Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central financial institution is planning to step up its efforts to manage...
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....
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
On Friday, the official fiat foreign money of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a...
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 Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework
The Bank of England has revealed that it’s engaged on sketching a regulatory framework for crypto property, in keeping with statements stemming from the central...
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
The Bank of England (BOE) raised the nation’s benchmark financial institution charge from 0.25% to 0.5% this week to be able to curb rampant inflation....