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Tag: Bank of England

Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates

A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced...

Bitcoin Steadies as Bank of England Suddenly Cuts Rates to 11-Year Low

The United Kingdom’s central bank has followed the Federal Reserve in suddenly cutting interest rates — by the most since 2009. As various news...

India Ban Overturned, BTC Owners Warned They’ll Lose Everything, Hodler’s Digest, Mar. 2–8

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes,...

Central Banks Are Exploring Blockchain — but For Their Own Reasons

Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has...

Switzerland’s Crypto Valley Association Head Says CBDC Is a Good Idea

In an exclusive interview with Cointelegraph, Crypto Valley Association President Daniel Haudenschild said that central bank digital currencies are “the next logical stage.”Haudenschild...

BoE Governor-Elect Torches Bitcoin, Says It Has No ‘Intrinsic Value’

Andrew Bailey, the Governor-elect of the Bank of England, has joined the ranks of global financial policymakers who believe that Bitcoin isn’t a...

Time for Crypto-Fame: Dirty Banknotes Could Spread Coronavirus Warns WHO

The World Health Organisation (WHO) has sent a warning across the globe that banknotes may be spreading the new coronavirus, so people...

Bank of England Warns Crypto Adoption May Impact Credit Creation

Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the...

From Adam Smith to the Glasgow Economic Forum 2020

What was the most important document published in 1776? Most Americans would probably say “The Declaration of Independence”. But many would argue that...

JPMorgan Says Blockchain Is Laying Foundations for Digital Money

JPMorgan released a report last Friday, detailing the global enthusiasm for blockchain technology in the financial sector.In the...

Speculation Undermines Crypto Prices and Utility, Says Bank of England Senior Economist

Speculation creates congestion on the blockchain that harms a cryptocurrency's utility and overall value, a senior economist at the Bank of England (BoE)...

Japan Investigating Digital Yen

In response to pressure from China, reports coming out of Japan claim that senior members of Japan’s Liberal Democratic Party want to create...

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