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Bank of England calls for help amidst payment revolution

March 13, 2020 Comments are Disabled

The UK’s central bank has called for public input regarding the design of a new national digital currency amidst what it calls a revolution in payments. In a discussion paper […]

Buy more, price goes down: the strange case of bitcoin

February 27, 2020 Comments are Disabled

The unusual incentives built into the bitcoin network mean that the cryptocurrency inverts the laws of economics: the more people buy bitcoin, the more its price goes down. That’s the […]

All eyes on China in digital currency race

January 23, 2020 0 comments

Emerging markets are at the forefront of the race to develop central bank digital currencies (CBDCs), and all eyes are on China. That’s the main conclusion of a new Bank […]

The battle over money printing rights

September 14, 2019 0 comments

Last week, France’s finance minister slammed Libra, Facebook’s proposed payments coin, for encroaching on a key area of national power. Bruno Le Maire said his country would block the development […]

Facebook splits UK, EU on payments

September 12, 2019 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 […]

China takes digital money leap

September 6, 2019 0 comments

Only a few months ago, central banks were stalling on plans to issue their own digital currencies. Now China is taking an early lead in the race to launch one. […]

US struggles to speed up payments

August 14, 2019 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 […]

The legal impact of new digital currencies

July 10, 2019 0 comments

New digital currencies will have a profound impact on our concept of money, the financial system and the economy, says a top regulatory lawyer. “It’s possible for something to be […]

BoE to open up UK financial infrastructure

June 21, 2019 0 comments

The Bank of England is preparing to grant more non-banks access to its payment systems, the governor of the Bank said in a speech last night in London. Mark Carney […]

Payment’s changing promise

January 30, 2019 0 comments

Payment lies at the origins of money and a promise to pay still supports public currency. The Bank of England promises to pay…but what? As if to reinforce the belief […]

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Tag: Bank of England

Bank of England calls for help amidst payment revolution

Buy more, price goes down: the strange case of bitcoin

All eyes on China in digital currency race

The battle over money printing rights

Facebook splits UK, EU on payments

China takes digital money leap

US struggles to speed up payments

The legal impact of new digital currencies

BoE to open up UK financial infrastructure

Payment’s changing promise

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