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Andrew Bailey

Bitcoin is not inefficient—Bank of England boss is wrong

Editorial

Gavin Lucas

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’

Business

James Field

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

Business

Gavin Lucas

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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Jon Southurst

24 Nov 2025

Andrew Bailey

Bitcoin is not inefficient—Bank of England boss is wrong

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

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

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Trending

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Bring the dragon to the battlefield!

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US digital asset market structure bill won’t get a vote until 2026