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Bank of England

Bank of England warns digital currency growth could pose financial stability risks
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17 December, 2021

Bank of England warns digital currency growth could pose financial stability risks

In a recent report, the bank said that digital currencies make up a small percentage of assets in the U.K.,...
Bank of England chief: Digital currency regulation a ‘matter of urgency’
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19 October, 2021

Bank of England chief: Digital currency regulation a ‘matter of urgency’

The Deputy Governor said the risks posed by stablecoins as well as decentralized and derivatives trading on unbacked assets, were...
UK House of Lords begins hearing on central bank digital currencies
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25 September, 2021

UK House of Lords begins hearing on central bank digital currencies

The upper house of the U.K.’s parliament, the Lords’ Economic Affairs Committee is calling for public submissions on whether a...
CBDC-related positions open up as Bank of England digital pound plans move forward
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5 May, 2021

CBDC-related positions open up as Bank of England digital pound plans move forward

Bank of England describes the new positions as geared towards “helping the team develop its priorities and exploratory work plan...
Bank of England establishes taskforce to explore CBDC
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21 April, 2021

Bank of England establishes taskforce to explore CBDC

The taskforce will coordinate exploration of the objectives, use cases, opportunities and risks of a potential CBDC, as well as...
Bank of England: Banks have to adjust to digital currencies
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18 November, 2020

Bank of England: Banks have to adjust to digital currencies

The Bank of England will not protect commercial banks against the impact of digital currencies, according to deputy governor Sir...
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