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Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says

Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says

The central bank governor also said regulators can't rule out central bank digital currencies.

Bank of England Governor Andrew Bailey Says Crypto Adoption Fuels Assets’ “Extrinsic” Value

Bank of England Governor Andrew Bailey Says Crypto Adoption Fuels Assets’ “Extrinsic” Value

Governor of the Bank of England, Andrew Bailey, is not the biggest fan of crypto assets. The 63-year-old British central banker has not relented in hi...

Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment

Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment

The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practic...

Bank of England Governor Bailey Sounds Alarm on Crypto Scams

Bank of England Governor Bailey Sounds Alarm on Crypto Scams

The Governor of the Bank of England has said the crypto industry, while innovative, creates opportunities for criminals.

Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We...

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