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

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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Debate Sharpens in US Over CBDC
Debate Sharpens in US Over CBDC
June 13, 2021  |  Cryptocurrency

The debate over central bank digital currencies sharpened a bit this past week in the marbled halls of the U.S. Congress. At a Senate Banking...

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Stablecoins Need Same Rules As Other Currency, BOE Says
Stablecoins Need Same Rules As Other Currency, BOE Says
June 07, 2021  |  Regulation

The Bank of England wants stablecoins to be governed by the same regulations as other payments handled by banks if and when they become widely...

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CBDC Report: UK Joins Asian Countries In Digital Currency Progress
CBDC Report: UK Joins Asian Countries In Digital Currency Progress
April 26, 2021  |  Cryptocurrency

Focus may be on China’s progress with the digital yuan — and whether the dollar’s dominance will be threatened — but in the last few...

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UK Task Force Looks At Benefits Of ‘Britcoin’ Digital Currency
UK Task Force Looks At Benefits Of ‘Britcoin’ Digital Currency
April 19, 2021  |  Cryptocurrency

The U.K.’s treasury chief, Rishi Sunak, has dubbed a possible digital pound the “Britcoin,” and said the Bank of England and the Treasury Department would...

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