Tag "Bank of England"
Bank of England Establishes a Digital Currency Taskforce
The Bank of England and the UK Treasury have announced the joint creation of a taskforce to coordinate the exploration of a potential Central Bank Digital Currency (CBDC). A CBDC would be a new form of digital money issued by
Read MoreCentral Bank Group Including SNB Assess Cases For Central Digital Currencies
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experience as
Read MoreBrexit: How Will It Affect London as a Global Fintech Hub?
As the clock starts ticking closer and closer toward the inevitable Brexit, questions are being raised about London’s position as a global fintech hub. Simon Briskman, partner at the international law firm, Fieldfisher was of the opinion that funding was
Read MoreBlockchain Technology – Opportunities and Challenges- Speech by Deutsche Bundesbank
Keynote Speech at the 6th Central Banking Workshop 2016 by Carl-Ludwig Thiele, Member of the Executive Board of the Deutsche Bundesbank. Introduction I would like to warmly welcome you to the 6th Central Banking Workshop. I am delighted that we
Read MoreBank of England Fintech Accelerator Partners with PwC on distributed ledger Proof of Concept
A team of PwC’s specialists in DLT and testing worked alongside the Bank to design and carry out a Proof of Concept to investigate the capability of distributed ledger technology – which creates a single shared view of transactions, allowing
Read MoreCentral Banks Face Bitcoin Pressure
Given that the ‘distributed ledger’ technology upon which Bitcoin has been developed allows a payment system to operate without the need for intermediaries such as central banks, it is looking increasingly likely that the financial system is set to undergo
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