bank of England Warns of Crypto Spillover to Mainstream Markets

The BOE says growing interest in cryptoassets by institutional investors, banks and payments operators is a concern.

Bank of England

Policy

Bank of England: Any UK CBDC Will Be 'Tens of Thousands' Times More Efficient Than Bitcoin

The fintech lead at U.K.’s central bank urged eco-conscious citizens not to “throw the blockchain baby out with the bitcoin bathwater.”

Bank of England