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Bank of England News

The Bank of England is one of the main financial authorities and is the central bank of the United Kingdom. The Bank of England is the second-oldest bank in operation and the most influential of them, having served as a role model for other countries’ central banks. There are a lot of services provided by the Bank of England. For example, the Bank of England provides a quarterly inflation report that sums up all the results of monetary policies. The Bank of England is also in charge of economic growth forecasts and some other financial predictions and research. The Bank of England is the custodian of the gold reserves of the United Kingdom and the official gold reserves of around 30 other countries. The Bank of England is the banknote issuer of UK and has a contract with De La Rue plc. – an English banknote manufacturing company that prints all the modern banknotes of the UK.
News
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins.
Bank of England governor dismissed Bitcoin as a means of payment
Felipe Erazo
2020-09-03T16:27:00+01:00
13165
News
The Bank of England is keeping central bank digital currency research high on its 2020 agenda.
Bank of England Joins Key Roundtable on Central Bank Digital Currency Design
Marie Huillet
2020-08-18T10:11:00+01:00
14505
News
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to t...
Blockchain Firm Pitches CBDC Operating System to Bank of England
Samuel Haig
2020-06-12T20:45:00+01:00
4423
Analysis
It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh.
Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto
Andrew Singer
2020-04-01T16:29:00+01:00
6587
News
The Bank of England’s deputy governor has warned that stablecoin adoption could have profound implications for the money creation of national economies.
Bank of England Warns Crypto Adoption May Impact Credit Creation
Samuel Haig
2020-03-02T08:29:00+00:00
5018
News
The senior Bank of England official believes that regulators must act quickly to prevent major tech firms from using stablecoins to dominate the payments sector...
Bank of England Official: Central Banks May Lose Payments Race to Tech Companies
Samuel Haig
2020-02-24T16:36:00+00:00
2931
Use Case
Libra has gotten off to a spluttering start in the eyes of regulators. But could central banks swoop in and save the day?
What Role Should Central Banks Have Launching Stablecoins Like Libra?
Connor Blenkinsop
2019-10-21T13:13:00+01:00
2490
News
Mark Carney discussed the problems Libra must address prior to launch, while noting the problems it aims to solve, commenting that they do indeed need a solutio...
Bank of England Governor on Libra as a Solution to Financial Problems
Max Boddy
2019-07-12T03:25:00+01:00
5548

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