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

British Finance Sector Wants Delay on New Capital Requirements
British Finance Sector Wants Delay on New Capital Requirements
August 06, 2023  |  Bank Regulation

England’s central bank is reportedly being pressured to forestall new capital requirements. That pressure, the Financial Times reported Sunday (Aug. 6) is coming from the British finance...

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BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
July 18, 2023  |  CBDC

As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...

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What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
July 17, 2023  |  Faster Payments

When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Boring implies...

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UK Could Make Overseas Banks Replace Branches With Subsidiaries
UK Could Make Overseas Banks Replace Branches With Subsidiaries
July 04, 2023  |  Banking

Great Britain’s central bank is considering new restrictions on international banks doing business in England. As the Financial Times reported Tuesday (July 4), the Bank...

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Quant Opens Blockchain Infrastructure Platform to Businesses
Quant Opens Blockchain Infrastructure Platform to Businesses
June 26, 2023  |  Blockchain

Blockchain-for-finance firm Quant has opened its infrastructure platform to business customers. The company’s Overledger Platform — used in the Bank of England and Bank for...

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UK Weighs More Protections for Uninsured Bank Depositors
UK Weighs More Protections for Uninsured Bank Depositors
April 27, 2023  |  Banking

British officials could reportedly allow uninsured depositors instant access to funds during banking failures. The U.K. Treasury and Bank of England are discussing whether some...

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Tokenized Deposits Gain Currency Around the Globe
Tokenized Deposits Gain Currency Around the Globe
April 24, 2023  |  Blockchain / Distributed Ledger

In the debate over stablecoins vs. cryptocurrencies, it may be tokenized deposits that wind up gaining ground. Tokenized deposits are tied to existing bank deposits;...

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UK Could Intro Crypto Laws Within 12 Months
UK Could Intro Crypto Laws Within 12 Months
April 18, 2023  |  Cryptocurrency

England could have laws governing the cryptocurrency sector in place within a year. That’s according to Andrew Griffith, economic secretary to the U.K. Treasury, who...

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Bank of England Hints at Limits on Stablecoin Payments  
Bank of England Hints at Limits on Stablecoin Payments  
April 17, 2023  |  Cryptocurrency

Rattled by the collapse of Silicon Valley Bank, the crypto winter of 2022, and unnerved at the prospect of crypto assets being widely used as...

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