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Bank of England
UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.
Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.
Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase
The Bank of England is recruiting academics for its central bank digital currency engagement forum and asking stakeholders for more information.
UK's Central Bank Forges Ahead With Plans for a Systemic Stablecoin Regime
The U.K. recently passed the Financial Services and Markets Act 2023 into law, which gave the BoE powers to set up a systemic stablecoin regime.
Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
Payments Platform Nuggets Working With Bank of England on Privacy Layer for Digital Pound
The BofE said in February that a digital pound was likely needed, but that it will not make a decision on issuing one until at least 2025.
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit.
Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
The central bank governor also said regulators can't rule out central bank digital currencies as the U.K. explores a digital pound.
Bank of England Targets 30-Strong Team for Digital Currency: Report
Among the positions available are digital pound security architect and digital pound solutions architect.