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Bank of England
Leaders of global CBDC projects talk shop in panel today
Central bank digital currency interest continues gaining global traction. As part of DC Fintech Week, a digital conference on the governmental side of the financial technology sector, several international leaders gathered for an Oct. 19…
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have…
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have…
Crypto traders cautious on Bitcoin price as rally to $11.7K goes sour
Traders are becoming cautious about Bitcoin price after repeated rejections at the $11,500 level following the recent rally. After the price of Bitcoin (BTC) achieved $11,720 on Binance, traders began to turn slightly skeptical on the…
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the…
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the…
Bank of England Governor Still Isn’t a Fan of Bitcoin
While central banks are embracing digital currencies, they still aren’t a fan of Bitcoin and other cryptocurrencies. The Bank of England’s recently-instated governor made that view clear just recently when he asserted that the…
BoE governor continues to assert Bitcoin has ‘little intrinsic value’
“It may have extrinsic value in the sense that people want it,” said Bailey. Bank of England Governor Andrew Bailey’s position on crypto apparently hasn’t changed despite the economic fallout of the pandemic in the…
Central banks detail CBDC expectations in massive joint document
The report is a major step towards pushing central bank digital currencies forward. With Central Bank Digital Currencies a point of focus across the globe, a number of countries' banking authorities have jointly produced a document…
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of…
