News: Blockchain
October 29, 2024 / Blockchain, Digital
Finextra: Bank of England presses on with retail CBDC to plug bank innovation gap
The Governor of the Bank of England, Andrew Bailey has re-affirmed his support for a retail central bank digital currency, arguing that central banks are the "only game in town" as commercial banks lack the incentive to push for innovation.
Read More
Finextra: BofE and BIS develop tech to monitor stablecoin reserves
The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins' liabilities and their reserve assets.
Read More
Financial News: FCA reaches 100 crypto staff in digital assets hiring drive
The Financial Conduct Authority has bulked up its crypto staffing as it takes on new challenges in the digital asset space.
Read More
June 24, 2024 / Blockchain, Crypto
Crowdfund Insider: ClearBank Selected by Poundtoken for Banking Services, Will Hold Stablecoin Reserves at Bank of England
ClearBank announced it has been selected by Poundtoken to provide banking services, allowing it to hold its fiat-backed stablecoin reserves at the Bank of England.
Read More
Finextra: Wholesale, not retail, CBDCs more likely to be issued in near-term – BIS
Wholesale, not retail, CBDCs more likely to be issued in near-term according to the Bank for International Settlements – BIS.
Read More
June 5, 2024 / Blockchain, Digital
Blockchain Magazine: Deutsche Bank Bets on Blockchain to Bolster Profits Amidst Industry-Wide Squeeze
Deutsche Bank is expanding its use of blockchain.
Read More
CIO: 10 most difficult-to-fill IT roles — and how to address the gap
Not too many surprises here in key roles that are hard to fill.
Read More
May 10, 2024 / Blockchain, Digital
Investment Executive: U.S. banks undertake blockchain experiment
U.S. banks are undertaking a blockchain experiment.
Read More
Finextra: US falling behind peers on CBDC progress, warns think tank
This is not surprising given the current political environment in the US at the moment.
Read More
January 29, 2024 / Blockchain, Crypto
The Hill: Trump vows to block creation of digital dollar
The fact that he does not have a clue what it is probably explains his stance.
Read More