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Bank of England Cancels Stress Test for UK Banks, Too Afraid to Fail?

March 21, 2020

On Friday, the Bank of England (BoE) and the Prudential Regulation Authority (PRA) cancelled the 2020 stress test of eight major British banks and building societies, citing the emergency situation …

Bank of England

Why You Should Hold Bitcoin Over Government Fiat?

March 7, 2020

The Bank of England governor-designate earned himself a place in Bitcoiners’ hall of shame alongside Peter Schiff and Warren Buffett. Bitcoin has “no intrinsic value,” he said. Anyone who wants …

Bank of England

Bank of England Adds Support for Central Bank Digital Currency

February 24, 2020

The latest voice adding to the chorus of support for a digital currency is that of Sarah John, the Bank of England’s chief cashier. She says it is “crucial” that …

Bank of England

Central Banks May Lose Payments Race to Tech Companies

February 24, 2020

Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks …

Bank of England

Bitcoin is the Ideal Safe Haven for UK Citizens Right Now

January 13, 2020

It is no secret that Bitcoin’s popularity varies based on jurisdiction. The reasons why the cryptocurrency notes greater adoption in some particular countries differ from place to place, but here …

Bank of England

BoE Governor Mark Carney Proposes Global Cryptocurrency

August 25, 2019

Governor of the Bank of England Mark Carney put forward the idea of replacing the U.S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic …

Bank of England

A Short History of Major Fiat Currency Collapses and What Triggered Them

February 2, 2019

Economics Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese …

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