Mark Carney, one of the most prominent central bankers of the post-financial crisis era, has officially joined the digital payments company. Stripe has all but abandoned cryptocurrency payment solutions for the time being, but its founders are positive about the emerging industry.
The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features.
The heirs to the Bank of England may think they’re still leading, but their only options are to follow crypto or get out of the way.
Bank of England policymaker Andy Haldane believes a widely used digital currency could have a positive impact on financial stability.
Jon Cunliffe, one of the leaders of England's central bank, said banks must adapt to the changes brought on by digital assets.
“We will continue to explore the pros and cons of CBDC,” said Tom Mutton.
Central bank digital currency interest continues gaining global traction.
Traders are becoming cautious about Bitcoin price after repeated rejections at the $11,500 level following the recent rally.
“It may have extrinsic value in the sense that people want it,” said Bailey.
The report is a major step towards pushing central bank digital currencies forward.
Bitcoin hodlers could not ask for more, says Tone Vays as the U.K. central bank looks for protection against Brexit and coronavirus fallout.
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.
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins.
The Bank of England is keeping central bank digital currency research high on its 2020 agenda.
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 the Bank of England.