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Bank of England

UK’s digital pound faces trust concerns and political opposition
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19 February, 2024

UK’s digital pound faces trust concerns and political opposition

As the U.K. edges closer to a general election, the digital pound is becoming a contentious political issue amid mounting...
BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’
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30 January, 2024

BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’

The Bank of England and the U.K. Treasury remain undecided about the necessity of a CBDC in the U.K. but...
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 House of Commons Committee urges more research on CBDC, voices concerns about costs
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6 December, 2023

UK House of Commons Committee urges more research on CBDC, voices concerns about costs

British officials believe CBDC would be a great boost in the United Kingdom, but its Treasury Committee calls for a...
UK legislators to central bank: Proceed with caution on CBDC
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5 December, 2023

UK legislators to central bank: Proceed with caution on CBDC

While they pledged support for a digital pound for promoting choice and sustaining access to central bank money, the MPs...
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