Bank of England Continues its CBDC Research
January 22, 2020
Crypto
Central bank digital currencies are a topic of massive debate. Several governments see merit in this concept, whereas others will try to steer away from it. Bank of England …
Tag: Bank of England
Poland Buys Back 100 Tons of Gold From the Bank of England
November 27, 2019
Finance
Poland is one of the world’s biggest producers of gold. In a new turn of events, the government decided to flex its financial muscles through an intriguing acquisition. Most …
Bitcoin Price Watch: Currency Drops to $7,300
At press time, bitcoin is trading for just over $7,300. This is a near $200 drop over the last 24 hours, and the bears are still having their way. …
Bitcoin Price Watch: A $300 Drop is in the Books
Bitcoin’s price incurred a slight fall during today’s early morning hours. After trading at just under $9,000 for most of yesterday, bitcoin is down to around $8,600 at press …
Bank of England Cancels Plans to Issue a Digital Currency
Central banks all over the world are looking for ways to counter the Bitcoin “threat” these days. Although the issuance of Bitcoin regulation will not do much in this …
Bank of England Future-proofs its Payment System By Ensuring Blockchain Compatibility
Bank of England is building up a reputation in the world of the blockchain. To improve their payment system, the institution is planning to upgrade their technology by 2020. …
Deteriorating UK Economy Signals Time for Plan Bitcoin
Things are only getting worse for the United Kingdom, by the look of things. As many people expect, the Bank of England decided to cut interest rates in half, …
Bank of England Considers Rates Cut To Thwart Recession Threat
Although it is still too early to tell, it appears as if the Bank of England will cut its rates as of tomorrow. This move should alleviate some concerns …
EU Regulator Says Focus Shifting Away from Bitcoin to Blockchain
In a recent speech given at the Bank of England Conference on Fintech innovation, Executive Director of ESMA (European Securities and Markets Authority) Verena Ross, addressed the impact and …