Payment system news

Bank of England: we are considering the issue of cryptocurrency

The Bank of England is considering issuing a national digital asset. This was stated by the head of the regulator, Andrew Bailey, speaking to students on Monday.

“We will continue to work in this direction, since it is of great importance for making payments and society as a whole,” he said, emphasizing that over time, transfers will be mainly digital.

Andrew Bailey noted that at the moment, the attention of the world community is drawn to solving the consequences of the COVID-19 pandemic, and as soon as these problems are resolved, the community will probably be interested in the development of national cryptocurrencies again.

Рустам Алиев

Recent Posts

What Stellar’s August 27 Protocol 28 Upgrade Means for XLM Token and Soroban Ecosystem

The upcoming rollout of Protocol 28 is a big deal for Stellar users, aiming to…

23 hours ago

Billionaire Jack Dorsey: Bitcoin Could Reach $1 Million By 2030, Here’s Why It’s a Big Deal

The prominent investor has shown its conviction that BTC is set to drive its price…

1 day ago

XRP Price Eyes Upside as Canada’s Top Bank Discloses Two XRP ETF Exposures

XRP price remained relatively stable this week despite trading in the red, while fresh institutional…

1 day ago

SOL Ready to Reclaim $120? Solana’s 19-Month Downtrend Against Bitcoin Close to Reversal, Says Analyst

Solana’s reversal is imminent, an important development for crypto traders looking to capitalize on emerging…

1 day ago

XRP Network Activity Jumps 86% as Exchange Activity Collapses 96%, Hinting at a Market Bottom

XRP traded mostly sideways on Friday after a volatile stretch across the crypto market that…

2 days ago

XRP Millionaire Wallets Rise As Market Cap Drops 29%, Hinting At Quiet Whale Accumulation

XRP traded in a narrow range on Thursday as traders focused on on-chain signals suggesting…

2 days ago