The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency (CBDC) …
BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’ Read More »
The growth in the European indices recorded an encompassing ripple effect that spread to other major Asia-Pacific markets. Indices in the European stock market opened …
European Indices Inch Forward as Investors Digests Economic Realities Read More »
Due to a strong quarter, Barclays “remains on track to deliver its 2023 targets, with all performance metrics in line with or ahead of guidance.” …
Barclays Reports 27% Rise in Net Profit for Q1 2023 Read More »
Bank of England Deputy Governor Sir Jon Cunliffe says that stablecoins have a critical role to play in the tokenization of money. In a new …
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 …
Gold Slides on Higher US Treasury Yields, Dollar – Bitcoin News Read More »
The researchers at Project Meridian identified several benefits of synchronization including reduction of risk, time, and cost invoked in settling a range of transactions. In …
Bank of England and BIS Completes Project Meridian for DLT Settlement Program Read More »
The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a blockchain-powered settlements system between the central banks. …
BIS, Bank of England concludes blockchain int’l settlements pilot Read More »
While the use of physical cash as a means of payment has been a long-term traditional finance method, crypto and digital payment infrastructures have gained …
Physical Cash Concerns Spring Up, Is Crypto Global Adoption Imminent? | Bitcoinist.com Read More »
Currently, the UK government is consulting on a new crypto regulation. Its goal is not only to minimize the risks posed by digital currencies but …
Bank of England deputy governor Sir Jon Cunliffe spoke at the Innovative Finance Global Summit in London on April 17 about the development of tokenization. …
Bank of England preparing for greater role of tokenization in finance, official says Read More »
