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...
Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB
In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB...
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 Digital Currency
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...
UK’s New Taskforce Means Cryptocurrency is Here to Stay
The United Kingdom is ready to release the hounds on the cryptocurrency market, with a task force set to investigate both the benefits and the risks of digital currencies. Taking...
G20 Set to Determine if Cryptocurrencies Should be Defined as Assets
Cryptocurrencies, or at least defining the term, seem to be a hot topic at the current G20 summit. In fact, it seems that the group is pushing to define them as assets and not...
Never Mind The Bitcoins: Carney Tells G20 Cryptoassets ‘Pose No Risk’
The head of the Bank of England Mark Carney has told members of the G20 that cryptoassets “do not pose risks to global financial stability.” Carney: Crypto Is No Match For Credit...
Square Merchants Love Bitcoin! New Survey Shows More than 60% Would Accept BTC in Lieu of USD
According to a new study, more than 50 percent of retailers utilizing Square Inc.’s checkout technology would be willing to accept Bitcoin (BTC) as a form of payment. Bitcoin...
Will Cryptocurrency Replace National Currencies By 2030?
While individuals like Mark Carney – a Canadian economist who serves as Governor of the Bank of England and Chairman of the G20’s Financial Stability Board – claim...
Shocker! Cryptocurrencies Are ‘Failing,’ UK’s Central Banker Says
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...