Bank of England
Bank of England to Ramp Up Talks on Crypto Rules as Data Is Hard to Find: Report
International cooperation is required to gather the information needed to evaluate crypto risks to the global financial system.
Week in Review: BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus, Only 10% of Bitcoin Left to Mine
Taking a look at this past week’s stories making waves in the cryptocurrency space: The Bank of England (BOE) delivering a surprise interest rate hike, the European Central Bank (ECB) announcing an end to the crisis-era asset purchase program, and bitcoin officially surpassing 90% of its available supply.
GlobalBlock CEO: ‘$500K Bitcoin in 5 Years’
GlobalBlock CEO Rufus Round discusses his bullish outlook for bitcoin as he maintains the cryptocurrency could blast beyond $500,000 per coin in the next five years and $75,000 per coin before 2022.
BOE Says Growth of Crypto Could Pose Risks for Financial Stability
The pace means the assets could pose risks to U.K. financial stability as they become more linked to the wider economy.
Bank of England Governor Touts CBDCs Over Stablecoins: Report
BoE chief Andrew Bailey said the bank wouldn’t be moving into the retail bank account business through a CBDC.
Bank of England and UK Treasury to Assess Case for a CBDC Next Year
The earliest time a digital pound could be rolled out is the second half of the decade.
Bank of England Says Crypto Has Grown to Twice the Size of Subprime Debt in 2008
The BoE’s deputy governor of financial stability said that crypto now potentially poses a risk to the global financial system.
Bank of England Deputy Governor Warns Crypto Could Cause 2008-Level Meltdown
Jon Cunliffe, the Bank of England’s deputy governor for financial stability, warns that cryptocurrencies could spark a global financial crisis. “The Hash” hosts challenge his arguments. “Crypto is not the problem,” host Naomi Brockwell said. “Crypto is the solution.”
Bank of England Says Crypto Regulation Needed as Risks Grow
The bank has taken a stronger line than in July, when it warned of a “spillover” into traditional markets.
