(source: bankofengland.co.uk)
England’s central bank says AI may pose a risk to the country’s financial system. Bank of England Governor Andrew Bailey said Wednesday (Dec. 6) that banks and investors...
Regulators in the U.K. have unveiled their proposals for governing the use of stablecoins. The Bank of England (BOE) and the country’s Financial Conduct Authority (FCA) on Monday (Nov....
With technology increasing the risk of bank runs, central banks must ensure that banks maintain appropriate liquidity insurance. So said Andrew Hauser, executive director for...
The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...
Central banks worldwide are seeking lessons from the cost-of-living crisis, as they convene for their penultimate meetings of the year. The focus of their discussions...
England’s central bank is putting new banking reforms on hold until the summer of 2025. As the Financial Times (FT) reported Sunday (Sept. 24), the Bank of England’s (BOE)...
England’s central bank is reportedly being pressured to forestall new capital requirements. That pressure, the Financial Times reported Sunday (Aug. 6) is coming from the British finance...
As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...
When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Boring implies...