Bank of England News

The Bank of England is one of the main financial authorities and is the central bank of the United Kingdom. The Bank of England is the second-oldest bank in operation and the most influential of them, having served as a role model for other countries’ central banks. There are a lot of services provided by the Bank of England. For example, the Bank of England provides a quarterly inflation report that sums up all the results of monetary policies. The Bank of England is also in charge of economic growth forecasts and some other financial predictions and research. The Bank of England is the custodian of the gold reserves of the United Kingdom and the official gold reserves of around 30 other countries. The Bank of England is the banknote issuer of UK and has a contract with De La Rue plc. – an English banknote manufacturing company that prints all the modern banknotes of the UK.
News
“It may have extrinsic value in the sense that people want it,” said Bailey.
BoE governor continues to assert Bitcoin has little 'intrinsic value'
Turner Wright
2020-10-12T19:05:58+01:00
4140
News
The report is a major step towards pushing central bank digital currencies forward.
Central banks detail CBDC expectations in massive joint document
Benjamin Pirus
2020-10-09T08:00:00+01:00
7950
Markets News
Bitcoin hodlers could not ask for more, says Tone Vays as the U.K. central bank looks for protection against Brexit and coronavirus fallout.
Bank of England talks negative interest rates in best ‘ad’ for Bitcoin
William Suberg
2020-09-17T15:13:00+01:00
11461
Opinion
Russia’s new bill brings it in line with U.K. legislators, though there is a distinction between the approach of the FCA and the State Duma.
Could Russia lead Eastern Europe’s crypto boom?
Martyna Dudek
2020-09-06T16:00:00+01:00
8413
News
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins.
Bank of England governor dismissed Bitcoin as a means of payment
Felipe Erazo
2020-09-03T16:27:00+01:00
13075
News
The Bank of England is keeping central bank digital currency research high on its 2020 agenda.
Bank of England Joins Key Roundtable on Central Bank Digital Currency Design
Marie Huillet
2020-08-18T10:11:00+01:00
14323
News
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to t...
Blockchain Firm Pitches CBDC Operating System to Bank of England
Samuel Haig
2020-06-12T20:45:00+01:00
4347
Analysis
It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh.
Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto
Andrew Singer
2020-04-01T16:29:00+01:00
6509

Follow us on Facebook