
UK to Test Blockchain Technology in Traditional Market Activities
The UK Finance Ministry announced that the country will start live testing blockchain technology for traditional market activities.
Central Bank Digital Currency Digital PoundThe UK Finance Ministry announced that the country will start live testing blockchain technology for traditional market activities.
Central Bank Digital Currency Digital PoundThe executive director for markets at the Bank of England is of the opinion that digital currencies could impact central banks balance sheets. Andrew Hauser delivered his speech at the Federal Reserve Bank of New York on the 1st of June. According to the executive, systemic central bank digital currencies (CBDCs) and stablecoins are capable []
CBDC Central Bank Digital Currency Central Bank Digital CurrenciesThe Bank of Englands executive director for markets Andrew Hauser acknowledged that a CBDC would be compatible with the central banks operations. He added that it would also be the first new type of central bank liability in centuries. The dog may be old, but it can still perform new tricks, Hauser said ahead of []
CBDC Central Bank Digital CurrencyFireblocks, which claims to be the industry leader focused on digital asset and crypto technology, announced that it has appointed the former Head of Fintech at the Bank of England, Varun Paul, as its new Central Banking Digital Currency (CBDC) and Market Infrastructure Director...
CBDC Central Bank Digital CurrencyDigital asset firm Fireblocks has appointed the former head of fintech at the Bank of England, Varun Paul, as its new central banking digital currency (CBDC) and market infrastructure director.
CBDCThe Financial Conduct Authority (FCA), the U.K.s top financial market regulator, has issued another warning targeting digital assets. The body maintains that it does not have regulatory oversight over digital assets investments and hence cannot provide investor protection. While declining to mention specific offenders, the FCA stated that the reminder had been necessitated by a []
Central Bank Digital Currency