bank of england

The Bank of England issued a research, which discusses the possibility of central bank creating its own cryptocurrency.

WEF: More Than 40 Central Banks Experimenting With Cryptocurrency
April 4th, 2019

A new report from the World Economic Forum indicates that over 40 banks are considering offering their own blockchain cryptocurrencies.

Davos 2019: Crypto is Not a Threat to Traditional Banks, Believe Bank of England’s Officials
January 22nd, 2019

According to Huw van Steenis, senior adviser to Bank of England Governor Mark Carney, cryptos have no value and fail fundamental tests of financial services.

Bank of England and Chain Release a Fintech Proof-of-Concept for Data Sharing
April 12th, 2018

With a view to enhance privacy of data sharing, the Bank of England and Chain are examining the DLT system opportunities.

Global Banking Institutions Remain Whimsical on their Stand on Cryptocurrencies
March 4th, 2018

Looking to the huge demand in the crypto space, several banks are now starting to offer investment and cold storage services for digital currencies.

The Bank of England Denied Creating Its Own Digital Currency
January 5th, 2018

The central bank has studied the cryptosphere and determined that creating its cryptocurrency may ruin the current model of the financial market.

Bank of England Looks Forward to Launch Bitcoin-Style Cryptocurrency This Year
January 2nd, 2018

The digital currency will be supported by decentralized distributed ledger mechanism and will be linked to Sterling.

‘Next-Gen UK Settlement System Will be Blockchain Compatible,’ Says Bank of England’s Governor
April 12th, 2017

The UK’s central bank has developed its own Proof of Concept ledger and will make the next version of its interbank payments system compatible with settlement in a distributed ledger.

Hyperledger Project Adds 11 New Members, Including Bank of England and Federal Reserve Bank of Boston
March 1st, 2017

Hyperledger Project continues to attract new companies, with the overall number of members now accounting for more than 120 organizations.

Bank of England Develops Bitcoin Alternative RSCoin
March 14th, 2016

RSCoin, developed in cooperation with two researchers from the University College of London, allows central banks maintaining complete control over monetary supply while providing strong transparency and auditability guarantees.

Bank of England Believes Distributed Ledger Technology to Revamp UK Payments System
January 29th, 2016

The central bank of the UK takes a reasonable approach to a distributed ledger study and adoption.