Some of the most important central banks in the world are forming a commission that attempts to explore crypto assets, specifically their potential use cases and the creation of central bank digital currencies (CBDC) in their respective jurisdictions.
According to the annual economic report…
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Bank of England
Bank of England warns of risk in Europe on Brexit case
The Bank of England argues that the financial market across Europe may be affected and even destabilized if the UK leaves the European Union without reaching an agreement on Brexit. The entity also announced the launch of loans in euros to…
The British economy is not ready for a brexit without agreement
The governor of the Bank of England, Mark Carney, indicated that "although many companies intensify their preparations, the British economy as a whole is not yet ready for an exit without agreement and without transition".
The Bank of…
Cryptocurrencies are the favorite gift this Christmas
In the Christmas season the most common gifts are clothing, accessories, jewelry or decorative items. Nowadays, the clients' preference is to receive cryptocurrencies. This is the conclusion reached by a survey of the Bank of England…
Head of the Bank of England seeks Brexit success
The Ministry of Finance of the United Kingdom reported that Mark Carney, head of the Bank of England, agreed to extend his mandate in the institution until January 2020.
According to the letter written by the finance minister, Philip…
BOE reiterates support for its own cryptocurrency
Mark Caney, director of the Bank of England (BOE) recently issued a statement in which he reiterated his support for the idea of creating a cryptocurrency backed by the bank (CBDC).
During the Riksbank conference in Switzerland, Caney…