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UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE

UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE

The United Kingdom’s Treasury Department has announced it is drafting private stablecoin regulation while it continues central bank digital currency (CBDC) research.

Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin

Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin

Bitcoin bull Peter McCormack has slammed the narratives of Andrew Bailey, the Governor of the Bank of England (BOE) regarding Bitcoin and cryptocurrencies.

Bank of England Teams up with MIT on CBDC Research Project

Bank of England Teams up with MIT on CBDC Research Project

To delve deeper into the opportunities, risks, trade-offs, and potential technical challenges faced when developing a CBDC system, the Bank of England has joined hands Massachusetts Institute of Technology on a year-long research project.

UK Group to Run Pilot Retail CBDC, Providing Data to Bank of England

UK Group to Run Pilot Retail CBDC, Providing Data to Bank of England

The private consortium, called the Digital FMI Consortium, will carry out a real-world CBDC pilot with a ‘digital pound’ (dSterling).

Bank Of England Accepts CBDC Wallet "Proof Of Concept" Applications

Bank Of England Accepts CBDC Wallet "Proof Of Concept" Applications

The Bank of England (BOE) wants a "proof of concept" for a Central Bank Digital Currency wallet (CBDC). The wallet must trade value and solicit payments. The BOE wants a CBDC by 2030.

BoE's Committee Recommends Taking a Closer Look on Crypto Regulation

BoE's Committee Recommends Taking a Closer Look on Crypto Regulation

In its latest Financial Stability Report, the Financial Planning Committee (FPC), an offshoot of the Bank of England has recommended pushing for an ‘enhanced’ regulatory framework.

Following Market Crash, BoE Governor Says Crypto Has No Intrinsic Value

Following Market Crash, BoE Governor Says Crypto Has No Intrinsic Value

Bank of England governor Andrew Bailey once again raised a warning on cryptocurrencies after the latest market slide, arguing that cryptocurrencies are not a practical means of payment, even though he considers blockchain technology undoubtedly important.

Bank of England Solicits Funds to Enhance Crypto Crackdown

Bank of England Solicits Funds to Enhance Crypto Crackdown

The Bank of England, through the Prudential Regulation Authority (PRA), is looking to raise as much as £321 million ($419 million) from the commercial institutions as it is planning to shore up its regulatory efforts in the digital currency ecosystem.

Bank of England Outlines Framework for Regulating Crypto Assets

Bank of England Outlines Framework for Regulating Crypto Assets

The Bank of England has announced a notice outlining securities law requirements that apply to cryptocurrency trading and how they may be tailored for the crypto’s business model.

Crypto Can Stir Radical Improvements in Financial Services: BoE Deputy Gov

Crypto Can Stir Radical Improvements in Financial Services: BoE Deputy Gov

Deputy Governor of the Bank of England, Sir John Cunliffe has pointed out that cryptos are viable enough to push “radical improvements in financial services.”

BOE Governor: Bitcoin and Trending Cryptocurrencies May not be Viable in the Future but Stablecoins Are the Exception

BOE Governor: Bitcoin and Trending Cryptocurrencies May not be Viable in the Future but Stablecoins Are the Exception

Speaking at the World Economic Forum, the Bank of England governor Andrew Bailey discussed how cryptocurrencies would fit in the current governance system.

Bank of England Chooses Accenture To Rebuild UK Payment System

Bank of England Chooses Accenture To Rebuild UK Payment System

Accenture has won a tender with the UK’s central bank to assist in building the UK’s new RTGS (real-time gross settlement) service.

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