Bank of England
- Policies & Regulations
UK Crypto Advocates Urge Reworking of Stablecoin Oversight Plans
In November, the Bank of England (BoE) and the Financial Conduct Authority (FCA) released discussion papers outlining their regulatory plans…
Read More » - Government
UK’s Crypto Sandbox Set to Launch on January 8, What to Expect?
Starting January 8, 2024, the Financial Services and Markets Act of 2023 will take effect for companies engaged in or…
Read More » - Reports
Tokenization’s Unstoppable Surge: Bridging Assets and Innovation
Tokenization, the process of digitizing asset ownership on a blockchain, stands poised to revolutionize finance on a grand scale. Industry…
Read More » - Tokenization
Bank of England’s Cautionary Note on Asset Tokenization
The Bank of England‘s Financial Stability report recently highlighted concerns over the burgeoning trend of asset tokenization on blockchains, identifying…
Read More » - Companies
Goldman Sachs and BNP Paribas Spearhead $95M Funding Round for Blockchain Payment Firm Fnality
In a recent development, global investment powerhouse Goldman Sachs and French universal bank BNP Paribas have taken the lead in…
Read More » - Tokenization
Banque de France Governor Proposes Regional DLT Network for Tokenization in EU
Banque de France Governor François Villeroy de Galhau has proposed a regional approach to tokenization using distributed ledger technology (DLT)…
Read More » - Tokenization
Exploring the Potential of Tokenization in Finance: Bank of England Plans for the Future
Sir Jon Cunliffe, the deputy governor of the Bank of England, discussed the topic of tokenization at the Innovative Finance…
Read More » - Reports
CBDCs Gain Traction: Is the U.S. Dollar’s Dominance at Risk?
Central Bank Digital Currency (CBDC), a form of digital currency issued by a country’s central bank, is gaining popularity in…
Read More » - Global News
HSBC Acquires Silicon Valley Bank UK with Customer Deposits Protected
HSBC has acquired the UK division of Silicon Valley Bank, which collapsed recently. The UK government and Bank of England…
Read More » - Global News
New UK Prime Minister Rishi Sunak Pushes Heavily to Introduce CBDC
Under the UK’s presidency, the G7 announced that it is launching a set of public policy principles for retail, Central…
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