The Bank of England (BoE) has announced plans to introduce a full regulatory framework for stablecoins by the end of 2026, a move that could cement the UK’s ...
The data front remains relatively quiet; however, keep an eye on the UK CPI inflation data for September, which will likely determine whether a Bank of England rate cut will be considered in November.
Global regulators are in talks about overhauling rules on banks’ crypto holdings due to come into force next year after the ...
Bank of England Governor Andrew Bailey said stablecoins could thrive in a system that separates money from credit, reducing the UK’s reliance on commercial banks. Bank of England (BoE) Governor Andrew ...
The ECB is leading on technical design and implementation, but it will only introduce the digital euro once supporting ...
Risk aversion blew through foreign-exchange markets in Asia on Wednesday, but had all but dissipated by the end of the European morning, with the safe-haven yen and Swiss franc erasing gains and most ...
The Governor of the Bank of England, Andrew Bailey, has softened his sceptical views on the future of stablecoins in the UK, saying it would be wrong to dismiss the cryptocurrency “as a matter of ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The BofE has been privately urging the banking industry to ...
UK crypto and payments groups urged the Bank of England to drop plans to cap individual stablecoin holdings, claiming the move would be costly and hard to enforce. United Kingdom-based cryptocurrency ...
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