Bank of England | ForkLog

ForkLog 8 24.11.2021

Bank of England sees CBDC as the next step in the evolution of money

Around 20% of deposits by individuals and corporations could move to the digital national currency (CBDC). These estimates were provided by Deputy Governor John Cunliffe.

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ForkLog 9 14.10.2021

Bank of England calls Bitcoin collapse a plausible scenario

The Bank of England has deemed a collapse of the cryptocurrency market a 'plausible scenario' and flagged the need for an 'urgent' development of a regulatory framework for digital assets. This was stated by Deputy Governor John Cunliffe.

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ForkLog 5 08.10.2021

Bank of England sees no serious threats to the country from cryptocurrencies

Cryptocurrencies do not yet pose a serious risk to Britain's financial stability, but as their influence grows, regulation will need to tighten. This is stated in the Bank of England's report.

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ForkLog 7 30.09.2021

Leaders of Visa, PayPal and Google to help UK authorities study CBDC

The Bank of England and Her Majesty's Treasury announced participants in forums to study the technological and other aspects of central bank digital currency (CBDC). Among them were representatives from Visa, Mastercard, SWIFT, PayPal, Google and other companies and institutions.

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ForkLog 23 01.07.2021

Bank of England predicts a transformation of banking models after CBDC issuance

The emergence of national digital currencies (CBDCs) will reduce the risk of financial crises by lowering banks' leverage. This view was voiced by the Bank of England's chief economist, Andrew Haldane.

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ForkLog 5 16.06.2021

BoE chief rejects parallels between bitcoin and money

Bitcoin has no intrinsic value, but stablecoins may occupy a niche in the financial system. This was stated by Bank of England Governor Andrew Bailey.

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ForkLog 6 07.06.2021

Bank of England weighs regulation of stablecoins

The Bank of England said that stablecoins should be subject to bank-payment rules.

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ForkLog 5 07.05.2021

Bank of England governor warns of risk of losing funds when buying Bitcoin

Cryptocurrencies have no intrinsic value, so investments in them carry significant risk, said Bank of England Governor Andrew Bailey.

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ForkLog 9 05.05.2021

British artist leaves new Bitcoin messages on Bank of England walls

The artist going by the handle Fraz continued the campaign in support of Bitcoin. New laser projections appeared on the Bank of England building.

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ForkLog 6 30.04.2021

Bank of England advertises vacancies for CBDC research group

The Bank of England posted seven vacancies in its CBDC research group.

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ForkLog 8 26.01.2021

Bank of England doubts Bitcoin’s long-term prospects

Existing cryptocurrencies lack a viable model to function as a long-term payments instrument, said Bank of England Governor Andrew Bailey at the World Economic Forum in Davos.

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ForkLog 6 19.11.2020

Bank of England urged to weigh the benefits of digital currencies

The Bank of England's chief economist, Andy Haldane, suggested that digital currencies could bolster financial stability. He said this at a conference hosted by TheCityUK.

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