The United Kingdom has been hit by surging inflation figures. According to data published by the UK Office for National Statistics (ONS), the inflation rate is at a 10-year high. …
MoreTag: Bank of England
BoE deputy governor Sir Jon Cunliffe says cryptos could pose a danger to the financial system
Bank of England (BoE) deputy governor Sir Jon Cunliffe has warned that the rapid growth of cryptocurrencies could pose a serious threat to the established financial system. In an interview …
More
Bank of England To Criticize Cryptocurrencies Considering CBDC
The Governor of the Bank of England, Andrew Bailey, made the organization’s current position on cryptocurrencies clear in a recent press conference. When asked about the incredible year that the …
More
UK government creates central bank digital currency task force
Her Majesty’s Treasury and the Bank of England have begun preliminary central bank digital currency studies that could result in the creation of a national digital currency. In a document published …
More