Ex-Fed Official: BoE Boss Barking Up Wrong Tree On Crypto
Going against the central bank grain Mark Carney has proposed a cryptocurrency akin to Facebook’s Libra crypto as a hedge against US dollar dominance. A former senior Federal Reserve...
BoE Governor Mark Carney Proposes Global Cryptocurrency
Governor of the Bank of England Mark Carney put forward the idea of replacing the U.S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The...
BoE Senior Advisor: Cryptocurrencies ‘Are a Threat’ But...
Live from a snow-covered World Economic Forum in Davos, the IMF cuts the global economic growth outlook by 3.5%, the lowest in three years. Senior adviser to the Bank of England Huw...
UK Poised to Lead Cryto and Blockchain Economies, New Report Claims
A new report claims that the United Kingdom is poised to become a leader in the blockchain technology and cryptocurrency economies. ‘The huge impact it undoubtedly will have in...
BoE: Cryptocurrencies Pose ‘Reputational Risks’
The Bank of England has reportedly cautioned City bosses away from implementing cryptocurrencies into their business plans — citing all the usual reasons one has probably come to...
Mark Carney: Bank of England Open to Idea of Central Bank Issued...
Mark Carney, the governor of the United Kingdom’s central bank – the Bank of England – spoke on a recent panel in Stockholm on the future of central banking where...
Bank of England Governor Admits ‘Cryptocurrency Not a Risk’
Bank of England’s governor, Mark Carney, held a speech at the Public Policy Forum’s Canada Growth Summit in Toronto, outlining that despite the ‘huge amount’ of illicit...
‘Central Bank Digital Currencies Could Destabilize the Global...
While the central banks of some countries are hoping to be a part of the virtual currency revolution, the Bank for International Settlements (BIS) is concerned about the repercussions...
Shocker! Cryptocurrencies Are ‘Failing,’ UK’s...
Canadian economist Mark Carney — who also serves as the Governor of the Bank of England and Chairman of the G20’s Financial Stability Board — has called for greater...
Bank of England Governor: Bitcoin Has ‘Failed’ as a...
On the back of Bitcoin’s recent correction and subsequent push back towards the $12K mark, long-time Bitcoin nonbeliever Mark Carney claims that the dominant cryptocurrency has...
Bank Of England: We’re ‘Not Planning’ To Issue A UK...
The UK’s central bank, the Bank of England (BoE), has confirmed it is “not planning” to adopt a state-sponsored cryptocurrency. Understanding ‘Implications’ In new...
Bank of England May Issue Its Own Cryptocurrency
The Bank of England is compiling a report that may lead to it issuing its own cryptocurrency that would cut out the need for high street banks. While Bitcoin and its cryptocurrency...