Tagged: bank of england

September 16, 2026 @ 9:28 am By Omar Faridi  |  

A Bank of England official has suggested that the rapid rise of dollar-linked digital tokens could support broader use of the US currency and add to demand for American government debt, while also introducing new vulnerabilities if large numbers of holders seek to cash out… Read More

August 31, 2026 @ 12:50 am By Omar Faridi  |  

The UK government has moved to give the Bank of England a new formal duty to foster innovation in payment systems and new types of digital money, while keeping financial stability as its overriding priority. Announced on 27 August 2026, the change is intended to… Read More

August 17, 2026 @ 9:02 pm By Omar Faridi  |  

Polygon Labs has entered Phase 2 of the Bank of England’s Digital Pound Lab, collaborating with NOBO Finance and Dun & Bradstreet. The initiative focuses on examining near-instant cross-border settlement and portable credit identities for businesses, leveraging Polygon’s Open Money Stack technology. The Digital Pound… Read More

July 12, 2026 @ 6:07 am By Omar Faridi  |  

The United Kingdom’s financial authorities are set to implement a landmark supervisory framework starting next week, marking the first direct regulatory scrutiny of major technology and service suppliers that form the backbone of the country’s financial infrastructure. The Bank of England, Prudential Regulation Authority (PRA),… Read More

July 5, 2026 @ 7:05 pm By Omar Faridi  |  

During a recent discussion at the Natixis CIB Private Debt Forum, Bank of England Monetary Policy Committee member Catherine L. Mann outlined how recent geopolitical developments have reshaped her assessment of the UK economy and influenced her policy stance. She described an evolving picture marked… Read More

June 30, 2026 @ 9:09 am By Omar Faridi  |  

The Bank of England’s Money and Credit statistics point to a noticeable slowdown in mortgage activity, with net borrowing by individuals falling to £2.9 billion from £4.4 billion in April. KPMG UK also mentioned that mortgage approvals for house purchases declined to 56,200, down from… Read More

June 24, 2026 @ 10:07 am By JD Alois  |  

  The Bank of England has published proposed rules for privately issued stablecoins. This sector of Fintech may become the new, improved payment rails that provide instant transfers and payments at a lower cost than legacy providers. The rules have encouraged some participants in the… Read More

June 24, 2026 @ 1:34 am By Omar Faridi  |  

A recent working paper from the Bank of England sheds light on the complex dynamics between traditional banks and non-bank lenders in the UK’s unsecured lending market for small and medium-sized enterprises (SMEs). Authored by Negar Mohammadi Jazi and Felipe Netto, Staff Working Paper No…. Read More

June 23, 2026 @ 9:46 am By JD Alois  |  

The Bank of England has distributed proposed rules for the issuance of stablecoins, which have pleased some insiders. Chillimint co-founder and MD Andrew Jones says this is indicative that stablecoins are becoming a story more about trust than technology. ChilliMint is a consultancy focused on… Read More

June 22, 2026 @ 3:36 pm By JD Alois  |  

The Bank of England has posted an update on draft rules regarding stablecoins. The bank stated: “[This] marks a significant milestone in delivering a comprehensive UK regime for stablecoins. It sets a clear pathway for UK-issued, sterling-denominated stablecoins to operate at scale across a range… Read More

June 18, 2026 @ 12:48 am By Omar Faridi  |  

The Bank of England has released its latest quarterly Inflation Attitudes Survey for May 2026, conducted in partnership with Ipsos. This regular poll gauges how people across the UK view price changes, their forecasts for future inflation, and their opinions on the central bank‘s performance… Read More

June 8, 2026 @ 11:36 am By Omar Faridi  |  

The Bank of England (BoE) and the Financial Conduct Authority (FCA) have reaffirmed their commitment to coordinated supervision of the UK’s financial market infrastructures (FMIs). A joint statement released on 5 June 2026 highlights the effectiveness of their Memorandum of Understanding (MoU), which serves as the… Read More

June 4, 2026 @ 2:35 am By Omar Faridi  |  

KPMG UK has indicated that the latest Bank of England data on money and credit for April 2026 reveals a nuanced picture of household borrowing trends, with mortgage activity highlighting both resilience in parts of the housing market and growing pressures on affordability. KPMG UK… Read More

June 4, 2026 @ 12:34 am By Omar Faridi  |  

During a recent speech that was reportedly delivered on 2 June 2026 at the University of Derby Business School, Bank of England Deputy Governor Megan Greene highlighted the challenges posed by the latest energy price surge triggered by conflict in the Middle East. Titled “Here… Read More

May 19, 2026 @ 9:12 am By JD Alois  |  

The UK appears to be moving away from a debilitative approach to stablecoin utilization, part of a broader payments strategy. Last year, the Bank of England introduced a structure that required holding limits of £20,000 per individual and £10 million per business, and that at… Read More

May 18, 2026 @ 10:39 am By JD Alois  |  

Tokenization is quickly becoming commonplace, and it is vital that regulators and policymakers work in concert with both current industry participants and future firms that will eventually incorporate digital assets, including tokenized securities. The Bank of England and the UK Financial Conduct Authority issued a… Read More

May 18, 2026 @ 8:48 am By JD Alois  |  

The Bank of England and the Financial Conduct Authority (FCA) have issued a joint statement on tokenization and the wholesale market. The comment is described as a “shared vision” that has the potential to streamline markets while benefitting from additional functionality. The discussion is driven… Read More

May 13, 2026 @ 6:18 am By Omar Faridi  |  

The Bank of England has released the final report from its DLT Innovation Challenge 2025, a collaborative effort with the BIS Innovation Hub’s London Centre. Released recently this month, the document offers fresh practical insights into how distributed ledger technology could reshape wholesale payments and… Read More

May 10, 2026 @ 10:40 am By Omar Faridi  |  

During a recent address on May 8, 2026, the Bank of England Governor Andrew Bailey highlighted growing tensions in global cryptocurrency oversight, predicting a significant clash with American authorities on how to regulate stablecoins. Speaking at a Bank of England conference focused on financial imbalances,… Read More

May 6, 2026 @ 1:17 am By Omar Faridi  |  

KPMG UK noted in its latest commentary on the Bank of England’s March 2026 Money and Credit statistical release, KPMG UK has offered a nuanced assessment of the UK’s lending landscape. Karim Haji, Global and UK Head of Financial Services at KPMG, described an economy… Read More