Finextra: Bank of England to launch Digital Pound Lab
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
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Blockchain
PYMNTS: 5 Blockchain Projects the World’s Biggest Banks Are Behind
Blockchain has gone quiet from its peak a few years ago but there are a number of big bank backed projects going on.
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.
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.
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.
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.
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.
Blockchain Magazine: Deutsche Bank Bets on Blockchain to Bolster Profits Amidst Industry-Wide Squeeze
Deutsche Bank is expanding its use of blockchain.
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.
Investment Executive: U.S. banks undertake blockchain experiment
U.S. banks are undertaking a blockchain experiment.