A Bank of England official has warned banks and other financial firms about exposure to cryptocurrency-related assets in a letter.
Central Banks Will Jump-Start the Decentralization of Money
While the thought may disappoint cypherpunks, the first step of a transition toward a true “money of the people” will be implemented by central banks.
Bank of England Eyes Regulatory Oversight of Private Blockchain Data
The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.
Bank of England to Test DLT Use in New Settlement System
The Bank of England has launched a proof of concept that will explore DLT-compatibility with its real time gross settlement service.
UK Government Announces New Cryptocurrency Research Effort
The U.K. government will launch new research aimed to explore the potential risks posed by cryptocurrencies, a minister has said.
Carney On Eve of G20: Cryptos Don’t Pose Risks to Financial Stability
A group of central bank regulators and government ministers said Sunday that cryptocurrencies don’t pose a risk to global financial stability.
UK Central Bank to Clamp Down on Crypto Money Laundering
The head of the Bank of England has said that the institution will step up its efforts to combat cryptocurrency money laundering.