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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
Mark Carney thinks that while regulators will have to be satisfied, Facebook users will want a cheaper way of moving money.
Facebook Libra Cryptocurrency Has Its Uses, Says Bank of England Governor
William Suberg
2019-06-19T10:54:00+01:00
7426
News
Senior adviser to Bank of England Governor Mark Carney said that cryptocurrencies are slow, lack value and fail basic financial tests.
Bank of England Adviser: Cryptocurrencies Fail Basic Financial Tests, Lack Value
Ana Berman
2019-01-21T22:28:00+00:00
5802
News
The Bank of England asked Twitter users to choose how they would want to receive money for Christmas, and most chose digital currency.
70% of Respondents Prefer Being Gifted Money in Digital Currency, Survey
Max Yakubowski
2018-12-20T22:45:00+00:00
6194
News
A report from the U.K. Cryptoassets Taskforce has proposed new regulations for cryptocurrencies, particularly on CFDs and futures that reference cryptoassets
UK: Gov’t Taskforce Proposes Crypto Regulation Changes, Questions Crypto Definition
Ana Alexandre
2018-10-29T21:52:00+00:00
6229
News
A deputy governor at the Bank of England has warned financial institutions to be wary when dealing with crypto assets.
Bank of England: Deputy Governor Warns Financial Institutions of Crypto Asset Risks
Molly Jane Zuckerman
2018-06-28T17:21:00+01:00
14086
News
The Bank of England will rebuild its Real Time Gross Settlement system to interface with platforms using distributed ledger technology.
Bank of England to Rebuild Settlement System to Interface with Blockchain Platforms
Ana Alexandre
2018-06-23T04:11:00+01:00
42148
News
The former FDIC Chair Sheila Bair thinks that the Federal Reserve needs to “get serious” about looking into issuing its own digital currency.
Ex-FDIC Chair: Current Monetary Tools ‘Inadequate’, Fed Should Consider Digital Currency
Molly Jane Zuckerman
2018-06-11T10:54:00+01:00
21426
News
Representatives from several central banks in Europe and one in Canada spoke at Money20/20 today about why fiat is not particularly threatened by crypto.
Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet
Molly Jane Zuckerman
2018-06-06T00:05:00+01:00
12076

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