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Andrew Bailey

Bank of England Governor supports wholesale and retail CBDCs
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6 November, 2024

Bank of England Governor supports wholesale and retail CBDCs

At the Group of Thirty's 39th Annual International Banking Seminar, BoE Governor Andrew Bailey emphasized the need to modernize payment...
Bitcoin is not inefficient—Bank of England boss is wrong
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16 January, 2024

Bitcoin is not inefficient—Bank of England boss is wrong

Let's address the claim that "Bitcoin is inefficient," this is only true if one mistakenly assumes that BTC—which trades as...
Bank of England head tells Parliament Bitcoin is ‘pretty inefficient’
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15 January, 2024

Bank of England head tells Parliament Bitcoin is ‘pretty inefficient’

The Bank of England takes aim at Bitcoin as a payment method, with Governor Andrew Bailey calling it "inefficient," while...
UK update: CBDCs, tokenized bank deposits, and self-sovereign identity systems in play
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14 July, 2023

UK update: CBDCs, tokenized bank deposits, and self-sovereign identity systems in play

In the past week, the U.K. has been moving quickly with innovations related to digital currencies, blockchains, and financial innovation...
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