This group is aimed at pooling the expertise of various academic fields relevant to the digital pound, encompassing areas such as monetary policy, finance, competition economics, industrial organisation, behavioural science, law, innovation theory, marketing, and business, according to a statement by the BoE.
DavinOverhaul in wake of SVB collapse could look at boost to cover for business accounts and more pre-funding for system
Financial TimesThe Bank of England believes that stablecoins need to be properly supervised to ensure financial stability.
cryptopotatoCan CBDCs and Bitcoin ever coexist? The Bank of England's CBDC lead Katie Fortune thinks so.
decryptOn Friday the Bank of England opened applications for suppliers to provide a sample wallet for a central bank digital currency (CBDC).
LedgerinsightsIronically, FTX was domiciled in the Bahamas, a former British colony, several of which remain deregulated offshore financial centers.
BeincryptoThe UK’s FMI Sandbox would initially focus on DLT-based securities settlement systems.
OthersThe Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and would continue to “respond forcefully, as necessary” to inflation.
OthersExecutives and experts from Google, Amazon, PayPal and ConsenSys will assist the Bank of England with its CBDC research.
CointelegraphThe regulator says it’s “committed to keeping pace” with the risks of “the growth of crypto assets,” upping its budget by $31 million in preparation.
Cointelegraph