On January 25, the Bank of England (BoE) and HM Treasury published a response to the Consultation Paper regarding a ‘digital pound’ issued in February
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UK stablecoin regulation begins to take shape in multiple FCA, BOE documents
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.
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Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.
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Bank of England will get more power in regulating stablecoins
The United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator, the Financial Conduct Authority.
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BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
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BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
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