The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC.
Read more
BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’
At a recent event, Tom Mutton, the Bank of England’s head of fintech, touted the privacy benefits of CBDCs while denouncing the anonymity of cryptocurrencies.
Read more
Gold Slides on Higher US Treasury Yields, Dollar
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of
Read more
BIS, Bank of England conclude DLT settlements pilot
The insights of Project Meridian would be used by the Bank of England in its real-time gross settlement system.
Read more
Bank of England preparing for greater role of tokenization in finance, official says
BoE deputy governor Sir Jon Cunliffe looked at stablecoin, CBDC and other forms of tokenization taking hold in the modern economy in a speech on
Read more
UK forms Bitcoin Policy org to boost BTC education and adoption
A Bitcoin-only policy organization in the United Kingdom seeks to steer a course for greater levels of Bitcoin adoption.
Read more