Bank of England

The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.

Source: bankofengland.co.uk

A Cautionary Tale: Britain’s Long Path Toward a Central Bank Digital Currency and China’s Quick Rollout 
A Cautionary Tale: Britain’s Long Path Toward a Central Bank Digital Currency and China’s Quick...
November 10, 2021  |  CBDC

For central banks, there’s a long road between mulling a central bank digital currency (CBDC), defining the ramifications and launching it. It could take years,...

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Bank of England Governor Warns of Crypto Used in Cybercrime
Bank of England Governor Warns of Crypto Used in Cybercrime
November 08, 2021  |  Cryptocurrency

Bank of England Governor Andrew Bailey said surging cryptocurrency use is a boon for illicit activity, Reuters reported. “I’m afraid that the advent of digital...

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Bank of England’s Governor Says Cryptocurrencies Need Regulation
Bank of England’s Governor Says Cryptocurrencies Need Regulation
October 14, 2021  |  Cryptocurrency

Bank of England Deputy Governor Sir Jon Cunliffe is calling for the immediate regulation of cryptocurrencies, according to a Thursday (Oct. 14) report from BBC....

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Bank of England: Measures Needed to Manage Potential Crypto Risks
Bank of England: Measures Needed to Manage Potential Crypto Risks
October 11, 2021  |  Cryptocurrency

Both local and international regulations are needed to manage risks associated with cryptocurrencies, the Financial Policy Committee (FPC) of the Bank of England said, according...

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Bank of England: One-Third of UK SMBs ‘Highly Indebted’
Bank of England: One-Third of UK SMBs ‘Highly Indebted’
October 08, 2021  |  Debt

England’s central bank has issued a new report warning of a rise in small business failures in the U.K. by the end of 2021, saying...

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BoE Enlists Payments, FinTech Firms to Study CBDC
BoE Enlists Payments, FinTech Firms to Study CBDC
September 29, 2021  |  CBDC

The Bank of England has staffed two third-party working groups, which will provide input as the central bank looks into a central bank digital currency...

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Bank of England’s Red Flags on Banks’ Data May Have Open Banking Ripple Effects 
Bank of England’s Red Flags on Banks’ Data May Have Open Banking Ripple Effects 
September 14, 2021  |  Bank Regulation

They say a chain is only as strong as its weakest link. Extending that logic a bit, it follows that open banking, underpinned by data, is...

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Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
June 14, 2021  |  News

In today’s top news, China is targeting data control in its latest Big Tech regulations, and a hike in identity fraud has delayed many tax...

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Stablecoins May Face More Regulation In Banking  
Stablecoins May Face More Regulation In Banking  
June 14, 2021  |  Cryptocurrency

Digital currency has a long way to go before it is ubiquitous. And for stablecoins — not to be confused with digital fiat – the...

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