Bank of England Deputy Governor: FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation
Bank of England’s deputy governor for monetary stability, Sir Jon Cunliffe, says the collapse of cryptocurrency alternate FTX has highlighted the pressing want for tighter...
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
On Nov. 3, 2022, the Bank of England adopted the U.S. Federal Reserve by codifying the eighth consecutive benchmark financial institution charge hike by 75...
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October
After the British pound sterling tapped an all-time low towards the U.S. greenback on September 26, the Bank of England (BOE) mentioned it will halt...
Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Government Bonds
Following the extraordinarily unstable European markets throughout the previous few days and the euro and pound dropping quickly in opposition to the U.S. greenback, the...
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
The world’s oldest fiat foreign money, the British pound sterling, slid to an all-time low towards the U.S. greenback at a bit after 1 a.m....
Bank of England Analysts See Crypto Having Important Roles within the Metaverse — Discuss the Need for Regulation
Bank of England’s analysts say crypto property might have vital roles inside the metaverse. “Widespread adoption of crypto within the metaverse … would require compliance...
Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’
Bank of England’s deputy governor for monetary stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very weak to sentiment and liable to collapse.” He...
Bank of England: Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks
The Bank of England says “excessive volatility” within the crypto market “underscores the necessity for enhanced regulatory and legislation enforcement frameworks.” The British central financial...
Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’
The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He...
Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment
The governor of the Bank of England, the British central financial institution, says bitcoin has no intrinsic worth and the cryptocurrency isn’t appropriate as a...