Tag: Bank of England

UK ponders negative rates on e-cash

Comments are Disabled

When trying to stimulate economies by imposing negative interest rates, central banks run into a problem: they can’t stop money leaking out of the banking system and into cash. Around […]

Facebook splits UK, EU on payments

0 comments

Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]

US struggles to speed up payments

0 comments

The US financial system was designed to ensure that no single entity would ever dominate the nation’s money. But the downside of this legacy is becoming ever-clearer when it comes […]

1 2 3