Bank of England

Platform News: Google

BoE governor wants UK bill to make Google tackle online scams

Andrew Bailey, the new Governor of the Bank of England has been lobbying the UK government to introduce a legal requirement for internet giants such as Google to take down financia...

Panetta ECB Digital Currency

ECB must prepare to issue a digital euro

The European Central Bank should prepare to issue a digital euro to complement banknotes “if and when” it becomes necessary, ECB board member Fabio Panetta has said tod...

Platform Industry: All things crypto platforms and digital currency

Major bank-led digital cash settlement project gets delayed

A significant project between 13 of the world’s largest banks geared toward launch digital versions of key currencies in 2020 is not likely to get going this year, the busine...

Platform Industry News: Crypto platforms and cryptocurrencies

Bank of England says regulators must stay ahead of stablecoins

Financial regulators need to avoid playing catch up with electronic payment methods such as stablecoins and crypto-assets, the Bank of England’s new Governor Andrew Bailey ha...

Mark Carney

Carney sees big challenges as Bank of England eyes ‘digital banknotes’

The Bank of England must tread carefully to avoid financial stability dangers if it creates a digital equivalent to its existing banknotes, its outgoing Governor Mark Carney said o...