Bank of England

UK United Kingdom British England Flag (Unsplash)
Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
UK United Kingdom British England Flag (Unsplash)

The Bank of England (Camomile Shumba / CoinDesk)
Payments Platform Nuggets Working With Bank of England on Privacy Layer for Digital Pound
The BofE said in February that a digital pound was likely needed, but that it will not make a decision on issuing one until at least 2025.
The Bank of England (Camomile Shumba / CoinDesk)

Francesca Hopwood Road, head of the BIS Innovation Hub London Centre / BIS
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.
Francesca Hopwood Road, head of the BIS Innovation Hub London Centre / BIS

Bank of England Deputy Governor Jon Cunliffe (Camomile Shumba/CoinDesk)
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit.
Bank of England Deputy Governor Jon Cunliffe (Camomile Shumba/CoinDesk)

Bank of England Governor Andrew Bailey (WPA Pool/Getty Images)
Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
The central bank governor also said regulators can't rule out central bank digital currencies as the U.K. explores a digital pound.
Bank of England Governor Andrew Bailey (WPA Pool/Getty Images)

The Bank of England is reportedly hiring 30 people to develop a national digital currency. (Camomile Shumba/CoinDesk)
Bank of England Targets 30-Strong Team for Digital Currency: Report
Among the positions available are digital pound security architect and digital pound solutions architect.
The Bank of England is reportedly hiring 30 people to develop a national digital currency. (Camomile Shumba/CoinDesk)

The Bank of England's Jon Cunliffe (Ben Pruchnie/Getty Images)
DLT Not Efficient Enough to Power CBDCs: BOE’s Cunliffe
The Bank of England is experimenting with tokenizing assets for real estate sales as well as developing a digital pound, lawmakers were told.
The Bank of England's Jon Cunliffe (Ben Pruchnie/Getty Images)

(Sylvain Sonnet/Getty Images, modified by CoinDesk)
Here Comes ‘Britcoin’
The Bank of England and HM Treasury take another step towards a U.K. CBDC.
(Sylvain Sonnet/Getty Images, modified by CoinDesk)

Bank of England Deputy Governor Jon Cunliffe (Camomile Shumba/CoinDesk)
Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says
The central bank has made no decision on whether a digital pound would use distributed ledger technology, Deputy Governor Jon Cunliffe said.
Bank of England Deputy Governor Jon Cunliffe (Camomile Shumba/CoinDesk)

Bitcoin Holding Steady Near $23K
Bitcoin Holding Steady Near $23K
The Crypto Trader author Glen Goodman discusses his outlook for bitcoin (BTC) as the largest cryptocurrency by market capitalization holds firm at around $23,000 following a s...
Bitcoin Holding Steady Near $23K