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Blockchain Applied  •  
February 19-20, 2019

# Bank of England News

Huw van Steenis, the senior advisor to Bank of England (BOE) Governor Mark Carney believes that cryptocurrencies “fail fundamental tests” to compete with the traditional financial market institutions, reports Bloomberg on January 21, 2019. Cryptocurrencies Aren’t a Great Unit of Exchange Cryptocurrency proponents the world over are banking on the...
July 26, 2018 by at Bitcoin, Blockchain, Finance, News
The Bank of England has stated that a revamped payment system currently under development will offer integration and support for fintech firms using blockchain technology. The pronouncement, which the UK’s central bank made on July 23, 2018, will come as a welcome fillip to the British cryptosphere and encourage further...
Owing to the “Wild West” days- meaning no laws or regulations present - of the cryptocurrency market, Ripple, the world’s third largest digital currency, has encouraged the British regulators to follow Japan’s example of the implementation of new rules to end any crypto-frauds. Crypto-Markets Need Regulations The UK regulators were...
March 24, 2017 by at Altcoins, Finance, News, Tech
The Bank of England (BoE) recently posted a press release announcing that its FinTech Accelerator launched a new community which brings together FinTech-related organizations. On March 17 the BoE posted on its official website a press release where it states its Fintech Accelerator was launching a new community to share...
October 10, 2016 by at News, Regulation
Not too long ago, the Bank of England mentioned how they were looking into issuing their own digital currency. While this seemed like an intriguing idea, the institution has abandoned the concept, for now. The group feels there will be no “extreme revolution taking place” to warrant future development of...
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