Bank of England


Markets

Stablecoins, CBDCs Don't Present Inherent Risk to Financial Stability: Bank of England Executive Says

Christina Segal-Knowles played down concerns that the traditional banking model would be undermined.

British pounds

Policy

Bank of England Releases Discussion Paper on Stablecoins, CBDC

The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.

The Royal Exchange. (QQ7/Shutterstock)

Videos

‘Britcoin?’ Bank of England Official Says UK Will ‘Probably’ Launch a CBDC

The U.K.’s central bank is reportedly considering launching a digital currency, called “Britcoin,” to maintain citizens’ confidence in the availability of public money. “The Hash” panel debates the utility of CBDCs and the privacy implications of central bank digital currencies.

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Policy

Bank of England Official: It's 'Probable' UK Will Launch a Digital Currency

Sir Jon Cunliffe expressed the concern that consumers may find stablecoins more attractive than bank offerings.

The Royal Exchange. (QQ7/Shutterstock)

Markets

Bank of England and HM Treasury Launch Taskforce for UK CBDC

This is the first sign the Bank of England exploring the launch of a CBDC following the release of a discussion paper in March 2020.

Bank of England

Markets

Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report

Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.

Bank of England

Policy

ECB's Lagarde Has 'Hunch' Digital Euro Will Launch in 2-4 Years

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

ECB President Christine Lagarde speaks about the prospects for a digital euro at an online forum.

Markets

Bank of England Governor Wants Global Regulations as Stablecoins Pick Up Steam

Bank of England Governor Andrew Bailey wants coordinated global regulation around stablecoins as the payment method picks up steam.

Bank of England Chief Andrew Bailey

Markets

Bank of England Building Payments Network to Support a Potential Digital Pound

CoinDesk has learned the Bank of England's new settlement system is being built so it can be forwards compatible with a digital currency.

(Shutterstock)

Markets

Bank of England Considering a Central Bank Digital Currency, Governor Says

The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.

The Bank of England