Bank of England Governor says stablecoins fail basic tests of singleness and settlement…
BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’. Read this full report
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Bank of England
National CBDC may exist with stablecoins, says the Bank of England
Bank of England thinks digital pound can co-exist with private stablecoins. Read this full report
Next week Bank of England will release an update on CBDC
UK is ‘likely’ to need digital currency, says BoE and Treasury. Read this full report
Bank of England official says Defi is not decentralized
Bank of England policy committee member says DeFi isn’t decentralized. Read this full report
Bank of England research claims metaverse may lead financial instability
Crypto Use in Metaverse Could Threaten Financial Stability, Says BoE. Read This Full Report