Español
PortuguêsH2: UK MPs may not pay heed to Bank of England’s crypto warnings Contrary to recent crypto warnings by the Bank of England (BoE), reports claim that a growing number…
Continue ReadingBitcoin expert Max Keiser has said that the Bank of England (BoE) will scramble to buy Bitcoin before the digital asset trades at $1 million. His comments come after Bank of England’s…
Continue ReadingCornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the…
Continue ReadingBank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter…
Continue ReadingThe central bank official spoke about the risks that cryptocurrencies and stablecoins may pose when connected to traditional financial systems through individuals, financial institutions, hedge funds and banks. Jon Cunliffe,…
Continue ReadingThe Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and…
Continue ReadingExecutives and experts from Google, Amazon, PayPal and ConsenSys will be assisting Britain’s central bank with its CBDC research. The United Kingdom’s central bank is ramping up its research into…
Continue ReadingIn a recent survey, British adults expressed concerns of personal privacy and government interference on the prospect of a government-backed digital currency. The results of a recent survey undertaken by…
Continue ReadingNigel Green has reportedly commented on the UK’s new CBDC initiative, remarking how it might backfire and help propel Bitcoin adoption. Nigel Green, CEO of independent financial advisor and asset…
Continue ReadingBank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability…
Continue Reading“While I believe in the power of new technology, we also need to manage its impact on our economy and society,” said Rishi Sunak. Rishi Sunak, chancellor of the Exchequer…
Continue ReadingBank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free…
Continue ReadingThe Bank of England’s executive director of the Financial Market Infrastructure Directorate says that stablecoins are hardly “launching us off into some brave new world.” There has been much commotion…
Continue ReadingThe Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank digital currency. The Bank of…
Continue Reading